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power parity (n.)   Purchasing power parity  GDP per capita
adjusted for purchasing power parity (PPP) in the world, 2007
Purchasing power parity adjustment for the world (2003). The
economy of the United States is used as a reference and is set
at 100. Bermuda has the highest index value at 154; this means
that goods sold there are more expensive than in the US.
There can be marked differences between purchasing power
adjusted incomes and those converted via market exchange
rates.[4] For example, the World Bank's World Development
Indicators 2005 estimated that in 2003, one Geary-Khamis dollar
was equivalent to about 1.8 Chinese yuan by purchasing power
parity[5]—considerably different from the nominal exchange rate.
This discrepancy has large implications; for instance, whe