NEWS

WIRES

OTHER

Global Shortages Changing The Economic Paradigm Is The Focus Of Pablo Rafael Gonzalez In His Book, "Running Out"

As the world begins to face a global scarcity of natural resources, especially water and oil -due to the pollution and the overexploitation- the world population's life is impacted. The book, "Running Out: How Global Shortages Change the Economic Paradigm" published by Algora Publishing of New York, provides complete statistical evidence of primary natural resources exhaustion with particular emphasis in the petroleum situation.

Latin-American researcher and writer Pablo Rafael Gonzalez details a new vision of the factors involved in production, a new approach that alters important economic concepts. Economic theory to this point has considered capital as the principal scarce factor of production, considering this one of the most important underlying causes of underdevelopment. Gonzalez asserts that in the 21st century, the situation will be different - that natural resources will be the principal scarce factor of production, transforming the driving theory behind global economics.

High prices of oil are a singular first consequence of these facts -the reserves stagnation and the production and consumption increase- and the situation will be worse as the world becomes awakened to global natural resources scarcity. Water crisis will extend to diverse countries, including the U.S. Gonzalez specifically refers to the situation of states that receive the Colorado River waters, along with other places such as Mexico, China, India and North Africa - examples of that the world will face a significant water crisis event very soon.

The scarcity of natural resources brings with it serious consequences from a political and demographic point of view, as currently demonstrated in Spain and Italy. Countries worldwide every day receive a sizeable number of immigrants, like African refugees that are running from hunger and thirst to seek out better living conditions in Europe. This phenomenon will expand in other places of the world as a consequence of the natural resources crisis.

HTML: http://www.eworldwire.com/pressreleases/15677
PDF: http://www.eworldwire.com/pdf/15677.pdf
ONLINE NEWSROOM: http://www.eworldwire.com/newsroom/310394.htm
RSS NEWSROOM: http://newsroom.eworldwire.com/xml/newsrooms/310394.xml

     
   Pablo Rafael Gonzalez
   pablorafaelgonzalez@yahoo.es