Author: World Bank Group
Publisher: World Bank Publications
ISBN: 1464815313
Category : Business & Economics
Languages : en
Pages : 279

View

Book Description
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.

Author: World Bank
Publisher: World Bank Publications
ISBN: 1464803293
Category : Business & Economics
Languages : en
Pages : 327

View

Book Description
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.

Author: World Bank
Publisher: World Bank Publications
ISBN: 0821397311
Category : Business & Economics
Languages : en
Pages : 697

View

Book Description
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.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264189238
Category :
Languages : en
Pages : 448

View

Book Description
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.

Author: The World Bank
Publisher: World Bank Publications
ISBN: 9781464820731
Category : Business & Economics
Languages : en
Pages : 0

View

Book Description
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.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292622005
Category : Business & Economics
Languages : en
Pages : 159

View

Book Description
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.

Author:
Publisher:
ISBN:
Category : Purchasing power parity
Languages : en
Pages : 288

View

Book Description
Eurostat, the OECD and 47 participating countries work together in establishing purchasing power parities, or PPPs, in order to compare the price and volume levels of the GDPs. This programme is called the Eurostat-OECD PPP Programme and the methodological manual provides a detailed description of it. The manual has three aims: first, to explain to practitioners in Eurostat, the OECD and the national statistical institutes how PPPs are compiled; second, to enable practitioners to advise on the use and interpretation of results to users; and third, to provide a point of reference accessible to teachers, students and other members of the general public interested in PPPs and related statistics. The manual has been jointly produced by the OECD, Eurostat and the members of a Manual Taskforce with delegates from 5 participating countries. The electronic version of the manual is made available on both the OECD and Eurostat websites.

Author: Mick Silver
Publisher: International Monetary Fund
ISBN: 1455210455
Category : Business & Economics
Languages : en
Pages : 22

View

Book Description
The IMF’s main uses of the International Comparison Program’s (ICP) estimates of purchasing power parity (PPP)-adjusted Gross Domestic Product (GDP) are as an element of the formula used to help guide decisions on its members’ quotas and in the World Economic Outlook (WEO). The paper outlines these uses and considers measurement issues particularly salient to IMF usage including: PPP imputations for member countries not participating in the ICP; PPP estimates for non-benchmark years; timeliness and periodicity of PPP estimates; economy groupings; and transparency. The paper was written as a chapter on ?IMF uses of PPPs? for the 2011 ICP Handbook.

Author: Adam S. Posen
Publisher: Peterson Institute for International Economics
ISBN: 0881327328
Category : Business & Economics
Languages : en
Pages : 499

View

Book Description
Labor productivity growth in the United States and other advanced countries has slowed dramatically since the mid-2000s, a major factor in their economic stagnation and political turmoil. Economists have been debating the causes of the slowdown and possible remedies for some years. Unaddressed in this discussion is what happens if the slowdown is not reversed. In this volume, a dozen renowned scholars analyze the impact of sustained lower productivity growth on public finances, social protection, trade, capital flows, wages, inequality, and, ultimately, politics in the advanced industrial world. They conclude that slow productivity growth could lead to unpredictable and possibly dangerous new problems, aggravating inequality and increasing concentration of market power. Facing Up to Low Productivity Growth also proposes ways that countries can cope with these consequences.

Author: Asian Development Bank
Publisher:
ISBN: 9789292626747
Category :
Languages : en
Pages : 104

View

Book Description
This publication presents a cost-effective "reduced information" approach for estimating purchasing power parities (PPPs). The approach can generate more firmly based estimates of PPPs, price level indexes, and measures of real (PPP-based) expenditures than conventional extrapolation methods. The results include PPP-based gross domestic product and its major aggregates of individual consumption expenditure by households and nonprofit institutions serving households, government final consumption expenditure, gross fixed capital formation, changes in inventories and acquisitions less disposals of valuables, and balance of exports and imports.