Download Free Purchasing Power Parities And The Real Size Of World Economies Book in PDF and EPUB Free Download. You can read online Purchasing Power Parities And The Real Size Of World Economies and write the review.

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.
"This work is a product of the staff of The World Bank with external contributions"--T.p. verso.
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.
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.
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.
How the Bank uses regressions to fill gaps in purchasing power parity based on estimates of per capita income.
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.
This report presents estimates of purchasing power parities (PPPs) for 23 economies participating in the 2005 International Comparison Program in Asia and the Pacific. These PPPs, disaggregated by major macroeconomic variables, enable a robust cross-country comparison as they include variables such as per capital real gross domestic product (which identifies economies that are rich); real per capita actual final consumption expenditure (which measures economic well-being); gross fixed capital formation (which reflects investment); and price level indexes (which indicates the relative cost of living by economy).
A guide for constructing and using composite indicators for policy makers, academics, the media and other interested parties. In particular, this handbook is concerned with indicators which compare and rank country performance.
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.