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These two stand out as emerging-market currencies that trade well above their Big Mac PPPs.
ECONOMIST: The Big Mac Index
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Although PPPs are not new to America, they remain underused as an engine for transportation infrastructure investment.
CNN: Road tax alternative: Pay for each mile you drive
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Earlier this week Saugata Ray, the Minister of State for Urban Development, called for more PPPs.
FORBES: Infrastructure Investment in India Falls Off a Cliff
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The engagement of the private sector and the development of public-private partnerships (PPPs) in education are not new.
UNESCO: The UNESCO Courier
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And they are still on the look out for investors to back the planned PPPs along seven corridors connecting its megacities and soon-to-be megacities.
FORBES: Richard Branson, India's High-Speed Savior?
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PPPs can be a handy guide to the cost of living in countries, they may not be a reliable guide to future exchange-rate movements.
ECONOMIST: Big MacCurrencies
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PPPs by nature have a customer-service ethic that government-operated roadways lack.
CNN: Road tax alternative: Pay for each mile you drive
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Private investors profit from PPPs primarily through toll revenue.
CNN: Road tax alternative: Pay for each mile you drive
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Investors also stand to profit from PPPs -- that's why they invest in the first place -- so it's in their interest to attract motorists through efficient operation, rigorous safety standards, and fast, thorough repairs.
CNN: Road tax alternative: Pay for each mile you drive
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The 2005 ICP round provides estimates of purchasing power parities (PPPs) of currencies and real product per capita for 150 countries, and the results for China and India are discussed in the context of the size of these economies.
FORBES: Buy India, Sell China
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PPPs are not a panacea.
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The speakers in this event will address the main challenges and opportunities to support the growing momentum for PPPs in education through their innovative examples, impact evidence, successful criteria for sustainable partnerships, recommendations for effective partnerships, and support mechanisms that could facilitate these partnerships in education.
UNESCO: The UNESCO Courier