Posts Tagged ‘developing nations’

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    What If More People Wore Eyeglasses?

    Jun 10, 12 • 346 Views • No Comments

    We could say that eyeglasses are like bookends when they relate to economic growth. Our story starts during the 13th century. Before the spread of eyeglasses, the work life of skilled craftsmen usually ended when they could no longer see close objects...  [read more]

  • Our Transportation Infrastructure is Crumbling

    Cars and the Middle Class in Developing Nations

    May 26, 12 • 363 Views • No Comments

    What does it mean to be middle class? For a developing nation like China, income might be the key. If someone earns between $10 and $50 a day, then that person is middle class. Or perhaps you just need to be able to buy a tall macchiato at a Starbucks or a...  [read more]

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    Population Futures

    Feb 13, 12 • 325 Views • No Comments

    Imagine for a moment 3 groups of countries, each with a different population pyramid. The first has a huge bulge at the bottom, the second is wider in the middle and the third is relatively broad at top. If this represents the world in 2025, what can we...  [read more]

  • texting is 20 years old

    Sweatshop Dilemmas

    Jan 12, 12 • 439 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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    Comparing Central Banks

    Apr 9, 11 • 323 Views • No Comments

    Perhaps we can divide the world between inflation fighters and recession fighters. Right now, most of the inflation fighters are in the developing world. In Brazil, Russia, India and China (the BRICs), more expensive food and energy and growing demand are...  [read more]