From a situation where there was a sensible restriction on overseas players, county cricket became flooded with largely cheap cricketers from South Africa in particular, but also Zimbabwe and a number of Caribbean islands, all part of the African,Caribbean and Pacific (ACP) group of states.
Last year's budget was about $4.1 million, somewhat more than it sounds, as it was spent largely on cheaper Russian products and salaries.
While the increase is driven largely by cheaper airfare, increased flight connectivity and a strong Australian dollar, it also appears to be helped by an influx of young professionals seeking opportunities overseas.
In recent years prices of capital goods have fallen sharply relative to prices of other goods and services, thanks largely to cheaper computers, so companies are able to achieve the desired level of real investment for a smaller outlay.
In St. Lucia, export revenue from bananas plunged from US$46 million in 1996 to US$22 million in 2002, largely because cheaper bananas from Central America flooded world markets during that same period.
The fabrics, largely, were cheap, too.
But China's growth, and growing global political and economic dominance, is based largely on cheap coal.
Now, he is playing down wind because he says it has become almost impossible to finance a wind project, largely because cheap gas has made wind power less competitive.
During the fourth quarter of last year, the Carnival Corporation's profits dropped 40percentt from those of the same period the year before, a drop that it attributed largely to cheap fares.
The forces behind the long tail are largely technological: cheap computer hardware, which reduces the cost of making and storing information products; ubiquitous broadband, which cuts the cost of distribution; and elaborate "filters," such as search engines, blogs, and online reviews, which help to match supply and demand.
