This time I would like to share with you my exchange experiences. In fall 2015 I travelled to Texas to study for one semester at Texas A&M University. It is specialized in Agriculture and Mechanics, but there is also an economics department, mostly linked to the agricultural sector. It was a perfect opportunity to focus a bit more on agricultural related issues.
Thursday the 23th of June in the East of Brabant a hailstorm like no one has ever seen before caused damage on cars and roofs. Farmers were also hit by damage of their glasshouses, barns as well as crops. This on top of damage by flooded fields due to heavy rainfall this season makes the crop season 2015 – 2016 a disaster for farmers of the southeast of the Netherlands. The estimated damage, of which part is insured and part is not, is around 500 million euros according to farmer organization ZLTO.
Globalization makes it possible for goods to be traded without boundaries. The countries who produce a good most efficiently, will produce that good and trade it in order to get other goods. This means that the most efficient country will produce, which is positive for the economy. This also means that many factories are moved to low-wage countries, causing people to loose their jobs and causing environmental damage. Therefore the resistance against globalization grows, but is globalization worth a second chance?
Last week, I went to the FD National Economist Debate. The debate was about globalization and its different sides. What is the opinion of notable economists, professors, politicians and students on globalization and trade agreements?
At the first of April 2015, the milk quota was abolished after 30 years. Farmers now have the right to produce an unlimited amount of milk. Many Dutch dairy farmers responded by expanding their farms. Not surprisingly, the livestock has been growing in number of cows these past couple of years. However, this free market system causes new challenges and problems, such as the introduction of phosphate rights.
Carbon emissions are air pollutants that affect our health, the climate, our environment and its different ecosystems. The majority of the blame for releasing harmful substances falls on power plants, cars, planes, which use the combustion of fuels to produce electricity and power for transportation. They cause most of the carbon dioxide emissions. Having said that, some of the items that we use on a daily basis can be just as hazardous and who has ever taken notice of that?