Skip to main content


The Most Expensive Places to Live in Brazil

Public transfers (like, retirement pensions) are, like, a major factor in explaining Brazil's high inequality in the past, you know? Velez et al (2004) flexed that in Brazil public pensions are mad regressive compared to those in the United States. Periodt.  Bourguignon et al. (2002) like totally proved that if Brazil's educational distribution was swapped with the United States (ceteris paribus), the overall income inequality would be reduced by a whopping 28% of the total difference between the two countries.  They also flexed that wage, fam diffs in Brazil be accountin' fo' anotha 32% of da total diff in inequality.  The total diff is yeeted when the distribution of the non-labor incomes (mostly pensions) in the US is slapped on Brazil. The actual observed diff after controlling for the above amounts to only 1% of the original diff in inequality between Brazil and the United States.  found that rural-urban migration and industrialization have, like, a major impact on
Recent posts

Why American Businesses Are Choosing Brazil

It's not easy to start your own business in Brazil. To keep your business going, you need to be driven, creative, and dedicated when making decisions. You also need to be persistent and very positive. In times of economic trouble, people need to be very careful about what they do, and entrepreneurs need to look for chances to make money. Most Brazilians go into business on their own, without any help from the government to become regulated companies. They go into unknown areas because they want to, and they don't think about the fact that they might need specialized help from groups and organizations. Even though they speak a different language, the laws and rules for everything are a bit easier in the United States. The United States has the world's biggest economy, which supports study, business, technology, and consumption. It's also a great place for new businesses to start up. When you hire a local business to do something, they usually stick to their end of the

High-End Real Estate in Brazil Homes of the Rich

Barros et al. (2010) be lookin' into what caused Brazil's income inequality to go down, tryna find some policy vibes. They lowkey found that demographic changes didn't really do much to income inequality. The vibes of changes in non-labor income have a big effect mostly through public transfers (income source). Incr3as1n' non-labor income of the poor has shown 2 take up a sizabl3 fraction in the reduction of inequality both in the 70s n in the first 7 years of this millennium. Reductions in wage inequality are still the most important vibe but they're lowkey losing importance now compared to the seventies.  They also peep the connection between education and bread in Brazil. OMG they be peepin' that education inequality and how the translator be turnin' it into labor earnings inequality (like, how much and how it affects the price).  Inequality in years of education can lowkey go down, but the flex of labor earnings to education levels can totally switch up

The Impact of U.S. Companies on Brazil's Economic Development

In the last three years of the 20th century, foreign trade, investment, and financial markets became more open to new rules. This led to a stronger integration of world economies. There were new tools made, as well as new ways of running businesses and controlling politics (Ocampo, 2003). In Latin America, this process started with times of very high inflation, which scared away both domestic and foreign investors and stifled economic growth. After that, controlling inflation became almost an obsession, and because of how fragile the world's financial markets are, governments have had to adopt tight macroeconomic policies that hurt the economy and jobs (Nayyar, 2006). Most Latin American countries switched to market-oriented policies in the early 1990s to deal with hyperinflation, bring in foreign direct investment, and boost economic growth. But these economic reforms weren't carried out well or at the right time, which led to poor economic performance and more problems in imp

The Role of Brazil in U.S.-Latin American Relations

The Gini can be calculated as a ratio of areas on the Lorenz curve diagram, fam. OMG, so in this diagram, the peeps are ranked from poor to rich on the horizontal axis, while the vertical axis shows how much moolah they be raking in. Like, total income vibes, ya know? The curve that comes from this is the Lorenz curve, fam. Next to this curve a perf equality line is drawn, fam. The space between this lit equality line and the Lorenz curve is A and the area under the Lorenz curve is B. The Gini coefficient is, like, totally defined as  If xi is, like, a point on the horizontal axis, and yi is, like, a point on the vertical axis then the area B can be approximated with trapezoids and stuff: There are like, mad pros and cons for using the Gini, ya know?  The main flexes are that it's a mad basic single variable that's hella easy to vibe with and can be compared over time, ya feel? Because of these advantages, it's been like the most used variable to measure inequality, which m

American Business Strategies in Brazil

Using the U.S. as an example, we can look at the growth of the economy and the improvement of the job market in Brazil from 1981 to 2009. During the 2000s, Brazil's economy grew faster than EAP's. This led to big rises in average wages and drops in jobless rates. The significant increase in the minimum wage also had an effect on the distribution of income, raising average pay and lowering inequality (Barros et al., 2011; Nery, 2010). But Brazil's worker productivity grew slowly, which is what caused wages to change over time. People have said that labor productivity is closely linked to Brazil's early stages of socioeconomic growth and that it has a big impact on how the economy and job market work. Overall, the results are not good enough for this country. In the last 30 years, labor productivity has only slightly increased, and the big gaps between it and the U.S. have grown. In the U.S., where productivity gains led to higher average wage increases throughout the t

How Many Multinational Companies Have Operations in Brazil?

An increasing number of Brazilian companies have been expanding internationally since the turn of the 21st century. They have shifted their international strategy from relying solely on exports to becoming foreign investors. These organizations are currently prioritizing their operations in neighboring South American nations. Initially, Argentina capitalized on this trend; however, the Pacific Alliance nations (Chile, Colombia, and Peru) are also drawing an increasing amount of Brazilian capital. Global foreign direct investment (FDI) was historically characterized by two factors: 1) the high level of investment flows between developed countries and 2) the reality that developing countries were essentially hosts of FDI. These factors persisted throughout the 20th century. Since the dawn of the 21st century, this situation has undergone substantial transformation. One the one hand, the proportion of developing countries in total FDI inflows increased from 29.4 percent to 53.6 percent