Pollution Haven Hypothesis
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Pollution Haven Hypothesis
The pollution haven hypothesis posits that, when large industrialized nations seek to set up factories or offices abroad, they will often look for the cheapest option in terms of resources and labor that offers the land and material access they require. However, this often comes at the cost of environmentally unsound practices. Developing country, Developing nations with cheap resources and labor tend to have less stringent Environmental law, environmental regulations, and conversely, nations with stricter environmental regulations become more expensive for companies as a result of the costs associated with meeting these standards. Thus, companies that choose to physically invest in foreign countries tend to (re)locate to the countries with the lowest environmental standards or weakest enforcement. Three scales of the hypothesis #Pollution control costs have an impact at the margins, where they exert some effect on investment decisions and trade flows. #Pollution control costs ar ...
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Factory In China At Yangtze River
A factory, manufacturing plant or a production plant is an Industry (manufacturing), industrial facility, often a complex consisting of several buildings filled with Outline of industrial machinery, machinery, where workers manufacturing, manufacture items or operate machines which Process Manufacturing, process each item into another. They are a critical part of modern Production (economics), economic production, with the majority of the world's goods being created or processed within factories. Factories arose with the introduction of machinery during the Industrial Revolution, when the Capital (economics), capital and space requirements became too great for Putting-out system, cottage industry or workshops. Early factories that contained small amounts of machinery, such as one or two spinning mules, and fewer than a dozen workers have been called "glorified workshops". Most modern factories have large warehouses or warehouse-like facilities that contain heavy equipment used ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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Pollution In China
Pollution in China is one aspect of the broader topic of environmental issues in China. Various forms of pollution have increased as China has industrialised, which has caused widespread environmental health problems.Jared Diamond, '' Collapse: How Societies Choose to Fail or Succeed'', Penguin Books, 2005 and 2011 (). See chapter 12 entitled "China, Lurching Giant" (pages 258–377). Pollution statistics The immense growth of the People's Republic of China since the 1980s has resulted in increased soil pollution. The State Environmental Protection Administration believes it to be a threat to the environment, food safety and sustainable agriculture. 38,610 square miles (100,000 km2) of China's cultivated land have been polluted, with contaminated water being used to irrigate further 31.5 million miles (21,670 km2.), and another 2 million miles (1,300 km2) have been covered or destroyed by solid waste. The affected area accounts of one-tenth of China's cultivatabl ...
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Locally Unwanted Land Use
In land-use planning, a locally unwanted land use (LULU) is a land use that creates externality costs on those living in close proximity. These costs include potential health hazards, poor aesthetics, or reduction in home values. LULUs often gravitate to disadvantaged areas such as slums, industrial neighborhoods and poor, minority, unincorporated or politically under-represented places that cannot fight them off. Such facilities with such hazards need to be created for the greater benefits that they offer society. LULUs can include power plants, dumps (landfills), prisons, roads, factories, hospitals and many other developments. Planning seeks to distribute and reduce the harm of LULUs by zoning, environmental laws, community participation, buffer areas, clustering, dispersing and other such devices. Thus planning tries to protect property and environmental values by finding sites and operating procedures that minimize the LULU's effects. Types * Brothel * Landfill * R ...
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Global Waste Trade
The global waste trade is the international trade of waste between countries for further treatment, disposal, or recycling. Toxic or hazardous wastes are often imported by developing countries from developed countries. The World Bank Report ''What a Waste: A Global Review of Solid Waste Management'', describes the amount of solid waste produced in a given country. Specifically, countries which produce more solid waste are more economically developed and more industrialized. The report explains that "Generally, the higher the economic development and rate of urbanization, the greater the amount of solid waste produced." Therefore, countries in the Global North, which are more economically developed and urbanized, produce more solid waste than Global South countries. Current international trade flows of waste follow a pattern of waste being produced in the Global North and being exported to and disposed of in the Global South. Multiple factors affect which countries produce was ...
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Fenceline Community
A fenceline community or frontline community is a neighborhood that is immediately adjacent to a company, military base, industrial or service center and is directly affected by the noise, odors, chemical emissions, traffic, parking, or operations of the company. These communities are exposed to hazardous chemicals, high pollution levels, and environmental degradation along with the threat of chemical explosions. Many fenceline communities are situated in sacrifice zones that are disproportionately inhabited by people of color, Indigenous communities, and the working poor. Background As a result of exposure to hazardous materials and emissions, fenceline communities experience higher rates and risk of cancer and respiratory challenges. Fenceline communities also face additional health and socioeconomic issues such as poor housing infrastructure, lack of access to nutritious and non-toxic food, and higher rates of diseases, along with the increase stress and challenges that resu ...
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Environmental Racism
Environmental racism or ecological apartheid is a form of institutional racism leading to landfills, incinerators, and hazardous waste disposal being disproportionally placed in communities of colour. Internationally, it is also associated with extractivism, which places the environmental burdens of mining, oil extraction, and industrial agriculture upon Indigenous peoples and poorer nations largely inhabited by people of colour. Response to environmental racism has contributed to the environmental justice movement, which developed in the United States and abroad throughout the 1970s and 1980s. Environmental racism may disadvantage minority groups or numerical majorities, as in South Africa where apartheid had debilitating environmental impacts on Black people. Internationally trade in global waste disadvantages global majorities in poorer countries largely inhabited by people of colour. It also applies to the particular vulnerability of indigenous groups to environmental poll ...
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Environmental Dumping
Environmental dumping is the practice of transfrontier shipment of waste (household waste, industrial/nuclear waste, etc.) from one country to another. The goal is to take the waste to a country that has less strict environmental laws, or environmental laws that are not strictly enforced. The economic benefit of this practice is cheap disposal or recycling of waste without the economic regulations of the original country. An example of an attempt at environmental dumping is the story of the decommissioned French aircraft carrier, the FS Clemenceau, which was originally sold to a ship breaking yard in Gujarat India to be demolished and recycled as scrap. The Indian Supreme Court ruled in 2006 that it could not enter Indian waters due to the high level of toxic waste and 700 tons of asbestos present on the ship, forcing the French government to take the Clemenceau back. The ship was subsequently blocked from entering the Suez Canal for the same reason. In 2009, the task of r ...
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Nobel Memorial Prize In Economic Sciences
The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel ( sv, Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an economics award administered by the Nobel Foundation. Although not one of the five Nobel Prizes which were established by Alfred Nobel's will in 1895, it is commonly referred to as the Nobel Prize in Economics. The winners of the Nobel Memorial Prize in Economic Sciences are chosen in a similar way, are announced along with the Nobel Prize recipients, and the prize is presented at the Nobel Prize Award Ceremony. The award was established in 1968 by an endowment "in perpetuity" from Sweden's central bank, Sveriges Riksbank, to commemorate the bank's 300th anniversary. It is administered and referred to along with the Nobel Prizes by the Nobel Foundation. Laureates in the Memorial Prize in Economics are selected by the Royal Swedish Academy of Sciences.
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Paul Krugman
Paul Robin Krugman ( ; born February 28, 1953) is an American economist, who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for ''The New York Times''. In 2008, Krugman was the winner of the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services. Krugman was previously a professor of economics at MIT, and later at Princeton University. He retired from Princeton in June 2015, and holds the title of professor emeritus there. He also holds the title of Centennial Professor at the London School of Economics. Krugman was President of the Eastern Economic Association in 2010, and is among the most influential ...
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Statistical Significance
In statistical hypothesis testing, a result has statistical significance when it is very unlikely to have occurred given the null hypothesis (simply by chance alone). More precisely, a study's defined significance level, denoted by \alpha, is the probability of the study rejecting the null hypothesis, given that the null hypothesis is true; and the ''p''-value of a result, ''p'', is the probability of obtaining a result at least as extreme, given that the null hypothesis is true. The result is statistically significant, by the standards of the study, when p \le \alpha. The significance level for a study is chosen before data collection, and is typically set to 5% or much lower—depending on the field of study. In any experiment or observation that involves drawing a sample from a population, there is always the possibility that an observed effect would have occurred due to sampling error alone. But if the ''p''-value of an observed effect is less than (or equal to) the significa ...
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Efficiency
Efficiency is the often measurable ability to avoid wasting materials, energy, efforts, money, and time in doing something or in producing a desired result. In a more general sense, it is the ability to do things well, successfully, and without waste. In more mathematical or scientific terms, it signifies the level of performance that uses the least amount of inputs to achieve the highest amount of output. It often specifically comprises the capability of a specific application of effort to produce a specific outcome with a minimum amount or quantity of waste, expense, or unnecessary effort. Efficiency refers to very different inputs and outputs in different fields and industries. In 2019, the European Commission said: "Resource efficiency means using the Earth's limited resources in a sustainable manner while minimising impacts on the environment. It allows us to create more with less and to deliver greater value with less input." Writer Deborah Stone notes that efficiency is " ...
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