How many Big Macs can be bought with each country's highest bill? A way to see inflation effects in Argentina's economy

How many Big Macs can be bought with each country's highest bill? A way to see inflation effects in Argentina's economy

Organisation: El Destape (Argentina)

Publication Date: 04/07/2015

Applicant(s)

Description

I took the original Big Mac index and adapted the idea to show the effects of one of the biggest economic problems in my country: inflation. To accomplish my goal I looked up the highest denomination bills in 53 countries and converted them to US dollars. Then I took the Big Mac prices in the same countries and saw how many could be bought with these large bills. For the presentation, I showed these information in a map for the readers to see that Argentina is in the bottom of the list, with only 3 big macs bought with the 100 pesos bill, even when the goverment froze the price to get good results in the Big Mac index elaborated by The Economist. Mercedes D'Alessandro, economist, started the idea and talked about it in her twitter account. After asking her for authorization to extend the work, I did the research and visualization by myself as showed in the final piece.

Technologies used for this project:

Tableau Public.

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