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<blockquote data-quote="dilshan87" data-source="post: 10664751" data-attributes="member: 91015"><p>You have got the things fundamentally wrong. Since you are a BSc Management holder its easy for me to explain.</p><p></p><p>This list <strong>does not</strong> <strong>account for cost-of-living savings</strong> accrued to local citizens through government-subsidized housing, health care, and education, differences in taxation, and many other factors irrelevant to expatriates.</p><p></p><p>Any country is moving towards global factory flow as there is a comparative advantage. Chinese production is much more cheaper than Sri Lanka doing its own. Russian technology is cheaper than US technology. That's why we are having a high Marginal Propensity to Consume in our GDP towards Russia and China. </p><p></p><p>Just have a look at the Sri Lankan Central bank report and analyse the data than just looking at figures. You'll find what's the real situation of the monetary and Fiscal policies. </p><p></p><p><img src="/styles/default/xenforo/smilies/default/no.gif" class="smilie" loading="lazy" alt=":no:" title="No :no:" data-shortname=":no:" /><img src="/styles/default/xenforo/smilies/default/no.gif" class="smilie" loading="lazy" alt=":no:" title="No :no:" data-shortname=":no:" /><img src="/styles/default/xenforo/smilies/default/no.gif" class="smilie" loading="lazy" alt=":no:" title="No :no:" data-shortname=":no:" /></p></blockquote><p></p>
[QUOTE="dilshan87, post: 10664751, member: 91015"] You have got the things fundamentally wrong. Since you are a BSc Management holder its easy for me to explain. This list [B]does not[/B] [B]account for cost-of-living savings[/B] accrued to local citizens through government-subsidized housing, health care, and education, differences in taxation, and many other factors irrelevant to expatriates. Any country is moving towards global factory flow as there is a comparative advantage. Chinese production is much more cheaper than Sri Lanka doing its own. Russian technology is cheaper than US technology. That's why we are having a high Marginal Propensity to Consume in our GDP towards Russia and China. Just have a look at the Sri Lankan Central bank report and analyse the data than just looking at figures. You'll find what's the real situation of the monetary and Fiscal policies. :no::no::no: [/QUOTE]
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