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.

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    How Do You Disconnect the Internet?

    Feb 13, 11 • 252 Views • No Comments

    As a Vodafone New Zealand customer, events in Egypt directed affected you. With a Cairo based call center that had to be closed, Vodafone said that people needing assistance waited 7 or 8 minutes for service that was directed elsewhere. According to The New...  [read more]

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    Happy Rice Farmers

    Feb 8, 11 • 305 Views • No Comments

    With a typical Egyptian household spending 38.3% of its budget on food in 2008, you can see why soaring food prices could fuel turmoil. But what about the other side? For Senegal farmer and trader, Ndeye Sarr Diop, rising rice prices were an opportunity. The...  [read more]

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    A Race Between Supply and Demand

    Feb 7, 11 • 293 Views • No Comments

    In a wonderful Chip Bok cartoon, a child starts by asking, “Why are gas prices so high?” and is told, “Turmoil in the Mid East.” Then, asking about the turmoil, he is told the source is “High Food Prices.” The reason for...  [read more]

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    Military Business

    Feb 5, 11 • 282 Views • No Comments

    Choosing between “guns and butter” (or missiles and margarine), national leaders think of the military for guns and the private sector for “butter.” Not Egypt, though. As far back as the 1970s, when peace with Israel meant less to do...  [read more]

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    Getting the Most From Our Money

    Feb 3, 11 • 248 Views • No Comments

    In 2020, according to the World Health Organization, traffic fatalities will be the second leading cause of deaths in the world. Moreover, in the U.S. alone, approximately 57 million birds are killed by cars annually. (from Cool It, p. 154) So, asks Bjorn...  [read more]