Monthly Archives: September 2010

How to Calculate an International Cost of Living Allowance

A Cost of Living Allowance (COLA) is a salary supplement paid to employees to cover differences in the cost of living, particularly as a result of an international assignment. The amount of COLA should enable an expatriate to be able … Continue reading

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France, Lyon – Cost of Living

The economy of France is a mixed economy which is the fifth largest economy in the world, by measurement of GDP (nominal), behind the United States, Japan, China and Germany. It is the second largest economy in Europe.   Lyon … Continue reading

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Cook Islands, Avarua – Cost of Living

The Economy of the Cook Islands is isolated from foreign markets, has inadequate infrastructure, lacks major natural resources and suffers greatly from natural disasters. Agriculture is the main economic base while there is limited manufacturing. The Cook Islands economy is … Continue reading

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Brazil, Sao Paulo – Cost of Living

The economy of Brazil is a federal economy. Brazil is the ninth largest economy in the world and the second largest in the Americas, after the United States.   Sao Paulo, the capital of the state of Sao Paulo, is … Continue reading

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Brazil, Rio de Janeiro – Cost of Living

The economy of Brazil is a federal economy. Brazil is the ninth largest economy in the world and the second largest in the Americas, after the United States. Rio, is the capital city of the State of Rio de Janeiro, … Continue reading

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Zimbabwe, Harare – Cost of Living

The economy of Zimbabwe has reserves of metallurgical-grade chromite and commercial mineral deposits include coal, asbestos, copper, nickel, gold, platinum and iron ore. However internal upheaval, population displacement, poverty, 94% unemployment and years of hyperinflation have negatively impacted the economy. … Continue reading

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Zambia, Lusaka – Cost of Living

The Zambian economy has historically been based on the copper mining industry. Output of copper had declined over a period of 30 years due to lack of investment, low copper prices, and uncertainty over privatisation. However following privatisation of the … Continue reading

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Yemen, Sanaa – Cost of Living

Agriculture is the mainstay of Yemen’s economy, generating more than 20 percent of gross domestic product (GDP). Yemen is a small oil producer. Yemen’s industrial sector constitutes almost half of gross domestic product. Together with services, construction, and commerce, industry … Continue reading

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Vietnam, Hanoi – Cost of Living

The economy of Vietnam is a developing mixed economy. Over the past 20 years, Vietnam has made a shift from a centrally planned economy to a Socialist-oriented market economy. The economy has experienced rapid growth. Vietnam is in transition from … Continue reading

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International Cost Of Living Index Calculation

Cost of living is the cost of maintaining a specified standard of living, similar to a typical household budget. A Cost of living index is a numerical way of comparing cost of living, either over time, or by comparing different … Continue reading

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