What Can Be Learned About the Economies of China and India from Purchasing Power Comparisons?

Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank, the Regional Banks and Economic Commissions. The 2005 ICP round provides estimates of purchasing power parities (PPPs) of currencies and real product per capita for 146 countries, and the results for China and India are discussed in the context of the size of these economies. It also provides insights into the prospects of future economic growth in China and India as also policy recommendations for China and the likely scenarios in the future.purchasing power, China, India, economic growth, Tertiary Sector, capital stock

Measuring and analyzing aggregate fluctuations: the importance of building from microeconomic evidence - commentary

Employment (Economic theory) ; Investments ; Productivity

Regional Output Differences in International Perspective

purchasing power parities, regional price levels, spatial models

A Different Perspective of Pakistan's Economy: The Structure of Expenditures and Prices, 1975-81

This paper presents comparisons of the purchasing power of the Pakistani rupee in 1975 with those of the currency units of 33 other countries in the same year, based on the UN International Comparison Project and examines relative price structure in Pakistan compared to those in other countries. Pakistan's price level and structure are similar to those of many developing countries, although the prices of investment goods were unusually high. The paper also updates the results to 1982 and finds that the decline in the purchasing power of the rupee is fairly consistent with relative inflation rates