Developing Economies

Developing economies are countries that display the earlier stages of a market system. Including China, India, the Philippines, they have fast growth rates and are helping propel the world economy. Because each one is different, econlife looks at examples of their businesses, consumers and governments.

  • Laos

    Laotian Investing

    Nov 14, 12 • 562 Views • No Comments

    Laos has a new stock market. Launched during January 2011, on its opening day, the Laotian Securities Exchange listed 2 state-owned businesses, a bank and a power company. News reports indicated that investor interest in their securities was considerable and......  [read more]

  • Beer and pretzels.

    Beer Economics

    Nov 8, 12 • 1467 Views • No Comments

    In China, 1/2 liter of beer costs 9 minutes of work. To calculate how many minutes of work it takes to buy beer in 150 countries, Swiss bank UBS researchers divided the median wage in that country by the price of 1/2 liter from a retailer. Their results?......  [read more]

  • How much should cities plan for the storm of the century?

    A Ripple of Problems From Hurricane Sandy

    Nov 1, 12 • 571 Views • No Comments

    Reading economist Arnold Kling’s explanation of why it will take a very long time to return to normal from Hurricane Sandy, I kept thinking of my own NJ disaster devastated neighborhood with downed trees on roads covered with branches, leaves and wires.......  [read more]

  • The Impact of Natural Disasters Relates to Economic Vulnerability

    The Economics of Natural Disasters

    Oct 31, 12 • 1694 Views • No Comments

    With Hurricane Sandy having just blown through my NJ neighborhood, our streets are covered with wires, leaves, branches and several huge trees. During the storm, Consolidated Edison darkened large swaths of NYC and the New York Stock Exchange suspended......  [read more]

  • Unless We Look More Closely at Women in the Global Labor Force, We See Only the Tip of the Iceberg.

    Empowering One Billion Women

    Oct 25, 12 • 1834 Views • No Comments

    Name a nation. No matter which country you choose, you probably would see that women are underemployed. And still then, you would be looking only at the tip of the iceberg. Female labor force underutilization relates to a host of facts about a society that......  [read more]