Kofi Annan calls for world response to tsunami victims.

Sites to Visit for More Information:

How to help

The tsunami disaster

Resources for Economists on the Internet

Questions: Macro

1. Is the aid that will be received by tsunami victims
   i. rival or nonrival?
   ii. excludable or nonexcludable?
2. How can the efficient quantity of aid be determined?
3. Do you think that international aid organizations will provide the efficient quantity of aid to the victims? Why or why not?
4. Does international aid require government intervention? Why or why not?
5. What do you think would happen to the quantity of international aid if aid coordination was left up to individual private aid agencies?

Chapter(s): 16

Click here for more Economics in the News