An International Comparison Of National Products And The Purchasing Power Of Currencies


An International Comparison Of National Products And The Purchasing Power Of Currencies
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An International Comparison Of National Products And The Purchasing Power Of Currencies


An International Comparison Of National Products And The Purchasing Power Of Currencies
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Author : Milton Gilbert
language : en
Publisher:
Release Date : 1954

An International Comparison Of National Products And The Purchasing Power Of Currencies written by Milton Gilbert and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1954 with Economic history categories.




An International Comparison Of National Products And The Purchasing Power Of Currencies


An International Comparison Of National Products And The Purchasing Power Of Currencies
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Author : Milton Gilbert
language : en
Publisher:
Release Date : 1954

An International Comparison Of National Products And The Purchasing Power Of Currencies written by Milton Gilbert and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1954 with categories.




An International Comparison Of National Products And The Purchasing Power Of Currencies


An International Comparison Of National Products And The Purchasing Power Of Currencies
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Author : Milton Gilbert
language : en
Publisher:
Release Date : 1954*

An International Comparison Of National Products And The Purchasing Power Of Currencies written by Milton Gilbert and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1954* with categories.




An International Comparison Of National Products And The Purchasing Power Of Currencies


An International Comparison Of National Products And The Purchasing Power Of Currencies
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Author : Milton Gilbert
language : en
Publisher: Taylor & Francis
Release Date : 1954

An International Comparison Of National Products And The Purchasing Power Of Currencies written by Milton Gilbert and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 1954 with Business & Economics categories.




International Comparisons Of Real Product And Purchasing Power


International Comparisons Of Real Product And Purchasing Power
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Author : Irving B. Kravis
language : en
Publisher: Johns Hopkins University Press
Release Date : 1978

International Comparisons Of Real Product And Purchasing Power written by Irving B. Kravis and has been published by Johns Hopkins University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Gross national product categories.


The purpose of the United Nations International Comparison Project (ICP) is to compare the purchasing power of currencies and the real gross domestic product (GDP) per capita of different countries. It is well known that the usual method of converting the GDPs of different countries to a common currency, usually U.S. dollars, at existing exchange rates is misleading because exchange rates do not necessarily reflect the purchasing power of currencies. The ICP has found that the purchasing power of a country's currency over GDP can be as much as three times its dollar exchange rate, and thus the real GDP per capita is three times the value shown in an exchange-rate conversion. The unsatisfactory nature of exchange-rate conversions has become even clearer in the past few years under the new regime of managed floating rates. Changes in exchange rates of as much as 20 percent within the space of a year have not been unusual even among major currencies.



Purchasing Power Parities And The Real Size Of World Economies


Purchasing Power Parities And The Real Size Of World Economies
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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2014-11-20

Purchasing Power Parities And The Real Size Of World Economies written by World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-20 with Business & Economics categories.


The 2011 International Comparison Programme (ICP) is a worldwide statistical initiative that aims to estimate Purchasing Power Parities (PPPs) to be used as currency converters to compare the size and price levels of economies around the world -- crucial information for research in comparative analysis and policy making.



A System Of International Comparisons Of Gross Product And Purchasing Power


A System Of International Comparisons Of Gross Product And Purchasing Power
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Author : Irving B. Kravis
language : en
Publisher: Johns Hopkins University Press
Release Date : 1975

A System Of International Comparisons Of Gross Product And Purchasing Power written by Irving B. Kravis and has been published by Johns Hopkins University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Business & Economics categories.


International comparisons of production, consumption, and investment are indispensable for the analysis of economic and social development. As a result of work over the past two decades by national statistical offices, the United Nations and other international organizations, data on national income and expenditure are becoming more and more comparable from the standpoint of statistical methodology. However, even where standard methodology has been adopted to produce national estimates of these aggregates, a major limitation to comparability has been the inadequacy of official exchange rates for purposes of converting estimates in national currencies to a common basis of valuation. Thus, at the end of the 1960's no adequate basis existed for comparisons on a world-wide scale. The long-term aim of the work begun by the United Nations International Comparison Project in 1968 was to fill this important gap in international statistics by developing detailed intercountry comparisons for gross domestic product and the purchasing power of currencies. The results of the first stage of this effort are presented in this report. An extension of the project to cover additional countries is under way.



Purchasing Power Parities And The Size Of World Economies


Purchasing Power Parities And The Size Of World Economies
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Author : World Bank Group
language : en
Publisher: World Bank Publications
Release Date : 2020-07-06

Purchasing Power Parities And The Size Of World Economies written by World Bank Group and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-06 with Business & Economics categories.


The International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank under the auspices of the United Nations Statistical Commission. It produces comparable price and volume measures of gross domestic product (GDP) and its expenditure aggregates across economies. Through a partnership with international, regional, sub-regional and national agencies, the ICP collects price data and GDP expenditures to estimate purchasing power parities (PPPs) for the world’s economies. The report provides ICP results for the benchmark year 2017 and revised results for earlier years. ICP data are used for socio-economic analyses by researchers, academics, policy makers at the national and international levels, and by organizations such as the European Union, the International Monetary Fund, the Organization for Economic Co-operation and Development, the United Nations, and the World Bank. Notably, PPPs and ICP data are used in indicators monitoring progress towards eight goals of the United Nations’ 2030 Agenda for Sustainable Development, the World Bank’s international poverty lines, and the construction of the Human Development Index by the United Nations, among others. The use of PPPs continues to grow and the ICP website (icp.worldbank.org) lists many applications of the data by the development community, academia, media and others.



Purchasing Power Parities Of Currencies


Purchasing Power Parities Of Currencies
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Author : D. S. Prasada Rao
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009

Purchasing Power Parities Of Currencies written by D. S. Prasada Rao and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.


This up-to-date book demonstrates how the purchasing power parities (PPPs) of currencies are being increasingly used in place of exchange rates for a variety of purposes. These include: comparisons of real income, measurements of global inequality and poverty, calculation of the human development index and assessment of nations economic performance. Despite the increasing popularity of PPPs, many users have very little appreciation of the data and methods used in their derivation. This timely monograph brings together a number of significant contributions from leading researchers in the field, offering a comprehensive review of the latest methods used in the construction and application of PPPs. The authors provide a broad overview of the current state-of-the-art both in terms of techniques as well as current practice with various international organisations. Given the increasing application of PPPs in this truly globalised world, this book will be a stimulating read for researchers and academics involved in international comparisons and development economics, general economists and economist statisticians.



A System Of International Comparisons Of Gross Product And Purchasing Power


A System Of International Comparisons Of Gross Product And Purchasing Power
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Author :
language : en
Publisher:
Release Date : 1975

A System Of International Comparisons Of Gross Product And Purchasing Power written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with categories.