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IMF Applications of Purchasing Power Parity Estimates

The IMF’s main uses of the International Comparison Program’s (ICP) estimates of purchasing power parity (PPP)-adjusted Gross Domestic Product (GDP) are as an element of the formula used to help guide decisions on its members’ quotas and in the World Economic Outlook (WEO). The paper outlines these...

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Bibliographic Details
Main Author: Silver, Mick
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2010
Series:IMF Working Papers
Subjects:
National Government Expenditures And Related Policies: Infrastructures
Market Exchange Rates
Public Finance & Taxation
Currency; Foreign Exchange
Purchasing Power Parity
Other Public Investment And Capital Stock
National Government Expenditures And Related Policies: General
Expenditure
Foreign Exchange
Expenditures, Public
Public-private Sector Cooperation
Exchange Rates
Public Investment And Public-private Partnerships (ppp)
Public Finance
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The IMF’s main uses of the International Comparison Program’s (ICP) estimates of purchasing power parity (PPP)-adjusted Gross Domestic Product (GDP) are as an element of the formula used to help guide decisions on its members’ quotas and in the World Economic Outlook (WEO). The paper outlines these uses and considers measurement issues particularly salient to IMF usage including: PPP imputations for member countries not participating in the ICP; PPP estimates for non-benchmark years; timeliness and periodicity of PPP estimates; economy groupings; and transparency. The paper was written as a chapter on ?IMF uses of PPPs? for the 2011 ICP Handbook
Physical Description:19 pages
ISBN:9781455209538

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