Professor Wendell Cox has used the 2013 IMF economic statistical data to make comparisons between the US, Europe, China, India, and Japan from 1980 to 2018.
There was a Worldbank adjustment of purchasing power parity based on a new 2011 survey. This result boosted the purchasing power parity (PPP) levels of China and India by about 24%.
Europe has lost about 25-30% PPP GDP relative to the United States from 1980 to 2014 and is expected to lose more from 2014 to 2018.
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There was a Worldbank adjustment of purchasing power parity based on a new 2011 survey. This result boosted the purchasing power parity (PPP) levels of China and India by about 24%.
Europe has lost about 25-30% PPP GDP relative to the United States from 1980 to 2014 and is expected to lose more from 2014 to 2018.
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