In: Economics
Develop a proposal for a (hypothetical) new Australian government program to address a social/economic issue.
The proposal must include the elements listed in the table below. You may pick any level of government, and any topic area of interest to you (e.g. health, education, transport, crime prevention, environment etc).
Essential elements
The social/economic issue - Clear articulation of the social/ economic issue to be tackled, Evidence of appropriate research (100 words)
The proposed program - Clear description of the proposed program, Relevance to the social/economic issue (100 words)
Economic rationale - Justification of government intervention, Application of economic concepts (100 words)
Please link any sources/research papers you use. Thank you so much.
CLIMATE CHANGE
The recent wildfires that happened the country rattled not just this country but the entire world, and brought up the prominent issue that has been widely discussed but poorly implemented in the world - climate change. Thousands of animal and plant species had to suffer the effect of human actions. Wildfires are a disaster that have to be controlled, and adequate steps have to be taken for the same. Fighting the wildfires is an extremely strategic task which needs appropriate funding from all segments of the society. Hence, it is of extreme importance that there is a well laid out plan whose implementation had to start as early as possible so that before the next season, the state has enough funds to fight with and enough resources with which to do so.
The program that is proposed here is a three-point programme to help prepare, and fight the next season of wildfires.
The outline of the proposed programme can be as follows -
This is an issue that causes a loss of hundreds and thousands of dollars every year and if there is a way that the damage caused can be reduced, then it is worth the planning. This requires government intervention because this is not an issue that the public left to themselves would not be able to find an optimum solution to the same.