The Philippine peso is still undervalued by 50% against the dollar, according to the latest update of the Big Mac Index released by The Economist. As of January 2025, a Big Mac costs $5.79 in the ...

It is, they say, “a light-hearted guide to whether currencies are at their ‘correct’ level, based on the theory of purchasing-power parity”. It is remarkable that, since that time, a piece of retail ...

With policy thinking wandering way outside the box these days, both in Donald Trump’s Washington and in reaction to it, I ...

Purchasing Power Parity (PPP) is an economic theory that compares currency values based on a basket of goods, equalising their buying power and exchange rates between different countries.

Threats by US President Donald Trump to cut funding to South Africa has sent the rand tumbling—making an already undervalued ...

On January 20, Donald Trump took the oath of office as the 47th President of the United States of America. This marks a ...

China, a leading nation in the BRICS and the Global South, has chosen in practice, not to follow insanity of the West led ...

Economic theory suggests that in the short-run ... 40 years ago represented around 45 per cent of global GDP, at purchasing power parity, between them compared with more like 25 per cent today.

Despite their opposing ideologies, they may well offer valuable insights into the future of country Just a few years ago, China's rise to superpower status seemed inexorable. Today, many independent ...

The consensus view, then, is that the dollar will remain strong even if the new president occasionally takes to social media to loudly groan about it. There are, though, at least three reasons to ...