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Books, essays and others Economics Environment

[476] Of development and the environment, II

In my previous entry, I said that I suspect opportunity cost plays an important role between development and the environment and a country will only turn to environmental issues when it reaches certain economic level. I continued further by saying, a possible correlation between wealth of nations with environmental commitment could be a possible proof.

And guess what?

There actually is an index that could be used as a proxy for environmental commitment. I found this out after browsing the New York Times (reg. req.). It – the Environmental Sustainability Index – is produced by people at Yale and Columbia for the World Economic Forum, first published in 2002 and the 2005 issue has just been released earlier. The 2002 index is located at Columbia University server. Index for 2005 should be up soon.

In general, countries with high GDP per capita have higher ranking when compared to countries with lower GDP per capita.

There are a few wildcards however, like Belgium being 125th out of 142 in the 2002 index and Uruguay at sixth. I had expected a country like Uruguay, which has GDP per capita a bit lower than Malaysia, to be in the middle of the table and Belgium to do much better. The Arab nations, despite their high GDP per capita, linger at the bottom of the pit and they provide seemingly contradicting proof to the idea presented in the previous entry.

Perhaps, their cost of forgone economic benefit is higher than most people. It needs to be said that the opportunity cost idea is valid when all things are equal. The opportunity cost from one subject to the next does vary and this might explain why certain countries differ from their expected ranks. Furthermore, there are several issues with the methodology of the survey and this affects the accuracy of the index. The Times article states a few. One of the them:

He also said a system that rated Russia, whose populated western regions have undergone extraordinary environmental degradation, as having greater environmental sustainability than the United States had inherent weaknesses.

At 33, Russia’s ranking, Mr. Esty said, is in large part a consequence of the country’s vast size. While it “has terrible pollution problems” in the western industrial heartland, he said, its millions of unsettled or sparsely settled acres of Asian taiga mean “it has vast, untrammeled resources and more clean water than anywhere in the world.” So, he added, “on average, Russia ends up looking better than it does to someone who lives in western Russia.”

Alrighty, I’m going for breakfast. I won’t commit myself to any environmental course if my stomach is growling.

p/s – ReMag 5 is out. I’m not quite satisfied with the end product but more tweaks should happen soon.
pp/s – I wanted to play World of Warcraft so badly but the delay is too much for me to handle. I’ve thus canceled the Amazon order.

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Economics Environment Humor Science & technology This blog

[475] Of development and the environment

There seems to be a strong relationship between the level of economic development and environmental protection. I’ve always suspected this and a post in a forum reminded me of it. The poster presented the idea and asked why that seems to be so. I offered her a short answer. A few hours later, I sat down somewhere and gave it a further consideration quietly.

I think the relationship between the two aspects is actually the opportunity cost – the cost of investing in one variable is the forgone benefit of other variable. In our context, if a country is poor and lack capital, the society there will be more concerned with wealth buildup instead of safeguarding the Earth. The cost of protecting the environment in term of development is too great; that country cannot afford to protect the environment at the expense of development.

The enforcement of environmental laws needs resource for implementation. If a country has no sufficient resource or wealth, then environmental laws enforcement greatly forgoes the benefit of accumulating capital. That is, the resource will be better put in use in improving the economy. Therefore, better attention will be given to economic issues instead of environmental ones, given that a country or a person is poor. Now, if that is so, the only way to instill the care for the environment is to reduce the forgone benefit of economic growth while engaging in environmental protection.

The reduction of forgone benefit cost is possible if wealth increases. This grows from the idea of diminishing returns – the more one has of a good, the less one wants more of it. In other words, another additional some sort of unit of wealth will have less benefit to the society of great wealth than to some improvised populace. Hence, as wealth increases, the cost of forgone benefit decreases.

Furthermore, environmental protection will only come when the cost of forgoing economic pursue is lower (or possibly lower or equal to) than the cost of forgoing environmental protection. Hence, if one cares for the environment, accumulation of wealth should be paramount because the accumulation of wealth reduces the cost of forgoing development.

One possible supporting proof is the possible correlation between wealth of countries with the strength of environmental laws and its enforcement; developed nations do seem to have stricter environmental requirements relative to poor countries. It would be interesting to see if there is an actual data set on this.

So, let’s all get rich in the name of the environment!

I’m not quite certain on this however. Some variable must have been left unconsidered and thus, I dare not assert this model as perfect.

p/s – there seems to be a character encoding problem with this new template.

pp/s – godddamn! This entry took some serious proofread. When I first read the completed version, I was lost in my own words!

ppp/s – the Malay version of Windows XP will be shipped soon! But, given that the OS uses confusing Malay terms and it’s sort of XP lite, I’ll stick with the English version, thank you. (Via)

p4/s – this is, um, retarded.

p5/s – updated the about section.

Categories
Books, essays and others Economics Gaming Photography Travels

[465] Of the charming Keys

For those that wasted their winter break, I hope you are jealous of me.

Somewhere near Key Largo, the largest key in Florida. The photo sucks since the real thing was far better. The ocean was true, clear turquoise, the clouds were cleanly white and the sky was magnificiently blue. To experience it is to be there. No word nor picture is able to describe atmosphere.However, one t-shirt tries to say it all:

Up close and personal:

It was so much different than Ann Arbor. Here currently, it’s all gloomy.p/s – lokitorrents.com is being sued. I wonder if SuprNova.org is facing the same issue.

pp/s – I’ve ordered my first book of the year through Amazon.org – In Praise of Slowness: How A Worldwide Movement Is Challenging the Cult of Speed. I first found it while browsing a bookstore down in Miami.

Well, it is not actually my first book since I bought a set of accounting texts earlier but I’m content to say academic stuff doesn’t count. Also, along with the book, World of Warcraft. There goes another 70 bucks.

Categories
Economics Environment Photography Travels

[464] Of more of Miami

What do these photos remind you of?

See the three bums on the right? From the left, Heng Keyn, Satchi and goddamned bloody Mike. Not that it matters since you can’t see their faces.I had two tall cups of cold chocolate shake under the Floridian Sun against the Atlantic wind here! w00t!:

Both were taken along the same stretch of road. It’s Ocean Drive/Deco Drive.And back to the question. What do these photos remind you of? For me, here’s a hint:

“Eh, fuck you, man! Who put this thing together? Me, that’s who! Who do I trust? Me!

No idea? It’s from Scarface! If you haven’t seen the classic yet, go watch it. Now. Pronto!

Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved
p/s – ExxonSecrets via WorldChanging. Correlation is not association but fact is still fact.

Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved
pp/s – Greenpeace’s Rainbow Warrior is helping Medecins Sans Frontieres (Doctors without Borders) in Sumatra.

Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved 
p3/s – some on the net are saying that the tsunami was caused by global warming. Ridiculous. The weather has nothing to do with cause of the tsunami. Nor does December 26th is cursed. Stop acting like a fool.

Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved 
p4/s – Six Apart, owner of Typepad and Movable Type, acquired LiveJournal earlier this week. Let the War of the Blog begins! Via Om Malik on Broadband.

Categories
ASEAN Economics Environment Photography Travels

[463] Of aids and tsunami

Soon after the confusion began to subside, aid from various directions started to pour in. One of the first to offer help is the United States with the initial aid of $15 million. $15 million is minute when compared to the devastation of the disaster. An official from the United Nations, Jan Egeland was swift to call the US and other industrialized nations stingy. The Challenge has an illustration that reflects the UN official’s opinion.

A few sides, in particular Fox News, were quick to retaliate but nonetheless, as a direct result from such remark, US aid rose to $35 million and shortly, promised a further $350 million of aid. That is a 200-fold of increase. After the increase on US part, the US and the UN, as mentioned in CNN, seem to be best of friends. Who wouldn’t be best of friends with $350 million eh?

While I was in Florida, a DJ over the radio said that he is disappointed by affected Asian countries requesting for help all the while these countries are the ones that are giving the US headache. With his tone, he seemed to be a little bit ignorant of geography and was trying to generalize on all things Asian. Yet, in a certain light, he is right. The world is expecting too much of the US.

I don’t think the world should expect too much from the US. Though all of us are interrelated one way or the other, the US does not owe anything to the world (except their debt. Hah!) and the world cannot possibly expect the US to lead everything. We must understand that the US has its own constraints; politically and financially.

Already, some in the US are saying that the $350 million is too much and might prevent future aid to other needy regions. This worry is justified no matter how badly the tsunami hit the countries of the Indian Ocean.

And if the US is offering aid, as it is the case right now, the US certainly seeks something in return or it was under pressure.

One other thing that catches my ears concerns Al-Qaeda and the Islamists in general. While driving in Orlando, or was it Miami or the Keys, a friend said that we don’t see these terrorists that fought in the name of Islam offering any help towards the victim of the tragedy. He further argued that these terrorists are only interested in bashing the US and not for the betterment of Muslims.

Not that I am fond of the terrorists but deep in my heart, I was trying to disagree. I can’t concur with the ways of the terrorists but some aspects of their struggle do sound acceptable, however misguided their actions are. Yet, I couldn’t find a point to counter his suggestion.

Another friend offered a different perspective. He said that we might not know whether the Islamists are offering help to the victims. Really, he said, there is no reason for them to publicize their help while the authority is looking for them. I hope this is the case.

But still, despite Muslims are one the heaviest hit, rich Gulf Muslim countries are doing too little to help. I do realize that these Gulf states are not from the first world but their income from the high oil price is certainly tremendous. These Gulf states need to offer more if they don’t want to let idea of Muslim brotherhood turns into a myth.

Also, there seems to be a fight for influence at the other end of the world. Both India and the US seem to be trying to outdo each other in Sri Lanka – both are sending ships and soldiers to help Sri Lanka. One can only speculate the sincerity of some of these aids.

And if what my friend said about the terrorists helping out quietly is indeed the case, it is a politically game. Even Collins Powell has said that all the aids the US are handing out might improve their image among the Muslims.

Nevertheless, I do believe a lot of givings, especially by volunteers from all around the world, are sincere. Like what was said in one of the interviews done by CNN, there is still good in this world.

Regardless of the event, I had without doubt better time in Florida compared to the people in Asia. The sun was bright, the sky was blue, and the water was clear and turquoise particularly at the Florida Keys. The wind was both strong and graceful at the same time.

This was taken at South Beach in Miami

This was taken at South Beach in Miami and this is my current desktop background.p/s – The Bear suggests an alternative way to help the affected countries. It will not help the victims directly but it helps nonetheless.

pp/s – satellite photos of Aceh and Sri Lanka by DigitalGlobe. Check out the photo analysis.