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What do South Korea and Florida have in common?
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Kuros



Joined: 27 Apr 2004

PostPosted: Sat Feb 09, 2008 6:36 pm    Post subject: Reply with quote

That map is misleading. Its based on nominal currency values, and thus does not account for reduced costs of living.

Here's a new map that accounts for purchase power parity. Note that Korea has now been elevated to being the economic equal of New York state.



Unless you really think the world's second-most nuclear power has the economic might of New Jersey.
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Hanson



Joined: 20 Oct 2004

PostPosted: Sat Feb 09, 2008 7:02 pm    Post subject: Reply with quote

Kuros wrote:
That map is misleading. Its based on nominal currency values, and thus does not account for reduced costs of living.

Here's a new map that accounts for purchase power parity. Note that Korea has now been elevated to being the economic equal of New York state.



Unless you really think the world's second-most nuclear power has the economic might of New Jersey.


That's the most interesting thing I've seen so far this year - I could stare at it for hours.
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Stoakley



Joined: 20 Nov 2007
Location: Florea

PostPosted: Sat Feb 09, 2008 7:45 pm    Post subject: Reply with quote

Being a Floridian I can assure you that both Korea and Florida have a slew of immigrants/aliens (legal and illegal) that can't speak the "official" language of the adopted homeland and that it should be more like their original homeland.


Cheers,

Stoakley
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VanIslander



Joined: 18 Aug 2003
Location: Geoje, Hadong, Tongyeong,... now in a small coastal island town outside Gyeongsangnamdo!

PostPosted: Sat Feb 09, 2008 8:55 pm    Post subject: Reply with quote

Stoakley wrote:
Being a Floridian I can assure you that both Korea and Florida have a slew of immigrants/aliens (legal and illegal) that can't speak the "official" language of the adopted homeland

Of the ONE percent of non-Koreans in Korea only a tiny fraction of that consider this an 'adopted homeland' or anything approaching a facsimile. Take away the soldiers, the wanna-go-back migrant industrial workers and the two-years-or-less visiting ESLers and it's surely 0.5% or less.

Unless by 'a slew' you refer to Itaewon or Dave's, then yeah. Wink
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Gopher



Joined: 04 Jun 2005

PostPosted: Sat Feb 09, 2008 8:58 pm    Post subject: Reply with quote

Let us not forget the humidity.

I reviewed your map, Kuros. I had no idea things were so bad in Croatia, Sri Lanka, and Turmenistan... Wink
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thepeel



Joined: 08 Aug 2004

PostPosted: Sat Feb 09, 2008 9:18 pm    Post subject: Reply with quote

It has Italy or Canada as being similar to California at PPP.

According to the CIA factbook (figures 2007)

Italy

GDP (purchasing power parity):
$1.8 trillion (2007 est.)

Canada

GDP (purchasing power parity):
$1.274 trillion (2007 est.)

And according to the Bureau of Economic Analysis
California
$1,622,116 (2005 est.)

Quite the spread, no?
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Smee



Joined: 24 Dec 2004
Location: Jeollanam-do

PostPosted: Sat Feb 09, 2008 10:19 pm    Post subject: Reply with quote

It'd be better to do it per capita.

The orignal map is neat, but it's pretty misleading when you have Rhode Island = Vietnam.
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chris_J2



Joined: 17 Apr 2006
Location: From Brisbane, Au.

PostPosted: Sat Feb 09, 2008 10:54 pm    Post subject: Parity Map Reply with quote

Australia has disappeared from the purchase power parity map, & has been replaced with Sweden for Ohio. Maybe they confused it with Austria?

Florida & South Korea both have hurricanes / typhoons, btw.
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whatever



Joined: 11 Jun 2006
Location: Korea: More fun than jail.

PostPosted: Sat Feb 09, 2008 11:32 pm    Post subject: Reply with quote

Both Korea and Florida have more than their share of reptiles.
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JMO



Joined: 18 Jul 2006
Location: Daegu

PostPosted: Sat Feb 09, 2008 11:34 pm    Post subject: Reply with quote

Interesting..Ireland is smaller than Indiana, population wise and area wise. Also I always heard that California had the 5th largest economy in the world..I kinda figured it would have a much larger economy than Canada or Italy.
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Justin Hale



Joined: 24 Nov 2007
Location: the Straight Talk Express

PostPosted: Sun Feb 10, 2008 2:27 am    Post subject: Reply with quote

So, the ROK = NY with only 38% of the population? Quite a shock - I was under the impression Koreans were the smartest race on Earth.

JMO wrote:
Interesting..Ireland is smaller than Indiana, population wise and area wise. Also I always heard that California had the 5th largest economy in the world..I kinda figured it would have a much larger economy than Canada or Italy.


10th in 2005

http://en.wikipedia.org/wiki/Economy_of_California
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Funky Chunk



Joined: 29 Sep 2007
Location: Haebangchon, Seoul

PostPosted: Sun Feb 10, 2008 3:11 am    Post subject: Reply with quote

Mosquitoes the size of dogs that always manage to get into your room and bite you in the middle of the night.

Also men who stare at you like they've never seen a woman before. In Tampa it's the Mexicans, and here it's the Pakis. They sure know how to make a girl feel special!
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Stoakley



Joined: 20 Nov 2007
Location: Florea

PostPosted: Sun Feb 10, 2008 3:45 am    Post subject: Reply with quote

VanIslander wrote:
Stoakley wrote:
Being a Floridian I can assure you that both Korea and Florida have a slew of immigrants/aliens (legal and illegal) that can't speak the "official" language of the adopted homeland

Of the ONE percent of non-Koreans in Korea only a tiny fraction of that consider this an 'adopted homeland' or anything approaching a facsimile. Take away the soldiers, the wanna-go-back migrant industrial workers and the two-years-or-less visiting ESLers and it's surely 0.5% or less.

Unless by 'a slew' you refer to Itaewon or Dave's, then yeah. Wink



Ok...you're right. "A slew of alien residents residing in the <respective> foreign land". Better?

Cheers,

Stoakley
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