ASEAN have some decent market caps and capital stocks for some attrition (from India) to there for sure. Vietnam is in sweet spot of 400 billion market cap. Indonesia is at 900 billion etc.
Bangladesh and especially Pakistan are much less relevant in this hypothetical (Indian tariff level...
Interesting. See the first one is done in "PPS"... a PPP kind of thing again. It has more relevance in end (compared to strict use of say nominal Euro and its exchange rate for Lira etc when we talk of larger human development.
Issue with Turkey is there has been severe economic mismanagement...
Like I said, there is no be all end all. It depends what you are after.
I mean even GDP can be whittled down to improve signal to noise ratio (SNR) and focus on specific things that are more easily vetted end-end (say trade since its hard to fudge that) and offer something qualitative. Relative...
It depends. There are a lot of issues with nominal GDP (converted to USD directly) as well.
It assumes USD based trade/capital flows are
a) something like 20% of total GDP to achieve something close to pareto quantitatively
b) the impact even if a) is met is pareto qualitatively on the...
There are pros and cons to both estimates.
One problem with PPP, is that its reliant on a very low frequency survey (once every 5 years, once every 10 years on some stuff too) for the prices of consumption goods....through what is known as the ICP (International comparison program). This takes...