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What I actually find annoying are new buildings that are set back from the street and also don't have the overhang or awning for walking in shade from sun or shelter from rain. That functionally sucks.
I do prefer the buildings up at the sidewalk! Completely agree on that part!
Projections of ASIA economies by GDP per capita (nominal) in 2022 according to the IMF
01. Qatar : US$84,514
02. Brunei : US$79,816
03. Singapore : US$79,576
04. Israel : US$54,688
05. Macau : US$50,578
06. United Arab Emirates : US$50,349
07. Hong Kong : US$49,850
08. Kuwait : US$38,755
09. Taiwan : US$36,051
10. South Korea : US$34,994
What's going to be interesting to watch for Taiwan is its economic relationship with China. The Taiwanese stupidly followed the same path that the US/Europe did and simply did not learn the lessons. They were chasing after new markets for their products and cheaper labor forces. Now there has been a "hollowing out" of the Taiwanese economy where the most productive parts of their economy have moved en masse to China. If this trend continues long enough, you really will see Taiwan look and actually be poor. Not to mention the fact that China wont have to launch a military invasion to get Taiwan to heel. They could simply threaten to take away all the hundreds of billions of dollars of investment that the Taiwanese businesses have made in China. Game over.
I've never been to Taiwan...only flown thru it numerous times as I usually fly Eva Airlines into Asia. I'm sure I'll ruffle some feathers but the airport, food and locals at the airport look, for lack of a better term, bland, very very bland. I know you can't experience a country simply by visiting the airport, but one can get a small glimpse of what the place is like.
Let's review the airports in the area. Manila airport is chaotic, unorganized, loud, friendly and fairly interesting. Incheon airport in Korea is stunning. Koreans are the best dressers in Asia. It's clean, modern and high class. Narita in Japan. Very Japanese! Quiet, efficient, business like, proper, good food and fairly stylish. Suvarnabhumi Airport in Bangkok. New, exciting and fun. Thais are kind and stylish. It has a fun edge to it. Tan Son Nhat in Ho Chi Minh. Busy, bustling, energetic, communist, interesting.
Yup I know I got off on a tangent, but of all the airports, Taiwan is hands down the dullest. Makes me think the entire country is dull. Doubt I'd ever want to visit unless I went there for business. Hard to tell if they are poor since they dress so conservatively and well...dull.
I've never been to Taiwan...only flown thru it numerous times as I usually fly Eva Airlines into Asia. I'm sure I'll ruffle some feathers but the airport, food and locals at the airport look, for lack of a better term, bland, very very bland. I know you can't experience a country simply by visiting the airport, but one can get a small glimpse of what the place is like.
Let's review the airports in the area. Manila airport is chaotic, unorganized, loud, friendly and fairly interesting. Incheon airport in Korea is stunning. Koreans are the best dressers in Asia. It's clean, modern and high class. Narita in Japan. Very Japanese! Quiet, efficient, business like, proper, good food and fairly stylish. Suvarnabhumi Airport in Bangkok. New, exciting and fun. Thais are kind and stylish. It has a fun edge to it. Tan Son Nhat in Ho Chi Minh. Busy, bustling, energetic, communist, interesting.
Yup I know I got off on a tangent, but of all the airports, Taiwan is hands down the dullest. Makes me think the entire country is dull. Doubt I'd ever want to visit unless I went there for business. Hard to tell if they are poor since they dress so conservatively and well...dull.
You're judging the country by its airport food? lol. Pls tell me you're not serious. Ive heard from a number of people who grew up in east Asia, that Taiwan has the best Chinese food in all of Asia. FWIW. Not sure waht food has to do with it.
I've never been to Taiwan...only flown thru it numerous times as I usually fly Eva Airlines into Asia. I'm sure I'll ruffle some feathers but the airport, food and locals at the airport look, for lack of a better term, bland, very very bland. I know you can't experience a country simply by visiting the airport, but one can get a small glimpse of what the place is like.
Let's review the airports in the area. Manila airport is chaotic, unorganized, loud, friendly and fairly interesting. Incheon airport in Korea is stunning. Koreans are the best dressers in Asia. It's clean, modern and high class. Narita in Japan. Very Japanese! Quiet, efficient, business like, proper, good food and fairly stylish. Suvarnabhumi Airport in Bangkok. New, exciting and fun. Thais are kind and stylish. It has a fun edge to it. Tan Son Nhat in Ho Chi Minh. Busy, bustling, energetic, communist, interesting.
Yup I know I got off on a tangent, but of all the airports, Taiwan is hands down the dullest. Makes me think the entire country is dull. Doubt I'd ever want to visit unless I went there for business. Hard to tell if they are poor since they dress so conservatively and well...dull.
If we are judging a country by its airport then America is 120% a third world dump.
As long as US$1 buys a different amount of things in different places at the same time, PPP will continue to be relevant. One of the problems with nominal vs PPP is that governments can prop up the first one by simply printing money which affects the exchange rates. There is no such thing in PPP. What actuslly counts is the purchasing power of a certwin amount of money.
If they inflate the nominal GDP, it will prop up the PPP too. The best standard to check people's standard of living is median full time salary adjusted for cost of living.
Here is some data of median PPP disposable income per person in 2019. Remember that this data includes people who don't work and transfer payments. China only had data from 2011, so I increased it from 4500 to 6500 as wages have almost doubled but the cost of living has also increased.
In terms of GDP, Singapore would top the list and Hong Kong would be below Switzerland. But their GDP is inflated by sectors that doesn't produce value for their citizens. Based on PPP and disposable income, Singapore should be around 30,000 and Hong Kong should be around 20,000 which means Singapore standard of living is more like Germany and Hong Kong is like Poland/Portugal.
1 United States 42,800
3 Norway 40,649
4 Switzerland 38,475
5 Canada 36,656
9 Australia 33,391
13 Germany 31,341
16 France 28,571
17 South Korea 28,145
19 United Kingdom 25,738
20 Spain 25,542
21 Italy 25,319
26 Japan 21,728
27 Poland 19,110
28 Portugal 19,057
29 Lithuania 19,021
33 Greece 15,681
34 Hungary 14,759
35 Bulgaria 13,341
37 Turkey 11,128
?? China 6,500*
41 Mexico 6,354
You're judging the country by its airport food? lol. Pls tell me you're not serious. Ive heard from a number of people who grew up in east Asia, that Taiwan has the best Chinese food in all of Asia. FWIW. Not sure waht food has to do with it.
Wasn’t really talking about the food but the overall vibe of the people at the airport is what I was going for. Didn’t dig the vibe of Taiwan at all.
If they inflate the nominal GDP, it will prop up the PPP too. The best standard to check people's standard of living is median full time salary adjusted for cost of living.
Here is some data of median PPP disposable income per person in 2019. Remember that this data includes people who don't work and transfer payments. China only had data from 2011, so I increased it from 4500 to 6500 as wages have almost doubled but the cost of living has also increased.
In terms of GDP, Singapore would top the list and Hong Kong would be below Switzerland. But their GDP is inflated by sectors that doesn't produce value for their citizens. Based on PPP and disposable income, Singapore should be around 30,000 and Hong Kong should be around 20,000 which means Singapore standard of living is more like Germany and Hong Kong is like Poland/Portugal.
That's not true at all. Singapore's household income is higher than most European countries and HK's household income is comparable to most European countries. Factoring in PPP they would both be higher.
That's not true at all. Singapore's household income is higher than most European countries and HK's household income is comparable to most European countries. Factoring in PPP they would both be higher.
HK median household income is only 3640 US dollars per month, HK has large households, especially if you subtract kids and HK is not a cheap place to live.
According to Numbeo it is actually more expensive than Oslo, but in Oslo individuals earn significantly more than 3640 dollars, let alone household income.
Take that into account and the numbers for median income per adult won't look great at all.
Last edited by Camlon; 07-19-2022 at 09:43 AM..
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