Comparison of real development levels of countries: Genesis and perspectives
Comparison of levels of development among countries is usually done by reducing values in national currencies with a common denominator, using the official exchange rate. Because of its unreality, the values calculated in this way do not illustrate real relations between compared countries. That bri...
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Format: | Article |
Language: | English |
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Economists' Association of Vojvodina
2007-01-01
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Series: | Panoeconomicus |
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Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2007/1452-595X0701087P.pdf |