Talk:International dollar
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Geary-Khamis dollar is the proper term for a purchasing power parity or international dollar. I would shift the text of international dollar to Geary-Khamis. Rtol (talk) 19:39, 22 January 2008 (UTC) (a professor of economics)
Okay, I've conducted a cursory search, and I can't find a single external reference to this anywhere, and there are none in the article itself. I suspect original research. Cites, please? --Calton 00:51, 13 Dec 2004 (UTC)
Is this page intended as a joke or a hoax? This sounds awefuly fishy. 209.91.180.147 17:00, 13 Dec 2004 (UTC)
I believe this is a hoax and it gives no references. I have marked it as factually disputed. Unless someone can come up with references for this, it belongs on VfD. -- Jmabel | Talk 23:06, Dec 13, 2004 (UTC)
Either a hoax or an original proposal. VfD it. Kappa 23:10, 13 Dec 2004 (UTC)
There's no "international dollar"
editClarify the article. The "international dollar" is the "purchasing power parity" of currencies compared to for example the US dollar. "currency unit that has the same purchasing power as the U.S. dollar has in the United States", that's baloney. It's the purchasing power of the currency anywhere in the world. If a dollar buys another currency it will get just as many times as much things of the things the purchasing power exchange rate is coming from as the the times the ppp exchange rate is higher than the currency exchange rate. Suck on that sentence for a while. The USD to Chinese Yuan exchange rate is 8.2765, the USD to Yuan estimated PPP exchange rate is 1.816. But a USD can probably buy 8 yuan anywhere in the world, and with those yuans buy 50 pounds of rice (in china, denominated in yuan) or whatever that purchasing power parity is estimated from. - Jerryseinfeld 19:38, 14 Dec 2004 (UTC)
- The following World Bank glossary features international dollars in the GDP section:
- (http://www.worldbank.org/data/databytopic/topnotes.html)
- Furthermore a google search resulted in a couple of links.
- First there appears to be a booklet: C. J. Devine Institute of Finance (1959): The International Dollar Problem, New York. (http://kirke.hbz-nrw.de/dcb/Alle_025/Buecher_23/in_NRW_20/005484056.html) I did not read it so I don't know what it is about, but it is available at the University Library at Bielefeld, Germany.
- Then this web page uses international dollars to define purchasing power parity.
- (http://www.lexas.net/definitionen/kaufkraftsparitaet.htm)
- There is also a research paper from the University of Vienna, using International Dollars as the currency of choice for its figures :(http://www.univie.ac.at/Wirtschaftsgeschichte/Stiefelpub-Dateien/Osteuropa%20Oesterreich.htm)
- Another webpage compares different GDPs, and using the Worldbank definition of International Dollars:
- "An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States." (http://www.pdwb.de/w_bip_eu.htm)
- So I would say the article should not be deleted but maybe extended. tophcito 02:19, 18 Dec 2004 (UTC)
- The last two articles can be found, and look legitimate. The others are dead links. The U of Vienna article simply uses the term without explaining it. Only the last looks useful to clarify the meaning; the relevant quotation is produced above; it's an isolated English-langauge quotation in a German-language document, not exactly a first-rate citation, but probably valid. The wording is quite confusing: "purchasing power over GDP"? I'd really like to see the World Bank's own wording. I'm guessing that what they mean to say is "An international dollar has the same purchasing power in the country in question as a U.S. dollar has in the United States." -- Jmabel | Talk 02:51, Dec 18, 2004 (UTC)
- In fact, the WHO uses the international dollar for part of their statistics. A google define: search on international dollar was what led me to this article. Majromax 05:24, 2 May 2005 (UTC)
VFD Discussion
editThis article was proposed for deletion December 2004. The archived discussion is available at Wikipedia:Votes for deletion/International dollar.
Some airports in the Caribbean use the term "International Dollar"
editTo mean US$, do other airports use this term too?
Other locations I found online with the term "International Dollar"
- The American Express "International Dollar" Charge Card
http://www.americanexpress.com/lacidc/en/homepage.shtml
On the link above Int. Dollar is listed under:
- GDP per capita, PPP (constant 1987 international $)
- GDP per capita, PPP (current international $)
- GDP, PPP (constant 1987 international $)
- GDP, PPP (current international $)
- "The European Union, Budget Deficits, and Investment
http://iblsjournal.typepad.com/illinois_business_law_soc/international_business/
Germany, France, and Italy are all America’s top ten trading partners, trading close to 20 billion dollars’ worth of goods every year (1). However, the economic growth of the European Union is a risk as well as an opportunity for American business. A strong Euro makes for a weak dollar, decreasing the investment and buying power of American businesses abroad (2). Furthermore, the Euro may replace the US dollar as the international standard. " CaribDigita 16:43, 13 May 2005 (UTC)
Numismatics?
editWhy {{Numismaticnotice}} at the top of this talk page? I thought that numismatics dealt only with artifacts, such as coins, notes, stock certaficates, etc., whereas the "international dollar" is an abstraction. -- Jmabel | Talk 01:47, 21 October 2005 (UTC)
- Sorry for the late reply. I just noticed this comment. You can see numismatics for a definition, but the short answer is that numismatics is the study of currency. This is a theoretical currency, and thus worthy of numismatic study. Ingrid 00:59, 11 January 2006 (UTC)
Geary-Khamis dollar is the proper term for a purchasing power parity or international dollar. I would shift the text of international dollar to Geary-Khamis. Rtol (talk) 19:39, 22 January 2008 (UTC) (a professor of economics)
Another external link
editThere is an Economics web site in Swedish and English (http://www.historicalstatistics.org/) that not only explains the Term of this section but has downloadable spreadsheets denominated in Geary-Khamis $ going back to the year zero for certain countries. The data is sparse of course. the author has a phd from univ of Stockholm. He lists his email if someone can pursue.wgoetsch (talk) 18:47, 24 March 2013 (UTC)
Table shows wrong statistic?
editThe table shows 1 for the US, which would imply that there was no inflation of USD from 2000 to 2018. I think the values in the table probably describe some other metric than the GK dollar. — Sonata Green (talk) 03:24, 17 January 2020 (UTC)