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The Netherlands, where retirees enjoy the highest purchasing power in Europe, provides an example.
This preacher shouted, "Amen!" The value of the minimum wage has been declining for more than four decades, falling from its highest purchasing power in 1968.
They have the world's second highest nominal Gross Domestic Product (GDP) after the US, the highest purchasing power, and are attributing to a third of the world's economic growth.
The decrease was 7.8% in patients living in a community with the lowest compared to the highest purchasing power.
The proportion of individuals with multimorbidity increased from 74.8% in communities with the highest purchasing power to 77.4% in communities with the lowest purchasing power.
The standardised data in the present study are based on the statistical report of the international polling institute GFK and range from −1.8 (zip codes with lowest purchasing power) to 6.6 (zip codes with highest purchasing power).
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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.
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.
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.
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CEO of Professional Science Editing for Scientists @ prosciediting.com