A Review of PPP-Adjusted GDP Estimation and its Potential Use for the Fund's Operational Purposes

A Review of PPP-Adjusted GDP Estimation and its Potential Use for the Fund's Operational Purposes
International comparison of economic aggregates, expressed in domestic currencies, requires their conversion into a common numeraire currency such as the U.S. dollar or the SDR. Since market (or official) exchange rates are subject to fluctuations which may result in comparisons that do not reflect cross-country differences in real economic... READ MORE...

Publication date: February 1995
ISBN 9781451843613
$15.00

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