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Purchasing Power Parities for Policy Making : A Visual Guide to Using Data from the International Comparison Program

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collection.link.337
https://openknowledge.worldbank.org/handle/10986/33621
collection.name.337
International Comparison Program
dc.contributor.author
World Bank
dc.date.accessioned
2021-06-10T21:13:43Z
dc.date.available
2021-06-10T21:13:43Z
dc.date.issued
2021-06-10
dc.date.lastModified
2021-06-11T05:11:48Z
dc.description.abstract
The International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank under the auspices of the United Nations Statistical Commission. It produces comparable price and volume measures of gross domestic product (GDP) and its expenditure aggregates across economies. Through a partnership with international, regional, sub-regional and national agencies, the ICP collects price data and GDP expenditures to estimate purchasing power parities (PPPs) for the world’s economies. This guide provides an overview of how data and indicators based on these ICP outputs are used in a host of analyses, including monitoring progress towards the Sustainable Development Goals, to inform policy making across the socioeconomic spectrum at the national, regional, and international levels. Seventy charts and maps illustrating these uses are organised under eleven policy-focused chapters: the size of the economy and price levels; poverty and inequality; trade and competitiveness; labor costs, wages, and social safety nets; food and nutrition; health; education; energy and climate; infrastructure; human development; and administrative uses. The indicators are produced by the World Bank and other organizations including Eurostat, the Food and Agriculture Organization, the International Energy Agency, the International Labour Organization, the International Monetary Fund, the International Telecommunication Union, the Organisation for Economic Co-operation and Development, the United Nations Development Program, the United Nations Educational, Scientific and Cultural Organization, the World Economic Forum, and the World Health Organization. The guide also highlights notable uses of underlying ICP data on food prices and on public sector wages, as well as the wealth of data from the ICP database itself, such as price levels, real expenditures, and expenditure shares for aggregates below GDP for each economy. In addition, the guide includes a comprehensive chapter on the uses and limitations of PPPs and analyses for which they are appropriate, as well as a technical note outlining the concepts and definitions of terms used. A web-based version (https://www.worldbank.org/en/programs/icp/brief/PPPs-for-Policy ) is also available, and more information can be found on icp.worldbank.org.
en
dc.identifier
http://documents.worldbank.org/curated/en/779381623349931051/Purchasing-Power-Parities-for-Policy-Making-A-Visual-Guide-to-Using-Data-from-the-International-Comparison-Program
dc.identifier.uri
http://hdl.handle.net/10986/35736
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
PURCHASING POWER PARITY
dc.subject
POVERTY MEASUREMENT
dc.subject
POVERTY LINE
dc.subject
INEQUALITY
dc.subject
SHARED PROSPERITY
dc.subject
TRADE
dc.subject
COMPETITIVENESS
dc.subject
PRODUCTIVITY
dc.subject
LABOR COSTS
dc.subject
WAGES
dc.subject
FOOD SECURITY
dc.subject
FOOD CONSUMPTION
dc.subject
HEALTH EXPENDITURE
dc.subject
EDUCATION EXPENDITURE
dc.subject
ENERGY EFFICIENCY
dc.subject
INFORMATION AND COMMUNICATION TECHNOLOGY
dc.subject
INFRASTRUCTURE
dc.subject
HUMAN DEVELOPMENT INDEX
dc.subject
GENDER DEVELOPMENT INDEX
dc.subject
BETTER LIFE INDEX
dc.subject
INTERNATIONAL COMPARISON PROGRAM
dc.title
Purchasing Power Parities for Policy Making
en
dc.title.subtitle
A Visual Guide to Using Data from the International Comparison Program
en
dc.type
Report
en
okr.date.disclosure
2021-06-10
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/779381623349931051/Purchasing-Power-Parities-for-Policy-Making-A-Visual-Guide-to-Using-Data-from-the-International-Comparison-Program
okr.googlescholar.linkpresent
yes
okr.guid
779381623349931051
okr.identifier.externaldocumentum
090224b0886c6fe4_2_0
okr.identifier.internaldocumentum
33163029
okr.identifier.report
160254
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/779381623349931051/pdf/Purchasing-Power-Parities-for-Policy-Making-A-Visual-Guide-to-Using-Data-from-the-International-Comparison-Program.pdf
en
okr.sector
Financial Sector
okr.topic
Macroeconomics and Economic Growth :: Inflation
okr.topic
Poverty Reduction :: Poverty Lines
okr.topic
Science and Technology Development :: Research and Development
okr.topic
Science and Technology Development :: Statistical & Mathematical Sciences
okr.unit
ICP Global Office (DECIC)

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