Tuesday, November 28, 2006

EU vs. USA

The data above are from a Sweden think tank Timbro, from its study "EU vs. USA. " A home appliance that we take for granted (clothes dryer) is fairly rare in many other countries like Spain (5%) and Italy (10%).

From the study "If the European Union were a state in the USA it would belong to the poorest group of states. France, Italy, Great Britain and Germany have lower GDP per capita than all but four of the states in the United States. In fact, GDP per capita is lower in the vast majority of the EU-countries (EU 15) than in most of the individual American states. This puts Europeans at a level of prosperity on par with states such as Arkansas, Mississippi and West Virginia."

Here is the
link to the study.


At 11/28/2006 11:01 AM, Blogger Tim Worstall said...

I'm in Portugal and such a thing is indeed considered rather grand. As I look out of my window every apartment is festoopned with drying washing.


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