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.

A Lot For a Latte?

We can get the most latte for our loot in Cairo. At the equivalent of $1.53, a Cairo tall latte is close to one-half the $3.45 price of one in the U.S. On the other hand, a tall latte in Zurich would …

The Travels of a Cashew

We seem to be going nuts for cashews. You can see below that the U.S. and India are eating the most. We like our nuts as a snack, in protein bars and as cashew milk. In India, a growing middle class c…

Why China is Eating More Cranberries

For China, becoming a middle income country is about more than per capita income. It is also about cranberries. Chinese Cranberry Consumption In 2013, most Chinese consumers had not heard of the cranb…

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