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Old 09-04-2012, 11:17 AM
 
770 posts, read 987,306 times
Reputation: 1816

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russiaonline, please provide the thread with actual links and solid, factual support to back up your claims (as dunno what to put here as done). Otherwise, we can only take your statements and claims merely as your own opinions, rather than as actual facts.
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Old 09-04-2012, 01:29 PM
 
1,730 posts, read 2,022,636 times
Reputation: 295
Quote:
Originally Posted by CityLover9 View Post
russiaonline, please provide the thread with actual links and solid, factual support to back up your claims (as dunno what to put here as done). Otherwise, we can only take your statements and claims merely as your own opinions, rather than as actual facts.
I hope moderators forgive us... Plus, it's not really off-topic.

Wages:

Google Translate

Quote:
the median wage dropped to 498 euros.
Google Translate

Quote:
The average salary in Russia was 28,232 rubles
The June's data doesn't include year end bonuses, and a "13th salary", but they are unknown, and can only be estimated. I won't include them.

http://translate.google.com/translate?sl=ru&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.rg.ru%2F2011% 2F05%2F24%2Fstrahovanie.html
Quote:
The share of the gray salaries since September last year in Russia grew by half - from 20 to 40 percent.
The conservative estimate today is 30%, not 40% (which is an average estimate). This gives us 40,000 rubles.

Median stats are generally not provided, but they are always close to 30% less than average. One such report:

Google Translate

Quote:
According to a sample survey organizations in April 2011. median of the distribution of employees by salary (50% of employees have salaries less than this value and 50% of workers - more) -16 043 rubles. Average salary in the Russian Federation in April 2011. exceeded the median wage by 39%.
So the median salary is 28,000 rubles, or 688 euros vs 498 in Estonia. Well, not twice higher - "only" 40%. But that's salaries, not incomes - Russian incomes are hard to estimate (lets not test the moderator's patience ), and they are higher than salaries, of course.

Utilities:

EURES - Living and working conditions - Cost of living - European Commission

Quote:
Compared to other new Member States of the EU, Estonia is quite an expensive country.
Monthly utilities (gas, electricity, water) for a 2-room flat are on average EUR 160
Google Translate

Quote:
How many rubles per month, your household expenditures on housing and utilities (including electricity)?

4158.4
102 euros - and that's not just utilities. And Russia is a lot colder... Most housing in both countries is exactly the same.
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Old 09-04-2012, 01:34 PM
 
1,730 posts, read 2,022,636 times
Reputation: 295
Quote:
Originally Posted by dunno what to put here View Post
It's adjusted to reflect the cost of living
PPP doesn't correctly measure cost of living. Especially in countries like Russia - which has a very different economy than what you are used to. Just reread my post with a photo for a very easy to understand hint - and that's just the tip of an iceberg.

Quote:
I think you have a very misguided view of Russia and everything not Russian or aligned with Russia (such as the European Union, and the Baltic states). I knew Russians were gullible, but this is ridiculous.
Don't blame me for you not understanding economics
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Old 09-05-2012, 05:52 PM
 
1,446 posts, read 4,529,933 times
Reputation: 989
Am I correct to assume that measuring how developed a country is depends on what and how you are measuring it? Or is there a standard that is accepted by most economists?
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Old 09-06-2012, 02:17 AM
 
1,730 posts, read 2,022,636 times
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Quote:
Originally Posted by lentzr View Post
Am I correct to assume that measuring how developed a country is depends on what and how you are measuring it? Or is there a standard that is accepted by most economists?
Developed/developing is a very subjective measure. Most economists use metrics that measure how "Western" the country's economy is - creating arbitrary and totally subjective thresholds. Coincidentally, most (published) economists live in countries that score the most
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Old 08-23-2019, 06:51 AM
 
1,283 posts, read 975,286 times
Reputation: 359
Quote:
Originally Posted by botticelli View Post
Another one is Taiwan, which has the same GDP per capita (PPP) as Belgium and Denmark in 2011 and similar to Czech Republic in nominal terms.
I've actually been wondering the same thing for quite some time.
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Old 08-23-2019, 07:08 PM
 
Location: São Paulo, Brazil
1,770 posts, read 2,457,612 times
Reputation: 1333
Quote:
Originally Posted by botticelli View Post
The closest one is S Korea. Goldman Sachs is planning to move it officially from emerging economies to developed economy next year. The country already has a per capita GDP exceeding Portugal in nominal terms. In PPP terms, it is already higher than Italy, Spain, New Zealand and getting close to Japan, France and the UK.
South Korea already crossed the gate to the first world since many years.
If a country with a higher GDP per capita than many already developed countries, without significative social issues and strong in high tech and human capital, cannot still be included in the first world... then first world means nothing.
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Old 08-23-2019, 09:37 PM
 
Location: Seattle WA, USA
5,543 posts, read 4,552,945 times
Reputation: 4653
To me semi-developed sounds like a country who's major cities are pretty much fully developed and equal to developed world standards, but once you enter the rural areas and small cities it's still developing.


Not sure which country this best describes, but I imagine that this applies to many developing countries.
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Old 08-23-2019, 10:15 PM
 
1,283 posts, read 975,286 times
Reputation: 359
Quote:
Originally Posted by jackierudetsky View Post
I've actually been wondering the same thing for quite some time.
Does anybody know why it's like that?
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