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The ABCs of PPPs in an FT video

Merrell Tuck-Primdahl's picture

Yesterday the International Comparison Program released the summary results and findings of the 2011 ICP covering 199 economies. FT economics editor Chris Giles explains the uses and limitations of PPPs in this video, plus he discusses the results of his own calculations regarding the estimated standing of the US and other big economies for 2014. Clearly the world is changing fast. There is also a useful 'explainer' blog by Data Group Director Haishan Fu on the Open Data blog.

China economy set to overtake US