The new data are based on improved estimates of purchasing power parity (PPP).

GDP figures are calculated at purchasing power parity.

Thus, normal re equilibration to purchasing power parity should give the dollar slight upward momentum.

At that price, the dollar was undervalued by roughly 10 relative to its purchasing power parity (PPP).

The OECD countries, on average, use 160 kilograms of oil equivalent energy for every 1,000 of GDP (measured at purchasing power parity).

The economist Menzie Chinn, using purchasing power parity (PPP) exchange rates, reckoned the renminbi s undervaluation to be 40 .

Economy Gross Domestic Product (GDP) in purchasing power parity (PPP) in 2006 was estimated at 1.218 billion USD.

Is it the economy? Well, we have now the fifth largest economy in the world in purchasing power parity terms.

To take one prominent example, there is a 25 margin of error on purchasing power parity comparisons between GDP in the United States and China.

On the other hand, critics point out that the world today is poor average annual GDP per capita at purchasing power parity is roughly 7,000.

Purchasing power has greatly fallen.

In terms of purchasing power parity, per capita income in middle income countries is still about 15 of that of developed nations.

Its per capita GDP exceeds 22,000 in purchasing power parity terms, making its income higher than that of Argentina, Brazil, and Mexico.

And, when measured in terms of purchasing power parity, China s GDP will reach that of the US around 2015, thus changing the world s balance of economic power.

Today s 100 million Mexicans have real incomes at purchasing power parity of roughly 10,000 per year, a quarter of the current US level.

In 2011, Norway and Luxemburg were the only European countries with higher per capita national income than the US in purchasing power parity terms.

In 2011, Norway and Luxemburg were the only European countries with higher per capita national income than the US in purchasing power parity terms.

Several Central European countries have achieved per capita GDP levels (measured in terms of purchasing power parity) that place them on the lower rungs of the eurozone s income ladder.

Peer relationships are based on symmetry, power relationships are based on asymmetry.

This strengthens purchasing power and ultimately private consumption.

As a result, India s per capita income of 2,900 (in purchasing power parity terms) is one half of China s and one fifteenth that of the US.

The region s success has been underpinned by dynamic growth in China and India, which account for almost 60 of the continent s total GDP in purchasing power parity terms.

And China, where income per person is one eighth the level of the US (adjusted for purchasing power parity), is simply too poor to become the new hegemony.

And China, where income per person is one eighth the level of the US (adjusted for purchasing power parity), is simply too poor to become the new hegemony.

On the one hand, there are more mouths to feed, and with greater purchasing power on average.

On the other hand, critics point out that the world today is poor average annual GDP per capita at purchasing power parity is roughly 7,000. We expect improved technology and its spread to make the world of 2100, at a 2 annual growth rate, much richer 50,000 per capita of year 2006 purchasing power.

SINGAPORE In 2016, China s share of the global economy will be larger than America s in purchasing price parity terms.

And, indeed, the evidence suggests that China was larger (in terms of purchasing power parity) than any other economy in the world until around 1889, when the US eclipsed it.

The lower dollar also reduces the purchasing power of oil exporters.

Soaring oil prices will cut corporate profits and household purchasing power.

That can t happen without increased wages and purchasing power for workers.

Though reliable data are hard to come by, its GDP (in purchasing power parity terms) was comparable to that of Haiti, Honduras, and Egypt, and some 5 below that of Ghana.

Though reliable data are hard to come by, its GDP (in purchasing power parity terms) was comparable to that of Haiti, Honduras, and Egypt, and some 5 below that of Ghana.

Back then, the G 7 dominated global economic policymaking today, China is the world s largest economy (in purchasing power parity terms), with savings some 50 larger than that of the US.

To strengthen purchasing power and to stimulate consumption, tax cuts on low and medium income households are essential.

When it comes to currency markets, parity levels based on international trade are merely one of many factors that traders consider.

From 2000 to 2008, these four countries share of global output rose rapidly, from 16 to 22 (in purchasing power parity terms), and their economies performed better than average in the subsequent global recession.

Thus, in principle, the purchasing power for the extra output would be available.

A 20 dollar depreciation would therefore reduce Americans purchasing power by only 3 .

The purchasing power in Brazil is eroded by the so called Brazil cost.

Democracy is supposedly based on a separation and balance of institutional power.

One should try on shoes before purchasing them.

Fifth, the current value of the euro does not seem wildly out of line on a purchasing power basis. 160

Because of low purchasing power many people cannot buy all the food they need.

Extremists simply have enough power to undermine a process based on trust alone.