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.

GDP figures are calculated at purchasing power parity.

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.

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

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

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

But it is bad for those with a strong asset position by reducing their spending power, it spurs them to save even more.

Being outside the euro area, their currencies would fall, undermining growth in purchasing power and living standards.

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

It must ensure that enhanced purchasing power leads to a markedly improved quality of life for all of India s citizens.

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

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.

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

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

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

The basic idea is that, when comparing incomes across countries, variations in purchasing power should be taken into account.

A similar parity characterized the Bush Putin era.

In New York and other American cities, European shoppers are on a spree. They re enjoying first hand the euro s enhanced purchasing power abroad.

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

The skyrocketing cost of food has resulted in more starvation among the poor, reduced purchasing power among the non poor, and food riots in more than 30 countries.

The skyrocketing cost of food has resulted in more starvation among the poor, reduced purchasing power among the non poor, and food riots in more than 30 countries. 160

JD Sports Executive Chairman Peter Cowgill says a higher minimum wage for UK workers could mean more spending power in the pockets of potential consumers.

Whatever tax law changes the US Congress approves this summer are unlikely to have big effects on the flow of purchasing power to households until April, 2004.

By focusing on job creation, wage increases, and the social safety net, the 12th Five Year Plan could spark a major increase in discretionary consumer purchasing power.

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.

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

The riel amounts for various expenditure items were then adjusted for the loss in purchasing power of the riel that has occurred since the end of the first quarter.

( J'aime tellement l'Allemagne que je préfère qu'il y en ait deux . )

Germany's division created a rough demographic parity between French and West Germans.

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.

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

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.

But if central banks regularly announced their concern about significant departures from PPP, as they do now about inflation prospects, they would heighten traders concern that other traders will consider it increasingly risky to hold open positions that imply further movement away from parity levels.

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 root of the crisis remains the fall in purchasing power on the part of the middle and lower classes, and the collapse of speculative bubbles created by the wealthy classes greed for more.

Income disparities have halved both in nominal terms when expressed in euros and in real terms when taking into account differences in purchasing power.

In the twentieth century, the Cold War parity between Russia and America was apparent.

More than 50 of the world s population is now considered middle class, with a living standard above the average of the developed countries poverty lines ( 8.2 at 1996 PPP prices).

Likewise, increasing the supply of money relative to a fixed amount of output will lead to a decline in the purchasing power of money, as each currency unit buys fewer goods.

By focusing on job creation in services, massive urbanization, and the broadening of its social safety net, there will be a big boost to labor income and consumer purchasing power.

Creating and satisfying new consumer desires keeps the system going by absorbing the labor and purchasing power released by the increasingly efficient satisfaction of old ones. At the other end of this process, producers who satisfy old desires continue economizing, because they compete for employees and consumers with producers who satisfy new desires.

Creating and satisfying new consumer desires keeps the system going by absorbing the labor and purchasing power released by the increasingly efficient satisfaction of old ones.

It may be difficult for China to ever match the success of a small Asian country like Singapore, which has already overtaken the US in terms of GDP per capita as measured by purchasing power parity.

If holders of Portuguese bonds are alarmed by a future Greek default, the ECB will simply increase its bond buying with no limit to its buying power, it will easily overwhelm any selling pressure.

If you add to this the data for 2012 released just a few days ago by Istat, with a loss of purchasing power of 4.7 percent, the blow becomes merciless and takes on dramatic profile.