Monthly Archives: August 2010

Micronesia, Palikir – Cost of Living

The economy of the Federated States of Micronesia consists primarily of subsistence farming and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remoteness of the location … Continue reading

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Mexico, Mexico City – Cost of Living

The economy of Mexico is the 11th largest in the world and is a free market mixed economy, and is firmly established as an upper middle-income country The economy contains rapidly developing modern industrial and service sectors, with increasing private … Continue reading

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Mauritius, Port Louis – Cost of Living

The economy of Mauritius is a middle-income diversified economy with growing industrial, financial, and tourist sectors. Port Louis is the capital of Mauritius. It is the largest city of the country and main port. The economy of Port Louis is … Continue reading

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Expatriate Engagement

Engagement is a fairly recent term in business. In the past the talk was about “attracting, motivating and retaining” expatriate employees. All three strategies focused primarily on money. A competitive salary that takes into account the relative cost of living, … Continue reading

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Mauritania, Nouakchott – Cost of Living

The economy of Mauritania still depends on agriculture and livestock for the majority of the population, even though most of the nomads and many subsistence farmers were forced into the cities by recurrent droughts in the 1970s and 1980s. Mauritania … Continue reading

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Martinique, Fort-de-France – Cost of Living

The economy is based on trade. Agriculture accounts for about 6% of GDP and the small industrial sector for 11%. Tourism has become more important than agricultural exports as a source of foreign exchange. The majority of the work force … Continue reading

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Marshall Islands, Majuro – Cost of Living

The government of the Marshall Islands is the largest employer, employing 30.6% of the work force. Direct U.S. aid accounted for 60% of the Marshalls’ $90 million budget. Majuro is the capital and largest city of the Republic of the … Continue reading

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Mali, Bamako – Cost of Living

The Economy of Mali is based to a large extent on agriculture, with an overwhelmingly rural population, many of whom are engaged in subsistence agriculture. Mali is among the ten poorest nations of the world, is one of the 37 … Continue reading

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Maldives, Male – Cost of Living

The mixed economy of the Maldives is based on the principal activities of tourism, fishing and shipping. Male is the capital and largest city (in terms of population) in the Republic of Maldives. The central part of the Male city … Continue reading

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Malta, Velletta – Cost of Living

The economy of Malta’s strengths are its limestone, a favourable geographic location, and a productive labour force. Malta produces only about 20% of its food needs, has limited freshwater supplies, and has no domestic energy sources. The economy is dependent … Continue reading

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