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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    Breaking An Environmental Law

    Jan 21, 12 • 605 Views • No Comments

    Asked by the Pew Center for the People and the Press to rank 21 issues in terms of their significance, global warming was #21. Similarly pessimistic about climate change initiatives, one researcher asked, “How can one seriously suggest that the village......  [read more]

  • 19th Century Urban Transport Was An Environmental Problem

    An Environmental Law

    Jan 20, 12 • 433 Views • No Comments

    Asked if they want lower gasoline taxes that make more driving affordable, people typically say, “Yes.” Told that the only electricity for a village in India is from coal-fired plants, most people will say it’s okay. When making decisions......  [read more]

  • India's UID Program Uses Fingerprints and Iris Scans

    Identity Checks

    Jan 19, 12 • 523 Views • No Comments

    Opening a savings account? You need to confirm your identity. Enrolling for Social Security or Medicare? They check your credentials. But what if you cannot prove who you are? Signing up for India’s Unique Identity (UID) program has enabled many......  [read more]

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    Sweatshop Dilemmas

    Jan 12, 12 • 1018 Views • No Comments

    Is it okay to have sweatshops in developing nations? NY Times writer Nicholas Kristof, and Nobel prize winning economists Paul Krugman and Milton Friedman have all said, “Yes.” Kristof points out that the parents of children scavenging in a......  [read more]

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    Slippery Subsidies

    Jan 11, 12 • 419 Views • No Comments

    By Mira Korber, guest blogger, Kent Place School alumna, Yale student, and recent traveler to Buenos Aires, Argentina.  Venture down any avenue in Buenos Aires and you will certainly see tremendous lines coiling around the sidewalks as daily commuters......  [read more]