The 2005 global report on purchasing power parity estimates: A preliminary review

  • 15/03/2008

  • Economic and Political Weekly

The fifth (2005) round of the World Bank's International Comparison Program, which produces estimates of the gross domestic product at purchasing power parity prices, has been the most extensive and carefully monitored project so far. The preliminary estimates were noticeable for the large downward revisions of GDP estimates of China and India. March 15-21, 2008