Gringos (Portuguese slang for foreigners) still have strong stereotypes about Brazilian people. The three most common may still be: great footballers, samba dancers, and beautiful women. The average Brazilian is perceived as someone very attractive, easygoing, and who loves to party. In short: friendly people who mix everyday reality with joy. This advertisement by Victoria’s SecretContinue reading “Sex Tourism in Brazil”
Category Archives: Life
Emerging market’s spending trends – the Credit Suisse consumer survey
Spending trends in emerging markets were the object of a survey recently conducted by the Credit Suisse Research Institute in collaboration with global market research firm AC Nielsen. The survey explores the spending profiles of consumers within Brazil, Russia, India, China, Egypt, Indonesia and Saudi Arabia. Highlights about Brazil Brazilian consumers rank as the most optimistic:Continue reading “Emerging market’s spending trends – the Credit Suisse consumer survey”
BRIC Innovation
The Economist’s coverage of innovation in emerging markets suggests that innovative BRIC companies are sharing information between themselves – completely circumventing the economic systems of the Rich World. “Smoothly managed China is very different from chaotic India. Brazilians have a much higher standard of living than Indians. Plenty of emerging-market companies are flourishing without eitherContinue reading “BRIC Innovation”
Have yourself a Merry little Christmas
Peace, Joy, Grace
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”
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