A 20 min taxi ride in Copenhagen costs $60.

If you ask me about relative prices, I find Tokyo cheaper than CPH and there
is far more choice in Tokyo and the service is almost impeccable.  Housing
in Tokyo is a different story and CPH may be marginally cheaper.  Shanghai
real estate is getting up there.

Anthony


On Sun, Jun 6, 2010 at 10:42 PM, Michael Perelman <[email protected]
> wrote:

> I should stop writing about China with my limited knowledge.  I don't think
> increasing the min. wage will increase the asset inflation -- real estate
> and the stock market -- very much.  I did not notice much inflation
> elsewhere.  Food did not seem expensive.  A taxi drive for more than an
> hour to the airport was around $20.
>
>  --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail michael at ecst.csuchico.edu
> michaelperelman.wordpress.com
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-- 
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Anthony P. D'Costa
Professor of Indian Studies and Research Director
Asia Research Centre
Copenhagen Business School
Porcelænshaven 22, 3
DK-2000 Frederiksberg, Denmark
Ph: +45 3815 2572
Fax: +45 3815 2500
http://uk.cbs.dk/arc
www.cbs.dk/india
http://www.thisismodernindia.com/this_is_modern_india_about_us.html
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