Purchasing Power Parity (PPP) – An Overview

Purchasing Power Parity (PPP) is an important economic concept, requiring significant efforts to arrive at an authentic value. World Bank carries out an extensive exercise, called International Comparison Program (ICP), to get a fair value and understand where different economies are placed. As per the latest report released in May’20, covering economic performance for year … Continue reading Purchasing Power Parity (PPP) – An Overview
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