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Global Public Goods version 2
 

Global Public Goods version 2

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    Global Public Goods version 2 Global Public Goods version 2 Presentation Transcript

    • By Marina Ignatieva
    • Outline:
      • Introduction
      • Globalization & Market failure
      • The traditional view of Public Goods (PGs)
      • The essence of Global Public Goods (GPGs)
      • The provision of Global Public Goods
      • Conclusion
      • - “inexorable integration of markets, nation-states and technologies to a degree never witnessed before-in a way that is enabling individuals, corporations and nation-states to reach round the world farther, faster, deeper and cheaper than ever before”
      • T. Friedman
      • Liberalization of global economy
      • Integration of international markets
      • International law development
      • Technological development
      • Creation of global government
      • Encouragement of
        • trade,
        • investment,
        • transport,
        • travel,
        • migration,
        • communication
      • Economic crises
      • Financial meltdowns
      • Human insecurity
      • Contagious diseases
      • Access to information
      • Ethnic tension
      • Biodiversity loss
      • Air & water pollution
      GLOBAL “GOODS” GLOBAL “BADS”
    •  
    •  
    • SAMUELSON’S CONDITION : “ a public good is optimally provided when the cost to society of an additional unit of the good equals the amount that society is willing to pay for that unit”
    • Alternative methods to finance GPGs:
      • SUBSIDIES (as an aid to developing countries)
      • COMPENSATIONS (for the purposes of biodiversity conservation)
      • DIRECT PAYMENTS (contributions to the regular budgets of the main multilateral organizations)
      • PRIVATE – PUBLIC PARTNERSHIP (encouragement in research focused on disease of poor people)
    •