There are at least three reasons.
Boston: Massachusetts Institute Of Technology. But economic equality, not! Most people see speedy travel, mass communications and quick dissemination of information through the Internet as benefits of globalization. Given this, the Heckscher-Ohlin-Stolper-Samuelson model may be more useful, as it distinguishes between workers and owners of physical, financial, or human skills capital.
For example, almost three years after the spill, the state of Louisiana had to close its waters to commercial fishing due to a massive tar mat which was discovered near its coast Eaton, Why Inequality Matters Consider why high inequality matters, both within and across countries.
Y: Bearport Pub. Moreover, in real welfare terms, numbers matter more than percentages or rates! Increased accountability and transparency is vital to prevent disasters like this from ever happening again. On the other hand, new insights are emerging as to the appropriate mix of market and government activities needed to complement each other.
The technologies of disaster response plans should have been as up to date as the technologies of physically extracting the oil itself.
The crisis in Jewish philanthropy. Bolder Steps are Needed The obvious ensuing set of questions to be asked at this point is: a Is this more resolute equity bias a radical proposition?
Donor agencies and civil society will have to more forcefully advocate for equity-promoting, participatory, bottom-centered interventions, as well as being more responsive to low income countries' government-initiated requests for funding to prepare and execute policies specifically addressing the central equity issue.