Samba effect

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Samba effect is an economic term referring to the 35% fall in the Brazilian real in the 1990s. This caused an increase to tourism in Brazil, especially the beaches, and also made many locals cancel their vacations to international beaches opting to go somewhere local.

[edit] See also

[edit] External links

  • Bearing the Burden, Institute for Policy Studies (April 2000) accessed at [1] March 30, 2007 - see p.12 Brazil: Origin of the "Samba effect"