Why is everything so expensive in Brazil? I’m Brazilian and lived there most of my life and back then I quite never understood why until I came across this article by the Economist and it all make sense: high taxation combined with a lack of competitiveness. The Brazilian Real has been in a free-fall for … Continue reading
Russia has overtaken the United States and China in terms of manufacturing competitiveness helped by a fall in oil prices and the country’s currency, according to a report by the Boston Consulting Group (BCG). The report from BCG evaluates the competitiveness of the world’s top 25 export economies, which account for nearly 90 percent of world exports … Continue reading