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Q. I live in Slovenia. I know it isn't really a "poor" country, but since I grew up in the USA it feels pretty "poor" to me. People earn lots less and watch every penny. It is a nation of thrifty people. Anyways, stuff here costs twice as much as in the USA. I am not talking about luxury items, I am talking about bread, milk, beans etc... The luxury items usually cost 3 times as much. Why is everything so expensive here? What are the economics at work?
I think it is all the importing possibly
I have lived in Slovenia for 3 years
This comment from Lucille it amazing
"They said they'd raise the salaries, but you know how "well and quick" politicians work.
I love this Slovenian idea of "THEY". Haha, who the heck is "THEY"? Slovenians think politicians control salaries!!! Like Slovenia still has socialism. Weird.
TO VICTOR--
That is a lot of information. I have heard all of it before. What you said is essentially a clever way of saying "Slovenia is doing fairly well considering...." However, Slovenia, as a functioning country just squeaks by. Basically, in my opinion, the country is still trying to operate at a socialist country. In a capitalist economy that means it can't function. Internationally speaking, Slovenia is doing great within the EU but only because 40 years of socialism taught Slovenians (the entire government sector and all the non-profits) how to be masters at deception. And what about corruption? You speak of the GDP but where does the money really go. Corruption is rampant. Slovenia is so small and people are lining their pockets with millions in bribes daily--another result of the move from socialism to capitalism. The previous system had bribery and corruption over pennies, but now there is a LOT of money to steal. Does the GDP really tell us about the economy?
I think it is all the importing possibly
I have lived in Slovenia for 3 years
This comment from Lucille it amazing
"They said they'd raise the salaries, but you know how "well and quick" politicians work.
I love this Slovenian idea of "THEY". Haha, who the heck is "THEY"? Slovenians think politicians control salaries!!! Like Slovenia still has socialism. Weird.
TO VICTOR--
That is a lot of information. I have heard all of it before. What you said is essentially a clever way of saying "Slovenia is doing fairly well considering...." However, Slovenia, as a functioning country just squeaks by. Basically, in my opinion, the country is still trying to operate at a socialist country. In a capitalist economy that means it can't function. Internationally speaking, Slovenia is doing great within the EU but only because 40 years of socialism taught Slovenians (the entire government sector and all the non-profits) how to be masters at deception. And what about corruption? You speak of the GDP but where does the money really go. Corruption is rampant. Slovenia is so small and people are lining their pockets with millions in bribes daily--another result of the move from socialism to capitalism. The previous system had bribery and corruption over pennies, but now there is a LOT of money to steal. Does the GDP really tell us about the economy?
Answer
Slovenia is not a poor country by comparison with others joining the European Union. It has a high-income economy with the highest GDP per capita of the new member states in the EU, at $29,521 in 2008. That's over 90% of the EU average. In 2009, it had a GDP per capita of about 28,000 International Dollars, which is about the same level as New Zealand. It is higher than that of Portugal and almost the same as that of Israel. Slovenia benefits from a well-educated work force, and it now has effective political and economic institutions.
The major drawback to Slovenian development is its size and location. It is about the same size as the two counties of Devon and Cornwall in England and the same population of about 2 million. But it has almost no manufacturing sector so its wealth must be based on agriculture, tourism and financial services. These are still being developed. The consequence is that almost everything necessary for effective production in every industry must be imported, as must a great proportion of its "modern" foodstuffs and clothing. That explains the high cost of goods and some services. They must be imported and carry transport costs as well as duties.
A high proportion of the economy remains in state hands. About 60 per cent of the working population is on the national or local government payroll. Foreign direct investment in Slovenia is one of the lowest in the EU: it is not seen as an attractive destination for foreign funds. Taxes are relatively high and the labour market is seen by western business as being inflexible: still working with communist methods and attitudes. I've heard it said seriously, "I always had a decent standard of living, free education for my children, free health care, a good pension - whether I contributed or not. Why should that stop?"
Slovenian industries are losing sales to China, India, and Russia. Unemployment used to be relatively low, but it rose to nearly 10% in 2010
In some senses, Slovenia is too small to survive in a competitive Europe unless the new democratic government can arrange a serious change of national productive profile. In the meantime, the country receives substantial EU support and subsidy funding.
Edit in response to Asker's comment:
The total Official Development Assistance received by Slovenia is about â¬50 million per year, which amounts to about 15 per cent of gross national income. Although Slovenia conforms to the Maastricht Treaty on audit requirements, there is a "technical problem" in finding out how these funds are spent. I think that means that there is official government obfuscation of various public accounts. There is a suspicion in EU circles that some of the funds find their way into private accounts but no way to certify the situation. The same difficulty exists with the official audit in Estonia, Poland and Romania. It is one of the legacy problems from communism, in which official secrecy was maintained by politicians and civil servants.
OK?
Slovenia is not a poor country by comparison with others joining the European Union. It has a high-income economy with the highest GDP per capita of the new member states in the EU, at $29,521 in 2008. That's over 90% of the EU average. In 2009, it had a GDP per capita of about 28,000 International Dollars, which is about the same level as New Zealand. It is higher than that of Portugal and almost the same as that of Israel. Slovenia benefits from a well-educated work force, and it now has effective political and economic institutions.
The major drawback to Slovenian development is its size and location. It is about the same size as the two counties of Devon and Cornwall in England and the same population of about 2 million. But it has almost no manufacturing sector so its wealth must be based on agriculture, tourism and financial services. These are still being developed. The consequence is that almost everything necessary for effective production in every industry must be imported, as must a great proportion of its "modern" foodstuffs and clothing. That explains the high cost of goods and some services. They must be imported and carry transport costs as well as duties.
A high proportion of the economy remains in state hands. About 60 per cent of the working population is on the national or local government payroll. Foreign direct investment in Slovenia is one of the lowest in the EU: it is not seen as an attractive destination for foreign funds. Taxes are relatively high and the labour market is seen by western business as being inflexible: still working with communist methods and attitudes. I've heard it said seriously, "I always had a decent standard of living, free education for my children, free health care, a good pension - whether I contributed or not. Why should that stop?"
Slovenian industries are losing sales to China, India, and Russia. Unemployment used to be relatively low, but it rose to nearly 10% in 2010
In some senses, Slovenia is too small to survive in a competitive Europe unless the new democratic government can arrange a serious change of national productive profile. In the meantime, the country receives substantial EU support and subsidy funding.
Edit in response to Asker's comment:
The total Official Development Assistance received by Slovenia is about â¬50 million per year, which amounts to about 15 per cent of gross national income. Although Slovenia conforms to the Maastricht Treaty on audit requirements, there is a "technical problem" in finding out how these funds are spent. I think that means that there is official government obfuscation of various public accounts. There is a suspicion in EU circles that some of the funds find their way into private accounts but no way to certify the situation. The same difficulty exists with the official audit in Estonia, Poland and Romania. It is one of the legacy problems from communism, in which official secrecy was maintained by politicians and civil servants.
OK?
Have Two Questions Concerning a very old Steamer Trunk with Initials?
djohnsonte
I have this questions listed in cameras for that part of the help I need. This trunk had all types of hidden treasures inside it. I bought it at auction unopened and I found an expensive silk rug wrapped in a wax type paper, some coins from France, and sheets and linens with the Initials DK. B. embroidered very ornately with a crest. Those sheets etc had rotted but the silk threads were there and readable. But worth zip due to rot.
The Steamer Trunk is very large, very large. It was owned by someone with the initials L.V. that he had stamped on the two brass handles and under the lock. So, either L.V. was related to DK. B. or DK. B had borrowed or rented the trunk. I found out that steamer trunks were rented or leased as well as sold back then and since no one picked this one up it may have been purchased from L.V. by DK. B. ? We just don't have a clue. Next, the coins were all French and all had the same date 1910 and were French, gold, silver, 12 of each. And the silk knotted rug.
Getting the trunk down to remove all of our Junk stored inside we dropped the trunk and here a crack sound. When it was emptied and opened we found a Secret compartment that had been nailed to the bottom of the Steamer. We looked for a trick lever or opening but there were none so someone fetched me a pry bar and a special spanner to pry open very gently the compartment and remove some tiny nails and nuts. Inside were two very very old cameras. Both wrapped in the same wax paper, in like new condition. One was black in a leather black case and strap all in great shape. But, oddly, the other was in a dark green case and it was dark green. I managed to learn how to open the cameras and placed each inside a large dark bag and I found odd sized film in the green one.
Anyone know of a trunk company initial L.V. or someone long ago with initial DK. B. with some sort of crest? The crest was also rotted and a mess and not clear enough to make anything more out. Anyone know of a special company to develop this film? Somewhere close in the Dallas Fort Worth Area? It could be junk or could be special since they were hidden? The sooner we get the film looked at by a true pro and not something like a photoshop, we can possibly find out who DK. B. was or is and who was or is L.V. who owned this trunk. And, it could be just junk for all we know. But, we expect it to be something really interesting due to the first items found hidden inside the trunk under the lining and so very old. If it helps the rug dated back 300-400 year agoago and the coins were 1910 each ooneand there were 12 of each both types of coins were the same values.
Thanks for any help you might provide on this continuing mystery.
Answer
You might try this site: http://www.thepirateslair.com/antique-steamer-trunks-chests.html
It says this about "trunk company initial L.V."--it could stand for LOUIS VUITTON . Their phone number is 540-659-6209, in Stafford, VA .
Their street address is:
The Pirate's Lair
Division of DataCity, Inc.
78 Canterbury Drive
Stafford, VA 22554
email: sales@thepirateslair.com
(Note: It is a Service Disabled Veteran-owned small business)
http://en.wikipedia.org/wiki/Louis_Vuitton
Louis Vuitton Malletier â commonly referred to as Louis Vuitton, or shortened to LV â is a French fashion house founded in 1854. The label is well known for its LV monogram, which is featured on most products, ranging from luxury trunks and leather goods to ready-to-wear, shoes, watches, jewellery, accessories, sunglasses, and books. [A picture of the logo is to the right of the article.]
Napoleon III of France appointed Vuitton as Malletier (a "Malletier" is, in French, literally a Trunk-Maker) to his wife, Empress Eugénie de Montijo. Through his experience with French royalty, he developed advanced knowledge of what made a good traveling case. It was then that he began to design his own luggage, setting the foundations for LV Co. (article continues from there).
http://forum.purseblog.com/date-codes/date-code-made-in-information-and-locations-183525.html#post3906216
Shows these DATE CODES SEEN ON RE-LINED ITEMS:
DK⦠(USA)
It could also refer to its store in Copenhagen. Denmark is abbreviated as DK.
[What the B would stand for, I have no clue. Hope this helps a little.]
EDIT: For info and value of French coins, go to this site--http://www.taxfreegold.co.uk/francehistoryfrenchgoldcoins.html
You might try this site: http://www.thepirateslair.com/antique-steamer-trunks-chests.html
It says this about "trunk company initial L.V."--it could stand for LOUIS VUITTON . Their phone number is 540-659-6209, in Stafford, VA .
Their street address is:
The Pirate's Lair
Division of DataCity, Inc.
78 Canterbury Drive
Stafford, VA 22554
email: sales@thepirateslair.com
(Note: It is a Service Disabled Veteran-owned small business)
http://en.wikipedia.org/wiki/Louis_Vuitton
Louis Vuitton Malletier â commonly referred to as Louis Vuitton, or shortened to LV â is a French fashion house founded in 1854. The label is well known for its LV monogram, which is featured on most products, ranging from luxury trunks and leather goods to ready-to-wear, shoes, watches, jewellery, accessories, sunglasses, and books. [A picture of the logo is to the right of the article.]
Napoleon III of France appointed Vuitton as Malletier (a "Malletier" is, in French, literally a Trunk-Maker) to his wife, Empress Eugénie de Montijo. Through his experience with French royalty, he developed advanced knowledge of what made a good traveling case. It was then that he began to design his own luggage, setting the foundations for LV Co. (article continues from there).
http://forum.purseblog.com/date-codes/date-code-made-in-information-and-locations-183525.html#post3906216
Shows these DATE CODES SEEN ON RE-LINED ITEMS:
DK⦠(USA)
It could also refer to its store in Copenhagen. Denmark is abbreviated as DK.
[What the B would stand for, I have no clue. Hope this helps a little.]
EDIT: For info and value of French coins, go to this site--http://www.taxfreegold.co.uk/francehistoryfrenchgoldcoins.html
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