Posts Tagged ‘lagging infrastructure’

  • Everyday economics and Shake Shack

    Emerging Markets: Brazil’s Big Mac

    Jul 2, 13 • 584 Views • No Comments

    The price of a Big Mac can explain some of Brazil’s problems. But first, I wanted to share some insight about Brazil from financial writer James Surowiecki. In emerging markets like Brazil’s, the problems start when GDP rises, people earn more and......  [read more]