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Purchasing power parity (PPP) is an economic concept that compares the relative value of currencies by examining the cost of identical goods and services across different countries. It helps determine ...
The Journal of Developing Areas, Vol. 41, No. 2 (Spring, 2008), pp. 205-231 (27 pages) For the small open economy of Botswana the PPP theory is validated in both the absolute and relative version for ...
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