Monday, December 22, 2014
Wednesday, December 3, 2014
A BRIC Nation Ready to Launch: Insights on the Labor Market and Business Climate in Brazil from My MBA In-Residence Trip
By Dan Alldridge
Traveling to Brazil with my online MBA classmates through Kelley Direct’s AGILE course was a great experience. It was a unique opportunity to learn about an emerging market that could not be replicated in the classroom.
I was immersed in the whole country - learning the Brazilian culture through its, business environment, economy, and politics. During my trip, I was able to observe business politics during the lull between presidential election votes. The business leaders in Brazil all noted their concerned about the negative effects to the economy if President Dilma Rouseff were re-elected. These fears came to fruition on 27-October, the day following President Rouseff’s re-election, the market fluctuated drastically ending 3% down and the Brazilian real weakened even further.