What Can Be Learned about the Economies of China and India from Purchasing Power Comparisons?
Comparisons of India and China have been made for over fifty years. This chapter focuses on purchasing power estimates in China and India in the 2005 round of the UN International Comparison Program (ICP) that was coordinated by the World Bank, the Regional Banks and Economic Commissions. The 2005 ICP round provides estimates of purchasing power parities of currencies and real product per capita for 146 countries, and the results for China and India are discussed in the context of the size of these economies. It also provides insights into the prospects of future economic growth in China and India and also evaluates policy recommendations of others for these countries.
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
If you think you should have access to this title, please contact your librarian.