Whether looking at chicken paws or hog hooves, U.S. and China food tastes have worked well together until U.S. and Chinese tariffs have upset the benefits of the relationships.…
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.
Why U.S. Winemakers Can’t Fight the Trade War That the President Uncorked
While facts about China’s wine imports from the U.S. are somewhat surprising, still the impact of a tariff war is predictable.…
A 2018 Update: The World’s Top and Bottom Laissez-Faire Countries
The Index of Economic Freedom is a handy source of data for judging whether or not a government has a laissez-faire philosophy.…
Why We Have More Bananas
Customized container ship refrigeration has made it possible for our fruit imports to include many more bananas, limes, mangoes, and berries.…
Why It’s Tough for OPEC to Fight the Frackers
The OPEC nations are having a tough time deciding what oil price to target because it all depends on how U.S. shale oil producers will respond.…
What Brexit Will Do to the EU Budget
About more than the U.K., Brexit also creates EU budget problems because of the 10 to 12 billion euros that the British will no longer give annually.…
The Mystery of the STEM Paradox
Identifying the countries where women are more likely to select STEM (science, technology, engineering, math), scholars had some surprises.…
What You Might Not Know About a Toilet Paper Shortage
For insight about why Taiwan’s toilet paper shortage has created a panic, we just need to look at changes in supply and demand.…
What a High Social Score Can Get You in China
In 2020, China will have implemented a social score program that will use behavioral inputs to decide which goods and services residents can access.…
Why Valentine’s Roses Bloom in Colombia
Most of our Valentine’s roses come from Colombia because of the U.S. government, the perfect combination of land, labor and capital, and Walmart.…