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.

  • Audi India's car horns are loud and very durable.

    India’s Car Horns

    Oct 7, 12 • 609 Views • No Comments

    Standing near a busy intersection in Calcutta, you would hear a horn honk every 3 seconds. Or, as one Audi India executive explained, “With the amount of honking in Mumbai, we do on a daily basis what an average German does on an annual basis.” As......  [read more]

  • Henry Ford's Model-T

    Cars For the Masses

    Oct 4, 12 • 663 Views • No Comments

    How to produce a car for the masses? Long ago, Henry Ford had it figured out and now Nissan will try it again in emerging markets. The Nissan story fascinated me because of what it represents. A car is aspirational. It is a step into the middle class. Making......  [read more]

  • Looming Worldwide Pig Shortage

    Pork Problems

    Sep 28, 12 • 577 Views • No Comments

    Announcing the cancellation of this year’s bacon eating contest, Major League Eating (“the world body that governs all stomach-centric sports’) said,  “We cannot, in good conscience, allow [top ranked eater] Joey Chestnut to eat bacon......  [read more]

  • Chinese Consumers and Fresh Apples

    Fresh Apple Demand

    Sep 27, 12 • 729 Views • No Comments

    Again we connect to China with an apple but this time it’s the fruit. As incomes rise, so too has fresh fruit consumption in China. In addition to buying pork and owning dogs, consuming pecans and carrying Coach purses, an increasingly affluent Chinese......  [read more]

  • US Chicken Paw Exports to China

    Playing Chicken With China?

    Sep 19, 12 • 985 Views • No Comments

    Yesterday’s headlines about the US taking China to the World Trade Organization (WTO) for unfair auto and auto parts subsidies took me to chicken feet and The Economist’s Sinodependency Index. Knowing the major firms that depend on China for......  [read more]