Expensive vs Cheap cities

November 13, 2008

A comparison study (press release in Swedish) of 24 of major cities around the world was carried out by the price comparison website Pricerunner and Stockholm ranks as the 4th most expensive (12.2% over the average) when measured by the price of consumer products, while Athens is placed 17th (6.1% below the average).

  1. Oslo, Norway
  2. Copenhagen, Denmark
  3. Paris, France
  4. Stockholm, Sweden
  5. Dublin, Ireland
  6. Helsinki, Finland
  7. London, UK
  8. Reykjavik, Iceland
  9. Tokyo, Japan
  10. Amsterdam, The Netherlands
  11. Vienna, Austria
  12. Madrid, Spain
  13. Brussels, Belgium
  14. Rome, Italy
  15. Prague, Czech Republic
  16. Berlin, Germany
  17. Athens, Greece
  18. New York, USA
  19. Lisbon, Portugal
  20. Budapest, Hungary
  21. Warsaw, Poland
  22. Vilnius, Lithuania
  23. San Franscisco, USA
  24. Shangai, China

The comparison included three categories featuring specific products: electronics (e.g. Canon Powershot G9, Sony Playstation 3 (80GB), Apple Macbook Air, etc.), family products (e.g. movie ticket, bus ticket, shoes:Adidas Stan Smith 2, Lego: Indiana Jones Motorcycle Chase, etc.) and party products (e.g. Absolut Vodka 70cl, Big Mac, etc.). Figures are accessible on this Google Document (in Swedish :P ).

[via]

[thanks to David Landes from The.Local for the figures and the links]


Ties between the rich nations of the western world

February 8, 2008

One would rush into thinking ties referring to culture, history, religion, etc. and of course economics. They seem to go deeper than most of us had in mind:

“American assets in Britain came to a total of $2.3 trillion in 2005, which is more than combined American assets in Asia, South America, Africa and the Middle East.”
 
“The output of American affiliates in Belgium in 2005 came to $18.4 billion, which is more or less the same as the combined output of American affiliates in China and India the same year (at $18.8 billion).”

“American foreign direct investment in Switzerland in 2006 came to $10.4 billion, or half again as much as total American FDI in Africa and the Middle East.” 

“In 2005, Texas received more than $11 billion in foreign direct investment from the nation of… France.”

[via


Cultural Year of Greece in China

January 28, 2008
[via]