Japan from the inside out

The positive impact of McDonald’s on East Asia

Posted by ampontan on Sunday, May 11, 2008

DON BOUDREAUX at the site Cafe Hayek presents this post quoting a paper by Adrian E. Tschoegl describing the positive impact of McDonald’s restaurants in Hong Kong, China, South Korea, and The Philippines.

They didn’t cite the negative impact–terrible food–but it’s worth readng the points Mr. Tschoegel makes. (I had to laugh at the improvement cited for South Korea.)

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