Download or read book International Comparisons of Real Product and Purchasing Power written by Irving B. Kravis and published by Johns Hopkins University Press. This book was released on 1978 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book An international comparison of national products and the purchasing power of currencies written by Milton Gilbert and published by . This book was released on 1954* with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measuring the Real Size of the World s Economy written by World Bank and published by World Bank Publications. This book was released on 2013 with total page 697 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This work is a product of the staff of The World Bank with external contributions"--T.p. verso.
Download or read book Handbook of the International Comparison Programme written by United Nations. Statistical Office and published by New York : United Nations. This book was released on 1992 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes the International Comparison Programme which intends to produce estimates, comparable in real terms, for the gross domestic product. Provides guidance for those working in national statistical offices on the Programme.
Download or read book Eurostat OECD Methodological Manual on Purchasing Power Parities 2012 Edition written by OECD and published by OECD Publishing. This book was released on 2012-11-30 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual gives a complete, detailed and up-to-date description of the Eurostat-OECD PPP Programme, including its organisation, the various surveys carried out by participating countries and the ways PPPs are calculated and disseminated. It also provides guidance on the use of PPPs.
Download or read book Currencies Commodities and Consumption written by Kenneth W. Clements and published by Cambridge University Press. This book was released on 2013-01-31 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses economic issues associated with exchange rates, commodity prices, the economic size of countries and alternatives to PPP exchange rates.
Download or read book Problems in the International Comparison of Economic Accounts written by and published by . This book was released on 1957 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An International Comparison of National Products and the Purchasing Power of Currencies written by Milton Gilbert and published by . This book was released on 1954 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Eurostat OECD Methodological Manual on Purchasing Power Parities written by OECD and published by OECD Publishing. This book was released on 2007-05-24 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains the why, how and when of the international price and volume comparisons organised by Eurostat and OECD and provides advice on the use and interpretation of Eurostat/OECD PPP figures.
Download or read book Understanding National Accounts Second Edition written by Lequiller François and published by OECD Publishing. This book was released on 2014-10-20 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.
Download or read book Purchasing Power Parities and the Size of World Economies written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-06 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book A Tract on Monetary Reform written by John Maynard Keynes and published by Cosimo Classics. This book was released on 1923 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The long run is a misleading guide to current affairs. In the long run we are all dead." -John Maynard Keynes, A Tract on Monetary Reform (1923) A Tract on Monetary Reform (1923), by British economist John Maynard Keynes, is a masterly analysis of the world monetary situation at the beginning of the twentieth century. Keynes stated the importance of stable domestic prices and a stable currency for a strong economy, while arguing against the gold standard, which at that time was used for the US dollar and many other currencies. Britain abandoned the gold standard in 1931-after it had re-established it in 1925-and the United States abandoned the gold standard in 1933. A Tract on Monetary Reform is essential reading for anyone interested in Keynes' theories and for students of economics or economic history.
Download or read book Eurostat OECD Methodological Manual on Purchasing Power Parities 2023 edition written by European Union and published by OECD Publishing. This book was released on 2024-07-31 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual sets out the full methodology of producing PPPs within the ‘Eurostat-OECD PPP Programme’ – a programme in which the Eurostat and OECD have been working together in producing and publishing Purchasing Power Parities (PPPs) for their respective member countries. PPPs are essential tools for the comparison of price and volume levels of GDP and other indicators. This manual describes the organisation of the work and the data collection, validation and calculation methods as applied for the reference year 2022. It updates the previous edition published in 2012. The aim of the manual is: (i) to provide methodological guidelines on PPPs to those directly engaged in the programme, i.e. to practitioners in Eurostat, the OECD and National Statistical Institutes (NSIs) of participating countries; (ii), to advise PPPs users – policymakers, journalists, academics, researchers – on the use and interpretation of programme comparison results; and (iii) to provide a single point of reference on the Eurostat-OECD PPP Programme, accessible to teachers, students and the general public interested in PPPs and related statistics.
Download or read book International Comparisons of Prices Output and Productivity written by J. Salazar-Carrillo and published by Elsevier. This book was released on 2012-12-02 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present volume provides a timely collection of material on the subject of international comparisons, contributed by leading scholars from an extensive range of relevant disciplines and geographical backgrounds. The papers in this volume have been classified into two broad groups united by overlapping themes. Part I includes essentially empirical papers intended to provide a clear picture of the different types of international comparisons that have been undertaken by various organizations and individuals. The papers relate to empirical studies of different sectoral and national income aggregates at both regional and global levels. The papers in Part II deal with methodological and analytical issues. Discussion of the appropriateness of various aggregation methods for international comparisons accounts for a major component of this section. The volume provides a set of stimulating studies on international comparisons of prices, output and productivity, and will provide a useful reference source for many interested readers around the world.
Download or read book World Product and Income written by Irving B. Kravis and published by Johns Hopkins University Press. This book was released on 1982 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A System of International Comparisons of Gross Product and Purchasing Power written by Irving B. Kravis and published by Johns Hopkins University Press. This book was released on 1975 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Purchasing Power Parity and Real Exchange Rates written by Mark P. Taylor and published by Routledge. This book was released on 2013-09-13 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The term Purchasing Power Parity may date from the early twentieth century, when it was coined by the Swedish economist Gustav Cassel, but the underlying concept had been enjoying varying degrees of success since its development in sixteenth century Spain. Even towards the end of the twentieth century, and especially since the breakdown of the Bretton Woods system of fixed exchange rates, PPP and the stability of real exchange rates continued to be the subject of academic debate. This volume brings together essays covering aspects of current thinking on Purchasing Power Parity, from the various ways in which to test for its existence, to its appearance in different economies around the world, to examinations of the explanations given when PPP does not appear to hold This book was published as a special issue of Applied Financial Economics. The academic editor of this journal is Mark P. Taylor.
