Global Markets

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August 31, 2024 5 min read Definitions
Big Mac Index: Understanding Exchange Rate and Purchasing Power Parity
Economics Finance Global Markets Exchange Rates Purchasing Power Parity Inflation Currency Valuation Economic Indicators
An in-depth exploration of the Big Mac Index, a light-hearted yet informative tool introduced by The Economist to measure purchasing power parity and assess the real value of currencies.
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August 31, 2024 3 min read Definitions
BRIC: Emerging Economies of Brazil, Russia, India, and China
Economics Finance Global Markets BRIC Emerging Markets Economic Growth BRIC Funds Global Economy
BRIC refers to the economies of Brazil, Russia, India, and China, which experienced rapid growth in the 2000s and are predicted to overtake many Western economies by 2050. Variations of this concept include BRICET and BRIMC.
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August 31, 2024 4 min read Definitions
Flexible Exchange Rate: Dynamics of Currency Valuation
Economics Finance Global Markets Flexible Exchange Rate Floating Exchange Rate Currency Valuation Forex Global Economics
An in-depth exploration of the flexible exchange rate system, its historical context, mechanisms, importance, and applicability in global economics.
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