A method to allow for comparison of household purchasing power across countries, adjusting for price differences. PPPs compare the purchasing power of monetary units in different countries. A PPP ...

Purchasing power parity (PPP) is an economic theory that posits that goods and services should cost the same amount everywhere once currencies are exchanged. In other words, one U.S. dollar should ...

Tamil Nadu has asked the 16th Finance Commission to consider adopting a different method for measuring per capita income – ...