Opinion If you want to know where the world economy is headed, look at the bottom of this toy car

By
January 31, 2024 at 9:54 a.m. EST
(Video: AJ Chavar for The Washington Post)
5 min

Erwin R. Tiongson is a professor of the practice in Georgetown University’s Global Human Development Program.

What if I said you could read real-world history on the underside of your kids’ Hot Wheels?

In my Philippine childhood in the 1970s, my brother Hector and I played with die-cast toy cars. I remember the first time I looked at the underside of these cars, soon after I had learned to read, and realized they had been made in different countries in different years. Some were made in the United Kingdom and the United States; the newer ones were made in Japan. Decades later, as my work as an economist brought my family to the United States, my two children got toy cars nearly identical to mine — first made in China and, later, Vietnam.

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