Home > China, Microeconomics > So How Does This Happen?

So How Does This Happen?

Survey of best ESL teaching positions in the world says #5 Saudi Arabia pays ESL teachers up $50,000 a year, considerably more than #4 China. Why?

The post says (for China) you’ve got “superb food” and “great travel options,” and for Thailand, Japan and Korea things like “friendly atmosphere” and “things to do on weekends.”

I expect I’ll use this as a class example on the topic of compensating differentials.

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Categories: China, Microeconomics
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