Wednesday, March 11, 2009

Market Failures Commentaries

First article:
Rich countries driving pollution in poor countries

This would be a good article to write a commentary about because it deals with environmental problems leading to health problems, caused by rich countries polluting other parts of the world. This illustrates a market failure and negative externalities.


Second Article:

Globalization drives a bubble in Indonesian's seaweed market


This article would also be appropriate to write a market failure commentary on because it deals with an over allocation of resources towards the seaweed market in Indonesia.


Third article:

Room for more hospitals



This article would make a good commentary because it deals with the market failure in healthcare, especially the private healthcare system which has expanded in the last few years in Malaysia.

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