New York City, January 25, 2006.

PPP, or the Purchasing Power Parity, is the way economists look at what
a nation’s currency actually buys in goods and services, and not on the
basis of its exchange rate against the US dollar. The PPP can thus give
us more accurately the effective size of an economy, rather then the
impact of exchange rates that can easily be manipulated from outside,
or even from inside, the particular country.

The Indian New Kerala web site ( www.newKerala.com ) quotes William T
Wilson, chief economist for the Chicago-based Keystone India, a firm
that provides cross-border trade facilitation and asset management
services in India and the US, as saying that after growing at 8.5% in
2003 and 6.9% in 2004, India’s economy is expected to grow 7.8% in
2005-2006, and 7.0% in 2006-2007.

The US has by far the largest economy in the world worth $ 10,978
billion., followed by China at $ 6,410 billion, Japan at $ 3,629
billion, India at $ 3,062 billion, and Germany at $ 2,279 billion. They
are followed by France, Italy, the UK, and Brazil. But, with the
expected growth figures mentioned above, India is expected in 2006 to
pass the $ 4 trillion figure and eclipse Japan taking over the third
place in term of PPP, only surpased by the US and China.

China and India, having started on a path of development, and with
their billion people populations have a tremendous purchasing power
that is being satisfied by increased production. These internal markets
are pushing their economies, so in effect they do not have to be export
dependent.

At SustainabiliTank.info we hope that this trend creates also a
larger
middle class needed in order to increase also demand for environmental
responsibility and participation in the debate on global environmental
issues.