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.

  • U.S. Jobs and China

    Sep 30, 11 • 356 Views • No Comments

    http://irps.ucsd.edu/assets/001/501361.pdf “The China Syndrome” The Economic Lesson  ......  [read more]

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    Oil Worries?

    Sep 19, 11 • 396 Views • No Comments

    Have you ever heard of Hubbert’s Peak?  No, it is not a mountain. Hubbert’s Peak refers to our oil supply. In 1956, Marion King Hubbert warned us that U.S. oil production would peak within 15 years. And, the only direction after the peak is......  [read more]

  • China’s High Speed

    Sep 18, 11 • 445 Views • No Comments

    China Railways: “organ” of the state; source of tickets 820 miles JingHu Line (Beijing Shanghai) http://www.vanityfair.com/business/features/2011/10/china-......  [read more]

  • The Per Capital Dog Population Is An Economic Indicator

    Pooches and Prosperity

    Sep 18, 11 • 416 Views • No Comments

    In Latin America, with Brazil #1, being middle class means owning a dog. According to the Economist, more dogs mean more pet food, “knick-knacks,” and veterinary care. Based on pet food sales, the Latin American dog to cat ratio is 6 to 1. (In......  [read more]

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    Healthcare and Baumol’s Disease

    Sep 11, 11 • 498 Views • 1 Comment

    Asked why healthcare is relatively expensive while cell phones are not, you could answer, “Baumol’s Disease.” Described by New Yorker columnist James Surowiecki, to play Mozart’s String Quartet in G minor in 1787 and now, we need 2......  [read more]