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.

  • 16382_5.28_000006090065XSmall

    Trade Deals

    May 21, 11 • 330 Views • No Comments

    What if Mr. Jones, an assembly line worker, lost his job because of low cost imports? And, what if Mrs. Smith, a travel agent, also is unemployed but the reason is online firms like Expedia?  Princeton economist Uwe Reinhardt asks us why Congress is......  [read more]

  • 16380_5.20_000014886737XSmall-1

    Population Pyramids

    May 20, 11 • 436 Views • No Comments

    These graphics are wonderful! Shaped sort of like a triangle because the elderly population is so small, this population pyramid for Egypt illustrates a youth bulge of men and women who are 15 to 29. The “bulge” represents 28% of the......  [read more]

  • 16366_4.26_000006278830XSmall

    89.7 Sextillion Percent Inflation

    May 12, 11 • 465 Views • No Comments

    Imagine a country where supermarket employees have to raise their prices several times a day, maybe by placing one price sticker on top of the old one. Describing Brazilian inflation during the early 1990s, one woman said she raced to food markets to see if......  [read more]

  • 16364_5.11_000016185560XSmall

    Brand Matters

    May 11, 11 • 366 Views • No Comments

    Not so long ago, an apple was just a piece of fruit and a “google’ (actually spelled googol) was 10 raised to the 100th power. Mention apple today and most of us think of iPhones and iMacs. However, Apple is not just a technology company. As with......  [read more]

  • 16354_5.6_000015195223XSmall

    The Story of a Candle Tax

    May 6, 11 • 884 Views • No Comments

    Our story begins with one 1986 tax, an “antidumping duty,” on Chinese candles. Responding to very low Chinese candle prices, the U.S. decided to protect domestic candle producers. By 2004, the tax was huge. More than 100%.  Also, candle......  [read more]