Purchasing power parity theory

The Big Mac Index | The Economist

Our interactive currency comparison tool January 12, 2021 TTHE BIG MAC index was invented by The Economist in 1986 as a light guide to whether currencies are at their “correct” level. It is based on the theory of purchasing power parity (PPP), the notion that in the long run exchange …

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Are the BRICS collapsing? – CGTN

Editor’s Note: Ken Moak has taught economic theory, public policy and globalization at the university level for 33 years. The article reflects the views of the author, and not necessarily the views of CGTN. As India and Brazil become increasingly antagonistic towards China, one can be forgiven for suggesting that …

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