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Book International Comparisons of Real Product and Purchasing Power

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.

Book 2017 International Comparison Program in Asia and the Pacific

Download or read book 2017 International Comparison Program in Asia and the Pacific written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-05-01 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides estimates of purchasing power parities (PPPs) and real expenditures for 22 economies in Asia and the Pacific. These are summary regional results from the 2017 cycle of the International Comparison Program (ICP), a global statistical initiative carried out under the auspices of the United Nations Statistical Commission. The report provides estimates of PPPs, real expenditures for total and per capita gross domestic product (GDP) and its component expenditures derived using PPPs, and price level indexes showing relative costs of living. The PPPs enable comparison in real terms across economies by removing the price level differences among them.

Book World Product and Income

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:

Book A System of International Comparisons of Gross Product and Purchasing Power

Download or read book A System of International Comparisons of Gross Product and Purchasing Power written by and published by . This book was released on 1975 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book 2017 International Comparison Program for Asia and the Pacific

Download or read book 2017 International Comparison Program for Asia and the Pacific written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-10-01 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides a comprehensive account of the 2017 International Comparison Program (ICP) cycle for 22 economies in Asia and the Pacific. It provides in-depth analyses of estimates of purchasing power parities (PPPs), total and per capita real (PPP-converted) gross domestic product and its component expenditures, and price level indexes showing relative costs of living. The PPPs enable comparison in real terms across economies by removing the price level differences among them. This report also presents in detail the conceptual framework and methodological approaches used in implementing the ICP.

Book Purchasing Power Parities and the Size of World Economies

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.

Book A System of International Comparisons of Gross Product and Purchasing Power

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.

Book A system of international comparisons of gross national product and purchasing power  produced by the Statistical Office of the United Nations  the World Bank  and the International Comparison Unit of the University of Pennsylvania

Download or read book A system of international comparisons of gross national product and purchasing power produced by the Statistical Office of the United Nations the World Bank and the International Comparison Unit of the University of Pennsylvania written by and published by . This book was released on 1975 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book An international comparison of national products and the purchasing power of 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:

Book Eurostat OECD Methodological Manual on Purchasing Power Parities  2012 Edition

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.

Book Measuring the Real Size of the World Economy

Download or read book Measuring the Real Size of the World Economy written by World Bank and published by World Bank Publications. This book was released on 2013-04-25 with total page 697 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a comprehensive review of the statistical theory and methods underlying the estimation of purchasing power parities (PPPs) and real expenditures, the choices made for the 2005 International Comparison Program (ICP) round, and the lessons learned that led to improvements in the 2011 ICP.

Book Comparisons of Prices and Real Products in Latin America

Download or read book Comparisons of Prices and Real Products in Latin America written by J. Salazar-Carrillo and published by Elsevier. This book was released on 2014-06-28 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contained in this book are studies related to the computation of purchasing power parities for comparing real income and product among Latin American countries. The principal components of income and product comparisons are discussed: from designing and executing benchmark studies, to extrapolating results for non-benchmark years. Different comparative methods and measurement techniques, including index number formulations, are considered. Comparisons of Latin countries with other countries are also undertaken.This volume aims to illuminate the thorny theoretical and methodological issues involved in regional comparisons, and to facilitate the practical application of the comparative approach to the many sided policy problems generated by a rapidly integrating international economy.

Book Studies in International Comparisons of Real Product and Prices

Download or read book Studies in International Comparisons of Real Product and Prices written by Yoshimasa Kurabayashi and published by . This book was released on 1990 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Purchasing Power Parities and the Real Size of World Economies

Download or read book Purchasing Power Parities and the Real Size of World Economies written by World Bank and published by World Bank Publications. This book was released on 2014-11-20 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book International Comparisons of Prices  Output and Productivity

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.