Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/176247 
Authors: 
Year of Publication: 
2008
Series/Report no.: 
Working Paper No. 229
Publisher: 
Indian Council for Research on International Economic Relations (ICRIER), New Delhi
Abstract: 
Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank, the Regional Banks and Economic Commissions. The 2005 ICP round provides estimates of purchasing power parities (PPPs) 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 as also policy recommendations for China and the likely scenarios in the future.
Subjects: 
purchasing power
China
India
economic growth
tertiary sector
capital stock
JEL: 
F4
F41
F43
Document Type: 
Working Paper

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