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Monthly Archives: August 2010
Lebanon, Beirut – Cost of Living
The economy of Lebanon is charaterised by remittances from Lebanese abroad which account for one fifth of the country’s economy. The thriving tourism and banking activities have made the services sector the most important part of the Lebanese economy employing … Continue reading
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Tagged Beirut, cost of living, Lebanon
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Asia-Pacific Cost of Living – 2010
Asia-Pacific has the top 2, most expensive cities in the world, as at 1 July 2010. Tokyo is first and Hong Kong the second most expensive location in the world (and most expensive in greater China), whilst Sydney is the … Continue reading
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Tagged 2010, cost of living, global, index, international, july, rank, world
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Latvia, Riga – Cost of Living
The economy of Latvia was until the middle of 2008 the fastest growing economy in Europe. It has had high GDP growth since 2000. In 2003, GDP growth was 7.5% and inflation was 2.9%. Unemployment was 8.8% in 2003, almost … Continue reading
Laos, Vientiane – Cost of Living
The economy of Laos is heavily dependent on investment and trade with its neighbors, Thailand, Vietnam, and, especially in the north, China. Much of the country lacks adequate infrastructure. Subsistence agriculture still accounts for half of the GDP and provides … Continue reading
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Tagged cost of living, Laos, Vientiane
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Kyrgyzstan, Bishkek – Cost of Living
The economy of Kyrgyzstan was severely affected by the collapse of the Soviet trading block. Despite the backing of major Western lenders, including the International Monetary Fund (IMF), the World Bank and the Asian Development Bank, Kyrgyzstan has had economic … Continue reading
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Tagged Bishkek, cost of living, Kyrgyzstan
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Why are Expatriates paid differently to local people?
Most countries have a two tier Pay Market. The two distinct pay markets are typically an Expatriate Market and a Local Market. The Expatriate Market is largely determined by the origin of each Expatriate. It is quite normal to … Continue reading
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Tagged expat, expatriate, local, pay
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Kuwait, Kuwait City – Cost of Living
The economy of Kuwait is a small, relatively open economy with proven crude oil reserves of about 96 billion barrels, i.e. about 10% of world reserves. Petroleum accounts for nearly half of GDP, 90% of export revenues, and 95% of … Continue reading
Posted in Kuwait City Cost of Living
Tagged cost of living, Kuwait, Kuwait City
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Asia-Pacific Cost of Living – 2010
Asia-Pacific has the top 2, most expensive cities in the world as at 1 July 2010. Tokyo is first and Hong Kong the second most expensive location in the world (and most expensive in greater China), whilst Sydney is the … Continue reading
Posted in Uncategorized
Tagged 2010, cost of living, global, index, international, july, rank, world
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Kosovo, Pristina – Cost of Living
The economy of Kosovo is one of the poorest in Europe. Despite substantial development subsidies Kosovo was the poorest province of the former Yugoslavia. Over the course of the 1990s, poor economic policies, international sanctions, weak access to external trade … Continue reading
Korea Republic of, Seoul – Cost of Living
The economy of South Korea is a developed, largely free-market economy that is the fourth largest in Asia and 15th largest in the world. An extremely competitive education system and a highly skilled and motivated workforce are two key factors … Continue reading
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Tagged cost of living, Korea Republic of, Seoul
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Expatriate International Cost of Living 