Measuring the Real Size of the World Economy: The Framework, Methodology, and Results of the International Comparison Program

Measuring the Real Size of the World Economy: The Framework, Methodology, and Results of the International Comparison Program book cover

Measuring the Real Size of the World Economy: The Framework, Methodology, and Results of the International Comparison Program

Author(s): World Bank (Author)

  • Publisher: World Bank Publications
  • Publication Date: 30 April 2013
  • Edition: Illustrated
  • Language: English
  • Print length: 693 pages
  • ISBN-10: 0821397281
  • ISBN-13: 9780821397282

Book Description

“Measuring the Real Size of the World Economy: The Framework, Methodology, and Results of the International Comparison Program-ICP is the most comprehensive accounting ever presented by the International Comparison Program (ICP) of the theory and methods underlying the estimation of purchasing power parities (PPPs). PPPs reveal the relative sizes of economies by converting their gross domestic products and related measurements into a common currency, thereby enabling comparisons based on economic and statistical theory.

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