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.

  • 16068_12.15_000013835769XSmall

    Big Boxes

    Dec 15, 10 • 254 Views • No Comments

    What we ship things in makes a difference. Take the banana, for example. In 1876, at the Philadelphia Centennial Exposition, the banana was a delicacy (and very black). Millions of bunches could only be sent to U.S. shores if they were refrigerated. By 1901,...  [read more]

  • 16066_12.14_000005316218XSmall

    Supership Problems

    Dec 14, 10 • 267 Views • No Comments

    When is a supership a problem? When the water is not deep enough or the Bayonne Bridge is not high enough. To understand the Bayonne Bridge problem (and care about the answer), we have to look back to August 1914 and then ahead to August 2014. The Panama...  [read more]

  • 16064_12.13_000010427766XSmall

    A Savings Lottery

    Dec 13, 10 • 261 Views • 1 Comment

    Assume you have 3 extra dollars each day. Would you use it for a lottery ticket or a savings account? Most people would select the lottery ticket. Economists, though, hoping to elevate our nation’s savings rate, would like to encourage the banking...  [read more]

  • 16060_12.11_000010906726XSmall

    A Different Kind of Currency Crisis

    Dec 12, 10 • 255 Views • No Comments

    Our story begins with the United States announcing that it would be issuing a state-of-the-art new $100 bill. Designed to thwart counterfeiters, the new bill has 3-D interactive features. Move the bill and certain shapes and colors shift. The bill, though,...  [read more]

  • 16056_12.9_000011198576XSmall

    A Rule About Gold

    Dec 9, 10 • 248 Views • No Comments

    Yes, gold is a part of Dodd-Frank financial regulation but not exactly the way you would expect. Dodd-Frank says that businesses have to tell the SEC if the gold, tin, tantalum, and tungsten (the 3 Ts) in their supply chain provide income to rebels in eastern...  [read more]