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1. Worldwide Cost of Living 2014: Which city is the most expensive to live in? Which city is the cheapest?

Publication Date:
03-2014
Content Type:
Working Paper
Abstract:
Despite Abenomics driving consumer confidence and price inflation, a weaker yen has pushed Osaka and Tokyo away from the top of the cost of living ranking. This has paved the way for Singapore, which has been steadily moving up the ranking over the last decade, to claim the unenviable title of world's most expensive city. Singapore's rising price prominence has been steady rather than spectacular. The city-state was 18th most expensive ten years ago and has actually seen the cost of living compared with New York City decline over the last 12 months. However, over the last decade a 40% currency appreciation, coupled with solid price inflation, has consistently pushed Singapore up the ranking.
Topic:
Economics, Energy Policy, International Trade and Finance, Natural Resources, Food, and Infrastructure
Political Geography:
New York, Tokyo, and Singapore

2. Worldwide Cost of Living 2012

Publication Date:
02-2012
Content Type:
Working Paper
Abstract:
For the first time in at least two decades of reporting the worldwide cost of living survey Zurich sits atop the ranking as the world's most expensive city. An index swing of 34 percentage points pushed the Swiss city up 4 places compared to last year to overtake Tokyo which remains in 2nd place. Geneva, the other Swiss city surveyed saw a 30 percentage point rise in the cost of living to move up six places into joint third alongside Osaka.
Topic:
International Relations, Demographics, Economics, Markets, and Urbanization
Political Geography:
Tokyo

3. Worldwide Cost of Living 2011 Which city is the most expensive to live in? Which city is the cheapest?

Publication Date:
07-2011
Content Type:
Working Paper
Abstract:
Tokyo holds the dubious honour of once again being the world's most expensive city. Until 2006, Tokyo had been at the top of the global cost-of-living ranking for 14 uninterrupted years before low inflation, weak consumer confidence and a declining Japanese yen reduced the cost of living. Between 2006 and 2009 Oslo and then Paris were the costliest cities in the survey, with Tokyo pushed down to fifth place in the ranking.
Topic:
Economics, Human Welfare, and International Affairs
Political Geography:
Paris, Tokyo, and Oslo

4. The Band Plays On

Author:
John H. Makin
Publication Date:
08-2007
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
In a July 9 interview in Tokyo with the Financial Times about the surging, liquidity-driven financial sector, Citigroup chief executive Chuck Prince characterized the situation in global financial markets more insightfully than some investors might have wished: “When the music stops, in terms of liquidity, things will get complicated. But as long as the music is playing, you've got to get up and dance. We're still dancing.” Prince elaborated further, saying that (as the article paraphrased it) “the way big Wall Street banks and hedge funds had picked up troubled subprime mortgage lenders was an example of how 'liquidity rushes in' to fill the gap as others spot a buying opportunity.”
Topic:
Economics, International Trade and Finance, and Markets
Political Geography:
United States and Tokyo