tag:blogger.com,1999:blog-10946076.post110884132075622733..comments2023-03-15T17:39:46.566+03:00Comments on Notes from behind the bike shed: Economics of Development in BahrainNotes from behind the bike shedhttp://www.blogger.com/profile/17831010815900875065noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-10946076.post-1109063499326980102005-02-22T12:11:00.000+03:002005-02-22T12:11:00.000+03:00Also, there is a fundamental flaw in the mathemati...Also, there is a fundamental flaw in the mathematics of McK's calculations.<br /><br />McK state that the cost to an employer of an expatriate labourer is BD110/month. On this basis, and believing that Bahrainis will nopt work for less than 220/month, in 2009 an employer will have to pay BD1200 pa extra by way of visa charges to hire an expatriate (ie BD75/month plus BD600 over 2 years). So the cost to an employer of a Bahraini will be, say, BD220/m but an expat BD110+BD100 ie about the same.<br />Now the fact is that currently, the cost of an expat labourer to an employer is wages of BD110 PLUS current visa charges,housing, food, transport, airfare every 2 years etc ie an additional minimum BD120 ie total current cost to employer is about BD230 and not BD110 that McK quote.<br /><br />So all McK's calculations which derive from this including the proposed visa monthly and two-yearly charges are wrong.<br /><br />The JohnsterAnonymousnoreply@blogger.com