Asia-Pacific Economics Blog

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Articles discussing the major economic issues facing Asia-Pacific countries.

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6 Pros and Cons of Foreign Aid
Aug 7, 2019 · original
In March 2019, the Trump Administration announced that it will cut foreign aid for Guatemala, Honduras, and El Salvador. This action comes in response to individuals either applying for asylum or coming to the United States illegally in larger numbers. The pros and cons of foreign aid are essential to consider because its presence can help or hurt others. List of the Pros of Foreign Aid 1. It builds diplomatic relationships. Foreign aid can build unique individual, corporate, and political relationships that improve the diplomacy that occurs between two countries. It is usually given at a time when domestic conditions are challenging to manage for local authorities. 2. It can reduce the impact of extreme poverty. Four out of every 5 people in the world today earn less than $10 per day in wages. A significant majority of them earn less than $2 daily. Offering foreign aid is a way to help
6 Pros and Cons of Flu Shot
Jul 3, 2019 · original
Various strains of the influenza virus impact families around the world each winter. The flu is highly contagious, resulting in thousands of deaths and countless hospitalizations and visits to the doctor. One of the ways to combat this health threat is to receive the annual flu shot. List of the Pros of the Flu Shot 1. You will not get the flu from the shot. The flu shot contains an inactivated form of the expected influenza virus which will be active during the upcoming season. You cannot get sick from the flu by getting the vaccination. 2. It can help you to feel less sick if you do get the flu. If you do catch the flu after getting the shot, then your symptoms are often milder than they would be otherwise. There are lower risks of complications and hospitalizations in high-risk groups as well. 3. There is a group protection benefit to consider. When you get the flu shot, you are also
6 Pros and Cons of Flat Tax
Jun 5, 2019 · original
One way to create a “fair” system of taxation is to charge every person and household the same percentage. Whether you earn $10,000 or $1 million, this idea would charge you a flat rate of a pre-determined percentage, such as 15%. List of the Pros of a Flat Tax 1. A flat tax often increases government revenues. During the first years of a flat tax, revenue gains can increase by as much as 10% for the government because of higher levels of consumption. When people have more of their money to keep, then they spend more of it at local businesses. 2. It would eliminate freelancer taxes. If you are self-employed, then a progressive tax system will treat you as an employer and employee simultaneously. Moving to a flat tax system would eliminate the changes in withholdings, potentially saving independent contractors and freelancers a lot of money. 3. There would be less confusion with the tax c
6 Pros and Cons of Fish Farming
May 1, 2019 · original
Fish farming fits into the industry of aquaculture. The fish are raised in the system in enclosures with the intent that they will one day be sold as a food source. About 50% of the fish that we consume around the world each year are now raised in these artificial environments. Numerous species include tuna, cod, salmon, and halibut. List of the Pros of Fish Farming 1. It is an effective way to reduce over-exploitation of fish resources. Over 30% of the natural biomes where commercial fishing takes place have been over-exploited in recent years. Some regions are seeing a 90% loss of some species. As demands for seafood continue to rise, fish farming offers an opportunity to meet that demand without placing more pressure on the natural reserves. 2. it provides a source of income. Although fish farming does take away commercial fishing opportunities, it also provides local jobs that typica
7 Pros and Cons of Federalism
Apr 3, 2019 · original
Federalism is a government system which divides its power. Each group or entity which receives power shares control over a specific area with other forms of government. This is the type of government that is found in the United States, as national, state, county, and local laws may all apply. Here are the pros and cons of Federalism to consider. List of the Pros of Federalism 1. It reduces the red tape. Because multiple layers of government are available, it is easier to meet local needs with Federalism. Local officials can understand what is required without trying to petition higher levels of government. 2. It gets people involved. People can work together to self-govern under a structure like Federalism. From school boards to city commissioner positions, people are encouraged to run for local elections and help their communities in a variety of ways. 3. It reduces government influence
6 Pros and Cons of Fad Diets
Mar 6, 2019 · original
Fad diets are an eating plan which follows a popular method of trying to lose weight. These diets might be published in books, offering in online videos, or even sold as a consumer product. Are they helpful or harmful to the people who follow them? Here is a closer look at the pros and cons of fad diets. List of the Pros of Fad Diets 1. They can help you identify poor nutritional habits. Many fad diets, like the VB6 diet, get rid of the standard Western diet. Many Americans eat refined flours, added sugars, and processed foods without thinking about it. A fad diet will usually encourage more fruits and vegetables with whole grains as an eating alternative. 2. They can encourage accountability. Fad diets are often followed by friends who are attempting to reach the same goals. This gives you an opportunity to have more accountability with your eating habits. When you are accountable to so
8 Pros and Cons of Factory Farming
Feb 6, 2019 · original
As human populations grow toward a record 10 billion around the year 2050, a need to develop new food resources has become a top priority. One of the methods developed to meet this need is the factory farm. Factory farming follows the same processes as family farming with one key difference: factory farms produce food products on a much larger scale. To do this, equipment, processes, and space come together to offer job opportunities to the local community while creating a necessary food resource. These are the pros and cons of factory farming to think about and discuss. List of the Pros of Factory Farming 1. Any viable land resource can be used. Factory farming can be established in virtually any location, assuming that there is viable land for the activities. Farms might grow crops, develop livestock, or a combination of the two. This makes it possible for us to use lands that are not
6 Pros and Cons of Ethanol
Jan 2, 2019 · original
Ethanol is a fuel which is created from biodegradable products. The global leader in ethanol production is the United States, who uses corn products to create this fuel. Sugarcane is used in other markets to create it as well. Here are some of the pros and cons of ethanol use to consider. List of the Pros of Ethanol 1. It improves the energy balance in our economies. By reducing the amount of fossil fuels that are consumed in our transportation networks, we’re able to provide a greater balance of energy to meet our overall needs. Some countries use fuels which contain up to 27% ethanol in all their vehicles. E-85 fuels (85% ethanol) are becoming regularly available too. 2. It reduces carbon emissions. Ethanol can reduce greenhouse gas emissions by up to 29% at the current formulation levels in the United States (15% or less). Even a small addition of ethanol to the fuel supply can cut ov
7 Pros and Cons of Electronic Cigarettes
Dec 5, 2018 · original
Electronic cigarettes, sometimes called “e-cigs” or “e-cigarettes,” are a smoking alternative to the traditional cigarette. This product still supplies nicotine to the user, but it eliminates the harmful chemicals that are found in cigarettes and their second-hand smoke. If you’re thinking about using this technology, then here are some of the pros and cons of electronic cigarettes to consider. List of the Pros of Electronic Cigarettes 1. It eliminates tobacco from the equation. Electronic cigarettes remove the toxic chemicals, tar, and tobacco that are found in the traditional cigarette. Compared to traditional smoking, the use of an e-cigarette reduces the risks of heart disease, lung health, and cancer. 2. They come in various strengths. There are some electronic cigarettes which offer nicotine levels that are stronger than the traditional cigarette. You can also find e-cigs which con
9 Pros and Cons of Embryonic Stem Cell Research
Nov 7, 2018 · original
How we define life matters. Does life begin at conception? Does it begin when a heartbeat can be detected? At a later point in time? Many people have differing opinions about the start of life. Some even believe that life begins before conception. That is why the embryonic stem cell research pros and cons can be controversial from both sides of the debate. Here are some of the key points to consider. List of the Embryonic Stem Cell Research Pros 1. It makes use of discarded embryos. There are more than 400,000 embryos currently in storage right now, just in the United States. Many of these are frozen and will never be used during their time of viability. Through embryonic stem cell research, these embryos are guaranteed to not go to waste. 2. There are ethical methods of harvesting. Embryonic stem cells are not created only through embryo destruction. They can also be obtained through co

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