Brazil – Page 40 – BRAZILGLOBAL.NET

The Big Mac index

The Economist’s Big Mac Index shows that a burger is undervalued in China, but overvalued in Brazil. “Since 14.5 yuan can buy as much burger as $3.71, a yuan should be worth $0.26 on the foreign-exchange market. In fact, it costs just $0.15, suggesting that it is undervalued by about 40%. The tensions caused byContinue reading “The Big Mac index”

Brazil’s Bolsa Familia

The Economist covers the Brazilian bolsa familia anti-poverty program which has been copied elsewhere, and may have lead to some development of an emerging markets middle class. “Brazil has made huge strides in poverty reduction and the programme has played a big part. According to the Fundaçao Getulio Vargas (FGV), a university, the number ofContinue reading “Brazil’s Bolsa Familia”

The New Middle Class in Emerging Markets: Burgeoning Buergeoisie

Articles on the middle class in emerging markets make me believe that the recent violence leading to better security in Rio de Janeiro is long-term bullish for Brazil and Emerging Markets; phases of counterinsurgency in Iraq or Afghanistan could be useful comparison — much, much less violence was seen in Brazil, though pictures of rocketContinue reading “The New Middle Class in Emerging Markets: Burgeoning Buergeoisie”

Security in Brazil: A Magic Moment for the city of God

The Economist notes that better security in favelas is leading to economic development for the middle class in the emerging markets. The specifics of the policing parallel what the Americans call counterinsurgency (COIN), as applied widely in Iraq and Afghanistan, especially with community policing. “THANKS to a film (“City of God”) made in 2002, CidadeContinue reading “Security in Brazil: A Magic Moment for the city of God”

Global Monetary System

In a survey of the global monetary system, The Economist notes that the increased taxes that Brazil and other emerging states have used to slow capital inflows have been endorsed by the IMF (International Monetary Fund). “For the past decade emerging economies have responded to these surges largely by amassing reserves. They need other options.Continue reading “Global Monetary System”