Ch 14 - Environment and development

Question 1

Name someone impact of adverse environmental conditions

Answer 1

Change agriculture productivities
Flooding
Affect marine life
Health concerns

Question 2

What distinguishes climate change from conventional externalities?

Answer 2

It’s due to the actions of all countries in the world and impact everyone in an heterogenous way
Negative consequences materialize over long time periods
Consequences of climate change are uncertain
Impacts of climate change are potentially very large and often irreversible

Question 3

Why is there a difference in the impacts of adverse environmental conditions in developing and developed countries?

Answer 3

Magnitude of disasters
Govs of poor countries have fewer resources to engage in effective disaster relief or prevention
Humanitarian aid

Question 4

What are some mitigation stategies?

Answer 4

Reduce deforestation - mandated quotas with proper monitoring, PES
CO2 trading schemes 
Pigouvian tax 
Environmental regulation 
Disaster relief 
Humanitarian aid

Question 5

Donors tend to provide greater relief for _____________

Answer 5

High profile emergencies, historically important allies and those with robust economic ties

Question 6

Why can high income countries afford better effective relief policies?

Answer 6

Stronger and more durable materials and structures
Irrigated agriculture not exposed to droughts
Early warning systems and better weather forecasting
Medical care and good available in greater volumes after disasters
More efficient and accountable governments
Much higher media effect