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Showing posts with label development. Show all posts
Showing posts with label development. Show all posts
11 February 2013
The 3D Printer Revisited
The link below which connects to a paper by Yannick Rumpala of le Université de Nice was shared by an anonymous commenter on my recent post about the potentially economically destabilizing forces of 3D printing technology.
Although I have a couple of methodological issues with the author's approach (especially around cause and effect in the sphere of political processes), the paper provides a solid background of what is at stake with 3D printing, as well much more detail on the technology itself than I feel is pertinent to share in the "quick-hit" realm of the blogisphere.
My original post has drawn enough interest that I would imagine there are many people out there who would like to know more about this topic. As such, I recommend reading this to anyone who wants to dig deeper into this issue. I especially would like to draw attention to the arguments around growing industrial autonomy in the modern economy as I feel this is potentially the greatest area of impact?
Thank you to the original commenter for sharing!
http://millenniumjournal.files.wordpress.com/2012/10/rumpala-additive-manufacturing-as-global-remanufacturing-of-politics.pdf
17 January 2013
Growth and the Destruction of the Environment: Do We Have any Right to Make These Choices for the Chinese?
*Picture taken from the NYT "Room for Debate" page. Find the Link here.
The argument about the choices faced by societies between economic growth and environmental damage becomes increasingly important as much of the non-Western European world, most notably China's pace of industrialization speeds up.
At this point it has become almost cliche to pick on the New York Times for running ignorant economic analysis and presenting it as fact. This time they at least had the good sense to relegate the ignorance to the opinion section.
There are issues with each of the four individual arguments made in this forum published on the Times website about economic growth. In this "debate" however, I want to point out what was not included in the arguments, that is, an acknowledgment of the historical context, rather than critiquing what was written.
So often (almost always) in arguments from westerners about the "proper" path for growth in the developing world, especially in China, the argument is made that there needs to be a balance between growth and environmental sustainability. We are far more educated about the environmental and health costs of industrial pollution than any generation before us.
There are (of course) two sides to this growth coin. The positive way of viewing this argument is that countries that are developing now, can, and should, learn from the mistakes of The US, Western Europe and the former Soviet Union. China "learning" from our "mistakes" and slowing growth to preserve the environment is a popular stance in the west. Clean, slow growth in China is a win-win for the west. They grow slower, and thus pose less of a threat to our global financial dominance while doing so, and the world stays pretty and green so that the wealthy among us can enjoy it on our vacations.
The other side of this coin, which these arguments by westerners always seems to miss is the historical context of US and Soviet development. It was largely through unregulated (and massively polluting) industrial growth that many of the world's leading economies were able to become wealthy enough to have the wealth and time to care about environmental degradation.
I am not arguing that rapid growth at high environmental cost is path China should take (In my opinion). What I am arguing is that those of us living in wealthy countries that developed at such a high environmental cost that at certain points in our history our rivers were so polluted as to become flammable, are not in a moral position to tell a currently industrializing nation not to pollute at the cost of economic growth. Just perhaps, the Chinese and other developing countries should have the right to make their own decisions about the trade off between cheap growth and environmental destruction? Or at very least, they should not have to be told by a bunch of wealthy westerners to "do as we say, not as we did".
13 December 2012
Casino Baby! Fingers Crossed that Holyoke Doesn't Get Forgotten.
This is just a small article about negotiating with "surrounding communities" in terms of road improvements etc. There is no mention of Holyoke as a community near Springfield. I hate to say it, but if Springfield does end up with a casino my guess will be that Holyoke will continue to get screwed. Our young mayor and all the positive feelings about economic development in certain social circles here doesn't change that as long as Holyoke remains economically insignificant, we will be ignored.
The reason that this upsets and saddens me is that I have been teaching a class at Holyoke Community College this semester (that is just now ending). We have spent a fair bit of time (even though it is a macro course) discussing the possible economic impacts of a large scale casino/resort coming to the area. The economic possibilities of a major casino development have my students (rightly so) excited about the future of capital flowing in and job prospects in the area. A large scale resort is a dream for a young business major /entrepreneur. Maybe not a great dream, but still the possibility of change is a step in the right direction (in a city that has been taking many small steps in the right direction in recent years). It is still early in the casino planning phases, but those of us who are working to rejuvenate Holyoke back to the beautiful and economic relevant community it once was need to start fighting this fight now!
Worst case scenario (if the impact on Holyoke of a Springfield casino is totally ignored)....well....
At least with a casino in Springfield we will have even more more drug money flowing into our city, sigh....
http://www.masslive.com/politics/index.ssf/2012/12/massachusetts_gaming_leaders_u.html#incart_river_politics#incart_m-rpt-2
05 March 2012
More to Follow....Export lead growth? garbage?
Well no....
But without preempting an upcoming paper...
We are starting to see some evidence that the path to development in Africa is to sell to even less developed countries. Find your technological comparative advantage and use the proceeds to strengthen said advantage. I only mention this now to have it on record that in some degree we were here first! (not in "absolute" terms of course but....still there is something there.
Go regression analysis!
Earth shattering policy implications to follow in future weeks....
Really I am just curious what you all, my loyal readers think of the theories of skipping steps on the development ladder by selling to "more developed" countries. It makes sense right?
Sense and economics of course very rarely have anything to do with each other.
But without preempting an upcoming paper...
We are starting to see some evidence that the path to development in Africa is to sell to even less developed countries. Find your technological comparative advantage and use the proceeds to strengthen said advantage. I only mention this now to have it on record that in some degree we were here first! (not in "absolute" terms of course but....still there is something there.
Go regression analysis!
Earth shattering policy implications to follow in future weeks....
Really I am just curious what you all, my loyal readers think of the theories of skipping steps on the development ladder by selling to "more developed" countries. It makes sense right?
Sense and economics of course very rarely have anything to do with each other.
23 September 2010
On the Paradox Between Specialization and Diversification
This topic is on my mind because of reading a random anthropology based book on early human history in Africa last night. The author points out a paradox in a young community between specializing in a certain survival strategy (hunting, agriculture, raising animals, etc.) and diversification into many. The underlying goal of a community is, of course, population growth. and long term (multi-generation) survival.
The specialized community if successful will become very good at whatever survival strategy they have selected. They become very good farmers or very good hunters etc. The diversified community will not gain the same high level of skill in any one area, but are much more likely to be able to survive a disaster that makes one style of gaining food temporarily unavailable. A specialized agricultural society will be able to grow faster than a diverse society as long as harvests are good, when a drought comes the diverse society will be more likely to survive until the rain comes than a specialized society.
These ideas are also common in the realms of economics and finance. Classical economics is filled with ideas of the (forced) division of labor, that is, specialization being what makes capitalism so much more productive than all systems that have come before it. Finance literature is filled with claims that diversification will mediate risk and make a successful investor.
What is more important to me today is how this paradox also enters into the realms of personal choice. I have lived my life along the safe route of diversification chosen by communities that survive but do not grow. If kicked out of academia (possibly because of mediocre blog posts such as this one), I have many skills to fall back on. I can bartend (still do), I could get a job in the construction trades (through a little creative padding of my resume), I can manage workers fairly successfully. The flip side of my attempt at becoming a modern renaissance man is that I have not spent as much time specializing as many of my colleagues.
I am doomed to watch people younger than myself finish their dissertations before I do. Also doomed (possibly) to not achieve as much success in my chosen profession as quickly as I could have if I had spent more of my time specialized on economics, and less time partaking in a diverse set of activities.
Have I made a good choice? I guess we will see if the drought comes ever comes.
Finally, I have used the word paradox without fully explaining it. The paradox only truly arises when a community's goals are both fast growth and survival during disaster (evolutionary biology tells us that it almost always is.)
The specialized community if successful will become very good at whatever survival strategy they have selected. They become very good farmers or very good hunters etc. The diversified community will not gain the same high level of skill in any one area, but are much more likely to be able to survive a disaster that makes one style of gaining food temporarily unavailable. A specialized agricultural society will be able to grow faster than a diverse society as long as harvests are good, when a drought comes the diverse society will be more likely to survive until the rain comes than a specialized society.
These ideas are also common in the realms of economics and finance. Classical economics is filled with ideas of the (forced) division of labor, that is, specialization being what makes capitalism so much more productive than all systems that have come before it. Finance literature is filled with claims that diversification will mediate risk and make a successful investor.
What is more important to me today is how this paradox also enters into the realms of personal choice. I have lived my life along the safe route of diversification chosen by communities that survive but do not grow. If kicked out of academia (possibly because of mediocre blog posts such as this one), I have many skills to fall back on. I can bartend (still do), I could get a job in the construction trades (through a little creative padding of my resume), I can manage workers fairly successfully. The flip side of my attempt at becoming a modern renaissance man is that I have not spent as much time specializing as many of my colleagues.
I am doomed to watch people younger than myself finish their dissertations before I do. Also doomed (possibly) to not achieve as much success in my chosen profession as quickly as I could have if I had spent more of my time specialized on economics, and less time partaking in a diverse set of activities.
Have I made a good choice? I guess we will see if the drought comes ever comes.
Finally, I have used the word paradox without fully explaining it. The paradox only truly arises when a community's goals are both fast growth and survival during disaster (evolutionary biology tells us that it almost always is.)
Labels:
development,
diversification,
division of labor,
growth,
specialization
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