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Assessment of Space Junks — Organizational Origins, Current Status, and Economic Impacts

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  • Pachankis, Yang

Abstract

The research accesses waste management in the low-earth orbit and geosynchronous earth orbit. It identifies and acknowledges the primary organizational entities affiliated with the Communist Parties have been behind the waste generation. With the global mercantilist ambitions of the primary entities organizationally infiltrated the global market economy, the assessment is incorporated with strategic analysis on organizational behaviors and game theory in global political economy. Military-civil relations in the commercialization of outer space are discussed with the commons at stake in the space wastes. With some analysis on the existing solutions, the assessment proposes a fast-neutron-field induced method in quantitatively eliminating space debris smaller than 1 centimeter above the earth’s atmospheric plasma. Political economy under current multilateral frameworks is discussed for the complexities of the issues. The assessment results with a) engineering solutions exist; b) loss of legitimacy of the United Nations system is one of the root problems; c) buyers’ market exists for solutions without current resolutions in multilateral political economy.

Suggested Citation

  • Pachankis, Yang, 2022. "Assessment of Space Junks — Organizational Origins, Current Status, and Economic Impacts," MPRA Paper 115688, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:115688
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    File URL: https://mpra.ub.uni-muenchen.de/115688/1/MPRA_paper_115688.pdf
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    References listed on IDEAS

    as
    1. Pachankis, Yang, 2022. "Shift Balance of Centralized Banking System — Saving Democracy from Populism," MPRA Paper 115606, University Library of Munich, Germany.
    2. Alexander W. Salter & Peter T. Leeson, 2014. "Celestial Anarchy: A Threat to Outer Space Commerce?," Cato Journal, Cato Journal, Cato Institute, vol. 34(3), pages 581-596, Fall.
    3. Peter J Phillips & Gabriela Pohl, 2021. "Space Junk: Behavioural Economics and the Prioritisation of Solutions," Defence and Peace Economics, Taylor & Francis Journals, vol. 32(8), pages 956-971, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Space Debris; Incentive Analysis; Orbital Wastes; Space Wastes; Spontaneous Fission; Irrational Behavior Econom- ics; Hegemonic Legitimacy; Celestial Anarchy; Value Investment;
    All these keywords.

    JEL classification:

    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • P37 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Legal
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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