Sep 18, 13 •
569 Views •
Demand, Supply, and Markets, Developing Economies, Economic Growth, Economic History, International Trade and Finance, Macroeconomic Measurement, Uncategorized •
Elaine Schwartz •
For many of us, becoming more affluent first means more meat and then maybe a washing machine. Imagine a spending ladder in emerging market nations like the BRICs–Brazil, Russia, India, China. At each rung, spending surges and then flattens at that
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