"high purchasing power" is correct and usable in written English.
It is usually used to refer to a group of people or countries with a relatively large amount of money available for spending on goods and services. For example: "Many countries in Europe have a high purchasing power, making them attractive markets for foreign companies."
This influx of international workers — and their associated high purchasing power — has helped sustain price growth in the real estate sector and is "one of the main factors driving demand," Mr. Varley said.
Among the factors contributing to the industrial base are an abundant supply of fossil fuels and hydroelectric power, a variety of raw materials, considerable available capital; and a relatively high purchasing power per capita.
Sociologists also point to the liberal, feel-good youth culture that blossomed since the end of the Franco dictatorship - now coupled with historically high purchasing power that keeps suburban mega-discos and chic city bars doing a lucrative business until dawn.
With national self-esteem rising and inequality falling, Brazil is poised under the next president to fulfil his dream of becoming "a country in which the great majority are middle-class" with high purchasing power and access to better education and health.
The value of a commodity is allocated by the market.However, when the market is shaped by giant water corporations like Suez and Bechtel, or bottled water companies like Coca-Cola, Pepsi and Nestle, water is stolen from local communities without economic power and sold to those with high purchasing power in distant places.
Switzerland is a particularly interesting case due to its comparatively high purchasing power.
This higher "purchasing power" boosted our consumption of cars (30% higher than it would have been), household durables – such as whitegoods (25%), food (20%) and communications (8%).
Whether the rural poor will actually benefit from China's new trading powers, gaining more skills and higher purchasing power, will depend on whether the government provides them with a better education, entrepreneurial opportunites, and greater civil rights.
Even after allowing for higher purchasing power in a low-cost country, the World Bank puts national income per person at only $3,300, below that of several sub-Saharan African states.
That will remain one of the most buoyant markets in India, thanks to favourable demographics, changing cultural and consumption patterns, higher purchasing power and the spread of financial services outside the big cities.
