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Highlights of major findings

Highlights of major findings. INTERNATIONAL COMPARISON PROGRAMME ICP WESTERN ASIA – 2005 ROUND FINAL RESULTS – ESCWA REGION. Majed Skaini. COUNTRY SHARE OF REGIONAL GDP. AFHC REGIONAL SHARE. COLL. GOVERNMENT REGIONAL SHARE. GROSS FIXED CAPITAL FORMATION - REGIONAL SHARE. Example I: Travel.

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Highlights of major findings

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  1. Highlights of major findings INTERNATIONAL COMPARISON PROGRAMME ICP WESTERN ASIA – 2005 ROUND FINAL RESULTS – ESCWA REGION Majed Skaini

  2. COUNTRY SHARE OF REGIONAL GDP

  3. AFHC REGIONAL SHARE

  4. COLL. GOVERNMENT REGIONAL SHARE

  5. GROSS FIXED CAPITAL FORMATION - REGIONAL SHARE

  6. Example I: Travel • Egyptian travelling to Lebanon for few days • Assuming he will only spend on food and services • In Egypt, he would spend around L.E. 250 for the same period to purchase what he needs of food and services Doing the calculation…

  7. Exchange Rate L.E. 250 L.L. 65,200 AFHC PPP L.E. 250 L.L. 140,000 Same quantity and quality of food and services purchased

  8. Example II: Relocating – Job Offer • Lebanese working in Bahrain for B.D. 3,360 a month • He gets an offer to relocate to Qatar for Q.R. 38,500 a month • Does he take the offer and relocate to Qatar? • Will he be enjoying the same or better well being?

  9. Exchange Rate B.D. 3,360 < $9,000 Q.R. 38,500 > $10,500 AFHC PPP Q.R. 38,500 = B.D. 3,342 < B.D. 3,360

  10. PLIRegion=100

  11. PerCapita GDP relative to Average Regional PerCapita GDP (Region=100)

  12. In Which Economies Are People Better Off?AFHC as % of Regional average

  13. WHO is INVESTING MORE for the FUTURE?Real v/s Nominal GFCF (Region Average=709)

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