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In 1986, the Malaysian Government decided to proceed with the construction of a hydroelectric dam in Bakun, an area in the predominantly forested East Malaysian State of Sarawak. At 204m in height, it would be the largest dam in South East Asia and an area the size of Singapore would be flooded. On 30 January 1994, the Prime Minister announced that the contract for constructing and operating the dam had been awarded to Ekran Bhd. At a press conference on 1 April 1995, executive chairman of Ekran Bhd. announced that the first part of its detailed Environmental Impact Assessment (EIA) had been approved by the Department of Environment (DOE). This fact was promptly denied by Director General of the DOE where he declared that the project had not been approved by the DOE. Here, some 10,000 natives of Sarawak whose habitat would be flooded and their way of life virtually destroyed, were aggrieved as they were not given a chance to be heard.
Evaluate how EIA shall be obtained for a large-scale development projects as a mean of preventing environmental destruction. Your evaluation shall be based on the above situation. Substantiate your answer with a relevant statute and relevant statutory provisions.
Abc inc. pays dividends annually. the expected dividend payment in year five is $2. the growth rate, which is currently 10%, is expected to decline linearly over ten years, between year 5 and year 15, to a stable rate of 5% thereafter. the required r..
Given a string, return a count of the number of characters in the string that are not repeated anywhere else in the string.
Amume that an economy is in its steady statenooording to the Solow model of economic growth. Consider now an aid agency that increases capital in form of foreig
A market is characterized by a demand curve that can be expressed as P = 3000 – 10 Q. Each of the two identical firms currently serving the market has a total cost function of the form C = 250 q. find the profits for each of the firms when one of the..
How do differences in manufacturing, costs affect which industries would be most likely to be affected by the removal of patents?
Consider the Solow model with population growth. Assume that population can grow attwo different rates n1 and n2, where n1 > n2. The population growth rate depends on thelevel of output per capita (and therefore the level of capital per capita). S..
Your cat just won the local feline lottery to the tune of 3000 cans of "9 Lives" cat food (assorted flavors). A local grocer offers to take the 3000 cans and in return, supply 30 cans a month for the next 10 years. What rate of return, in terms of no..
The marginal value schedule for Moe and the marginal cost schedule for Larry for apples are shown below. Find a single price that all mutually preferred trades can occur. What are the gains from trade?
What is the demand curve faced by an average Jose's taco emporium? What is price point elasticity for Jose's tacos? What is cross price elasticity of demand faced by a typical Jose's taco emporium?
Each of the following statements is related to the AD-AS model. Using the labels below, decide whether each statement refers to the aggregate demand curve, the aggregate supply curve, or both. Divided into short-run and long-run measures, which diffe..
What best describes the response to monetary policy in 2008-2009? Does this make sense in a classical world? What classical assumptions have to be thrown out to get this model to explain the response of the economy to the increase in the money supply..
Dick Hoover, owner of Modern Office Equipment, is concerned about freight costs and clerical costs incurred on small orders. In an effort to reduce expenditures
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