Archive for the 'Other' Category

18
Oct
09

Sharp Drop in Afghan Opium Crop: Could be a tactic to drive prices up

opium production in afghanistanGraph description:

The supply of opium in Afghanistan decreases from S to S1. This is a shift  of the supply curve to the left. The equilibrium price increases from P to P1. The equilibrium quantity decreases from Q to Q1.

The United Nations office on Drugs and Crime as identified that the production of Opium in Afghanistan has dropped sharply. An estimated 22% of cultivation has decreased and thereby, 10% of production has decreased. Even though these figures could in a way be hurting the opium suppliers, the UN believes that it is a “welcome piece of good news”. 60% of the country’s cultivation takes place in Helmand, which has been affected most significantly. It is found that drug trade threatens the legitimacy of Afghanistan.With this current decrease in production, 20 provinces in Afghanistan are poppy-free however, Chris Morris, a BBC reporter says that refining and trafficking of drugs still exists. The UNODC’s executive director says that the other drugs in Afghanistan still have “catastrophic consequences”, some of which include funding criminals, insurgents and terrorists, encouraging corruptions and undermining public trust.

Even though this cut down in production of opium could be a sign of progress in Afghanistan, some analysts believe that it is just a tactic that producers are using. Because the world’s heroin prices have come down, this fall in opium production may be a “temporary tactic by suppliers to drive prices back up”. Afghanistan in fact, produces 90% of the world’s heroin. This tactic could clearly be true, as the prices for both opium and heroin will gradually rise.

10
Oct
09

Increasing Demand for Surrogates in India

An increase in demand for surrogates (shift to the right)

An increase in demand for surrogates (shift to the right)

This graph represents the demand and supply of surrogates in India. In previous years, demand was not that great and therefore, the supply of surrogates remained low. However, as the demand for surrogates has increased, the supply must increase too. This is evident through the fact that triple the number of agencies from 2005 (currently at 350) who provide customers with surrogates, have increased. The graph shows a shift in demand to the right, where the equilibrium price and quantity demanded and supplied has increased too.

After completing 3 trips to India, “Rhonda and Gerry Wile finally heard a sound they thought they might never hear: the heartbeat of their unborn child.” Rhonda, a 39-year-old nurse and Gerry, a 43-year-old fireman, got married in 2000. By the year 2005, the couple began to start conceiving. However, there was a problem; Rhonda had two wombs instead of one. A couple months later, she became pregnant only to find out that her baby had no heartbeat. The couple then tried artificial insemination, but had no hope. This is when the couple considered surrogating in India.

No agency has kept track of the number of surrogates who bear babies for foreigners. However, the proliferations of clinics throughout the country, which provide such services, have declared that there is a rising demand for surrogates in India.  Women who act has surrogates bear babies for other people, in return for money. This practice is legal in India.

Hrishikesh Pai, a vitro fertilization specialist says that India currently has 350 facilities that offer surrogacy, triple the number in 2005. Last year, surrogates made 1000 attempts in total to conceive a baby for another. It is estimated that the number will increase to 1500 and a third of these will be made for those who live outside India.

Rudy Rupak, the president of PlanetHospital, a California-based medical tourism company sent 600 couples or single parents up until August this year overseas for surrogacy. This is three times the number in 2008 and up from 33 in 2007. All of the people went to India except for seven who went to Panama. Most of the couples and singles were from the US, and others from Europe, Middle East and Asia, mostly Japan, Vietnam, Singapore and Taiwan.

Because of increasing demand from clients for eggs from Caucasian women, Rupak started to send donors to India from the Soviet republic of Georgia.

Most of the women who act as surrogates do so only to pay for debt. Some people in India are greatly against this act. . “They are using the vulnerability of the poor. Making (a woman) a child-producing machine is not acceptable to us,” says Ranjana Kumari, president of WomenPowerConnec. “There should be controls so it is not an open market as it is at the moment.”

The reason India is becoming such a popular place for foreigners to hire surrogates is due to the reasonable costs. Many believe it is almost half the price as what they would have paid a donor in the US. A gay couple from the US considered going to India because “India had better infrastructure, more high-tech facilities and the healthier lifestyle. (Most women) don’t smoke, they don’t drink and they don’t do drugs.” Both men wanted to be genetic fathers, so they both gave a sample of sperm. Within months, two surrogates were pregnant and both had their babies conceived. The couple spent a total of $60,000 including compensation of $10,000 for each surrogate. This was half of what it would have cost in the US.

After Mr. and Mrs. Wiles came to India for surrogacy, donor eggs fertilized with Mr. Wile’s sperm were implanted. Soon, a baby was born and Mrs. Wiles was thrilled. “We’ve had a very good experience with surrogacy and we’re definitely going try it again”, said Mr. Wiles.

As there is an increasing number for demand of surrogates in India, some people are becoming worried that many poor women will be exploited. Even though this is helpful for them to pay off for debts, this is certainly not the best option for poor women as many will have to be isolated from their families. India may need to consider putting a price floor to set a minimum wage. Poor women who have more than two children cannot survive with a wage of $20 a month.

After completing 3 trips to India, “Rhonda and Gerry Wile finally heard a sound they thought they might never hear: the heartbeat of their unborn child.” Rhonda, a 39-year-old nurse and Gerry, a 43-year-old fireman, got married in 2000. By the year 2005, the couple began to start conceiving. However, there was a problem; Rhonda had two wombs instead of one. A couple months later, she became pregnant only to find out that her baby had no heartbeat. The couple then tried artificial insemination, but had no hope. This is when the couple considered surrogating in India.

No agency has kept track of the number of surrogates who bear babies for foreigners. However, the proliferations of clinics throughout the country, which provide such services, have declared that there is a rising demand for surrogates in India.  Women who act has surrogates bear babies for other people, in return for money. This practice is legal in India.

Hrishikesh Pai, a vitro fertilization specialist says that India currently has 350 facilities that offer surrogacy, triple the number in 2005. Last year, surrogates made 1000 attempts in total to conceive a baby for another. It is estimated that the number will increase to 1500 and a third of these will be made for those who live outside India.

Rudy Rupak, the president of PlanetHospital, a California-based medical tourism company sent 600 couples or single parents up until August this year overseas for surrogacy. This is three times the number in 2008 and up from 33 in 2007. All of the people went to India except for seven who went to Panama. Most of the couples and singles were from the US, and others from Europe, Middle East and Asia, mostly Japan, Vietnam, Singapore and Taiwan.

Because of increasing demand from clients for eggs from Caucasian women, Rupak started to send donors to India from the Soviet republic of Georgia.

Most of the women who act as surrogates do so only to pay for debt. Some people in India are greatly against this act. . “They are using the vulnerability of the poor. Making (a woman) a child-producing machine is not acceptable to us,” says Ranjana Kumari, president of WomenPowerConnec. “There should be controls so it is not an open market as it is at the moment.”

The reason India is becoming such a popular place for foreigners to hire surrogates is due to the reasonable costs. Many believe it is almost half the price as what they would have paid a donor in the US. A gay couple from the US considered going to India because “India had better infrastructure, more high-tech facilities and the healthier lifestyle. (Most women) don’t smoke, they don’t drink and they don’t do drugs.” Both men wanted to be genetic fathers, so they both gave a sample of sperm. Within months, two surrogates were pregnant and both had their babies conceived. The couple spent a total of $60,000 including compensation of $10,000 for each surrogate. This was half of what it would have cost in the US.

After Mr. and Mrs. Wiles came to India for surrogacy, donor eggs fertilized with Mr. Wile’s sperm were implanted. Soon, a baby was born and Mrs. Wiles was thrilled. “We’ve had a very good experience with surrogacy and we’re definitely going try it again”, said Mr. Wiles.

As there is an increasing number for demand of surrogates in India, some people are becoming worried that many poor women will be exploited. Even though this is helpful for them to pay off for debts, this is certainly not the best option for poor women as many will have to be isolated from their families. India may need to consider putting a price floor to set a minimum wage. Poor women who have more than two children cannot survive with a wage of $20 a month.

15
Sep
09

Hatoyama Sweeps to Power

obama hatoyama

After a long, nearly 54 years of the Liberal Party of Japan (LPJ) governing Japan, Yukio Hatoyama’s new Democratic Party has defeated the old party and taken over as a new government. One of the main reasons for his sucess in wooing the Japanese electorate is due to the big “promises” that had been made by him during the polls. Attention now turns to whether or not he can actually “deliver on his election promises” (BBC). One of the biggest jobs for him to take on is to bring the world’s second biggest economy back to sustainable growth after the compelling recession, as well as to decrease the record of unemployment.

Some of the improvements Mr. Hatoyama has promised to take on includes, expanding the welfare state, improve relations with Japan’s Asian neighbors, to create a diplomacy less subordinate to the US, and to make ambitious cuts in greenhouse gas emissions. Among these promises on his agenda, he also plans to break taxes for small and medium-sized businesses, to abolish road tolls and high education fees. Whether or not Mr. Hatoyama can accomplish these “big promises” is a big question Japan’s people would like have proven and answered to them.

In the previous LDP of Japan, Aso who had undertaken the role of the Prime Minister could not cope with the crisis. “The LDP vote-gathering machine has collapsed”, said Professor Curtis, America’s doyen of Japanese political studies. ”The further you go from Tokyo and the big cities, the angrier people are … They don’t want roads and dams and expensive community centres. The major community centre in rural Japan has been taken from them – that is the post office. They want doctors, nursing care. They want an economy that will encourage young people not to move to the big cities. And the LDP was not offering these things”, Curtis claims. Clearly, people are now expecting marvelous changes of this newly transformed political landscape. The changes lie in Hatoyama’s hands.

http://www.guardian.co.uk/environment/2009/sep/07/japan-greenhouse-gas-cuts

http://news.bbc.co.uk/2/hi/asia-pacific/8229988.stm

http://www.telegraph.co.uk/news/worldnews/asia/japan/6116139/Japanese-election-Hatoyamas-agenda-includes-tax-breaks-and-distance-from-US.html

http://www.smh.com.au/world/rural-vote-swings-it-for-japans-new-leader-20090831-f598.html

09
Sep
09

1:1 Computing

LaptopThe 1:1 computing program was always an appealing idea to me. Sometimes, I could never cope with taking notes in class and so bringing the laptop was a plus point. I could easily type everything as the class went on. It is a totally new way of learning for me and I hope to get used to it soon.

One of the only concerns that I have is the idea that because everything is being completed on the laptops, we may not have enough class discussions. Sometimes I feel that the class is rushed because we learn about a couple of ideas off the power point presentations, and then most of the time we have to write a blog relating to it. I feel obligated to have a class discussion and I strongly believe that it is needed, because it helps the students learn from not just the teacher, but also other students in class. Perhaps we could dedicate some of our classes to having just discussions.

As for the threat of loss or damage, my parents are quite confident that I can be responsible for my laptop. Because I live quite far from school and have long traveling hours, it is impossible to carry my laptop back and forth daily. For this reason, I have made a compromise to deal with the problem. Most of the time, I bring my laptop on the first day of the week, and leave it in my locker whenever I don’t need it at home. I then usually take it home for the weekend. My parents are still unsure about whether this is a safe idea, but hopefully it can be safely stored.

Distraction in class is not a problem for me. When in class, I stay focused on my work to get the most of class time. Whether or not students want to stay on task is entirely up to them. Each student should by now understand the consequences of not paying attention in class. In addition, the teacher seems to have good monitoring control over the students, so it is unlikely that students will have the chance to wander off on the web.

31
Aug
09

Valuable Economic Website

Website name: The Wall Street Journal

Website URL: http://asia.wsj.com/home-page

Wall Street

Wall Street

The Wall Street Journal is an International news paper that is published by the famous Dow Jones & Company. The company belongs to the News Corporation in New York City, which is the heart of the financial district. The newspaper comes in several editions, including worldwide, European and Asian news. It is based on the markets and financial issues occurring in the global world. The reason I personally enjoy referring to this website is because of it’s great news provisions of the world. It allows readers to choose from great options including news about businesses, markets, market data, tech, life&style, and finally, other people’s opinions in the form of commentaries. If one is ever in a rush and needs to catch up on economic news, one can easily access the link of the “editor’s pick”, from which one can easily gain quick insights about the latest news. Another section like this is the “highlights” section, in which there is news regarding many different areas and subjects of the society along with given images. The website overall is quite convenient in the way it is organized; you can choose to visit a page where you can watch multiple videos, a blogs page, and one of my favorites is the Interactive Graphics page. Additionally, the quality of the images that are taken are excellent. One of the more convenient features of this news website is the “topics” page, where you are allowed to choose a certain alphabet that corresponds to a topic you are interested to hear about in the recent news. The website overall is easy to access, and can definitely keep you up to date, if you visit daily.


24
Aug
09

Why I Enrolled in Economics?

Value

Value

Not on any given day, do I miss the chance where people around me are talking about something related to economics. Today, economics revolves around the entire world. It has become an integral part of the universe and every day, billions of people have things to talk about it. As economics has already and is still continuing to become a field of growing importance, I feel that it is necessary for me to take this economics course to get the deepest and most meaningful insights about the way economies work. Hopefully, it will teach me to make reasonable choices later in my life, and better understand many aspects of my life.




Follow

Get every new post delivered to your Inbox.