Date: Sat, 14 Mar 1998 22:05:53 -0800 (PST) From: Tom Condit <tomcondit-AT-igc.apc.org> Subject: M-NEWS: Costs of production <fwd> Date: Sat, 14 Mar 1998 15:02:23 -0800 (PST) X-Sender: meisenscher-AT-pop.igc.org From: Doug Henwood <dhenwood-AT-panix.com> (by way of Michael Eisenscher <meisenscher-AT-igc.apc.org>) Subject: cost comparison, MAI: Trade Union Response Apropos the recent discussion of US vs. European "competitiveness," here's an interesting table from the Economist Intelligence Unit - their estimates of the costs of doing business for multinationals in various countries. Unsurprisingly, Germany is #1 - but perhaps surpisingly, the US is #2. The UK is more expensive than Sweden. I guess production wages aren't the only story. Components of the estimates include wage costs (including executive salaries), business travel, teaxes, rents, telecoms, and transport. For some unexplained reason, Japan isn't included. Doug ---- BUSINESS COSTS COMPARISONS Economist Intelligence Unit estimates Germany 100.0 US 91.8 Belgium 89.4 UK 81.4 France 79.5 Netherlands 74.2 Sweden 68.6 Australia 65.4 Italy 64.9 Singapore 59.0 Canada 58.5 Argentina 54.1 Spain 52.9 Brazil 52.3 Mexico 50.2 Hong Kong 48.8 Russia 47.3 Poland 25.1 India 22.1 Czech Rep 20.5 Chile 19.0 China 10.4 Thailand 5.6 Hungary 2.2 Malaysia 1.7 Indonesia 1.6 South Africa 1.0 ===================================
Display software: ArchTracker © Malgosia Askanas, 2000-2005