Fundamentals of Purchasing Power Parities (PPPs) (Self-Paced)
Self-Paced eLearning

Fundamentals of Purchasing Power Parities (PPPs) (Self-Paced)

Purchasing power parities (PPPs) are the rates of currency conversion that equalize the purchasing power of different currencies by eliminating the differences in price levels between countries. In their simplest form, PPPs are simply price relatives that show the ratio of the prices in national currencies of the same good or service in different countries. They make it possible to compare the gross domestic product (GDP) and component expenditures of economies in real terms by eliminating the price level differences between them. The price and national accounts expenditure data required to estimate PPPs are collected through the International Comparison Program (ICP). A global statistical initiative, the ICP estimates and publishes the PPPs of the world’s economies. Since the demand for comparable GDP and component expenditures is high, PPPs play a key role in the analyses carried out by policymakers, multilateral institutions, academia, and the private sector. Upon completing the course, the participants will be able to comprehend the key PPP concepts and data requirements; understand the ICP program; connect PPPs with their uses and applications; and grasp basics of PPP calculation methods and processes.

Join the Discussion

Nirmal

- Jan 8, 2021
great course

Saint-Martin Kodjovi

- Dec 19, 2020
Very informative

MOHAMMAD

- Nov 19, 2020
nice course

Daniel

- Aug 17, 2020
This is a very interesting course, opens up one's mind on how comparison of economies is done world wide from national to global level.

David

- Apr 22, 2020
Good Information

Md. Babar

- Apr 18, 2020
Interesting

Waqar Aamir

- Oct 25, 2019
Great

Vedat

- May 21, 2019
Interesting information!

Jafar

- Apr 4, 2019
Topik sangat menarik

Jafar

- Apr 4, 2019
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