Geary-Khamis dollar

From Wikipedia, the free encyclopedia

The Geary-Khamis dollar, also known as the international dollar is a sophisticated aggregation method for calculating economic comparisons between countries. It is based on the twin concepts of purchasing power parities of currencies and the international average prices of commodities. The year 1990 is often used as a benchmark year for comparisons that run through time.

It was proposed by Roy C. Geary in 1958 and developed by Salem Hanna Khamis in 1970 to 1972.

[edit] References

• Nations and firms in the global economy Ch. 11 Globalization and economic growth
• Handbook Of The International Comparison Programme. Annex II - Methods Of Aggregation . Statistical definition at the UN United Nations Statistics Division . 2007
• Geary R.C. 1958. An International Comparison of National Products and Purchasing Power of Currencies OEEC, Paris

v • d • e Currencies named dollar or similar
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Current, formerly a.k.a. dollar	Malaysian dollar
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Defunct, a.k.a. dollar	Chinese yuan
Conceptual	Eurodollar · International dollar · Petrodollar · Geary-Khamis dollar
Fictional	Dollarpound
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See also	Dollar sign · Holey dollar · Slovenian tolar · Thaler