COUNTRY |
|
Unit Currency Cost US$@ |
GERMANY* |
|
|
FRANCE* |
|
|
AUSTRALIA |
|
|
SWITZERLAND |
|
|
CANADA |
|
|
UK |
|
|
USA |
|
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JAPAN |
|
|
#TAX/GDP is tax collected divided by the GDP, both from
the CIA
world factbook. I realize that there are problems measuring tax
(e.g. whether state & local tax included).
@The USA is the reference country for Unit Currency Cost
US$. Percentage changes are from the average during 1993
to the rates on 8 Oct 2000 (from YAHOO).
e.g. it now costs only US$73 to buy the same number of Marks that would
have cost US$100 in 1993.
* Germany & France are now fixed to the EURO
What is noticeable is:
higher taxes is associated with greater exchange rate devaluation
The odd man out is the UK, probably explained by the fact that the UK is an oil producing country.