Svalbard is as close as you can get to a place with open borders

Re:Svalbard is as close as you can get to a place with open ... by rayiner on Thursday August 08, 2019 @02:13PM (#20647029)

Median income adjusted for cost of living (which is the usual way of comparing income between countries).

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Re:Svalbard is as close as you can get to a place with open ... by snowwrestler on Thursday August 08, 2019 @03:16PM (#20647623)

I would not characterize it as the "usual" way of comparing incomes. It's useful in some contexts but the adjustment can mask differences in local quality of life that matter to people.

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Re:Svalbard is as close as you can get to a place with open ... by rayiner on Thursday August 08, 2019 @03:27PM (#20647734)

When comparing countries, as I said, the basis of comparison is almost invariably PPP GDP per capita, not nominal GDP per capita.

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Re:Svalbard is as close as you can get to a place with open ... by triceratops on Thursday August 08, 2019 @02:25PM (#20647156)

Thanks!

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