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Go to the site linked in the article: http://iresearch.worldbank.org/PovcalNet/index.htm?1 http://iresearch.worldbank.org/PovcalNet/index.htm?1 See column titl
by roymurdock 11y ago
Go to the site linked in the article: http://iresearch.worldbank.org/PovcalNet/index.htm?1 http://iresearch.worldbank.org/PovcalNet/index.htm?1
See column titled "Pov.line (PPP$/day)"
Click on column title to bring up this text: http://iresearch.worldbank.org/PovcalNet/Docs/dictionary.html#PL http://iresearch.worldbank.org/PovcalNet/Docs/dictionary.htm...
And there they give you the definition of PPP, aka purchasing power parity, and tell you they are using 2005 rates of consumption.