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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Bibliographic Details
Main Author: Prekajac Zora
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2007-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2007/1452-595X0701087P.pdf