The Concept of Purchasing Power Parity

With the increased globalization of markets for goods, services, finance, labor and ideas, the need to measure and compare the standards of living between the countries has become very important. Production of goods or services and their prices, which showcases the standard of living are very important for many people like foreign investors, traders, and […]

Indian Salaries Have More Buying Power Than Foreign Salaries

Disappointed your salary looks low compared to H1 visa holders or people working in foreign countries? Next time when you get salary, don’t compare with the person getting more in US doing the same job and get disappointed. Instead multiply your salary by three times as it costs more than 40 percent more to buy […]