The economies of India and China could be larger than many people have thought. A new study from the World Bank now has some experts predicting that China will become the world's largest economy--by one measure--this year. The same study says that India's economy could pass Japan's as the world's third largest.

To get their results, the researchers used a different way to measure the size of a nation's economy. Usually economists measure by a country's gross domestic product: the value of all goods and services it produces. But, some say a different method called purchasing power parity, or PPP, is a better measure. It examines differences in the cost of living among nations.

The report is from the International Comparison Program, which was established by the United Nations. The results are based on prices in 20xx. Kamel Mellahi is a professor at the University of Warwick in Britain. He says PPP provides

economists with a way to compare the costs of ordinary things that people need in different countries.

"You take a basket of goods that we all buy, including milk, butter, sugar, go(ing) to the movie, price of (a) haircut, in different countries and they look at the cost of that in different countries."

Experts then establish a base exchange rate and use it to compare economies.

The gross domestic product measure uses market-based exchange rates to compare economies. They are exchange rates paid by travelers and exporters. So the main difference between GDP and PPP is how exchange rates are computed.

Greg McBride is Chief Financial Analyst at Bankrate.com. He says PPP avoids some problems. But it is more like an estimate than a measurement.

"There is a huge margin of error there that I think can really throw the validity of the whole thing into question."

World Bank information shows that China's GDP was about eight trillion dollars in 20xx. That was half the size of the 16-trillion-dollar US economy.

However, Professor Mellahi says the GDP measurement

economies.

"With traditional GDP, people always said it underestimates the size of economies in developing countries, and some of the emerging economies."

The economies of China and India continue to grow at rates higher than most developed economies. However, China and India rate far below other large economies when their economies are compared with their populations. underestimates developing

I'm Mario Ritter.

 

第二篇：晨读心得

时光飞逝，转眼又是一年春暖花开，又意味着一年大学生活的结束。在入学以来的十多年里真是回忆满满，收获颇多。就拿这大学生活的一年里来的晨读来说吧！经历了这么多次的晨读后还真有点韵味可言。

首先，我很感激父母给了我来大学成长的机会，更是很荣幸地加入了读书协会。在加人读书协会以来晨读对我的感触最为深刻，我体会到早晨真可谓是一天最美好的时间段，所谓“一年之季在于春，一日之时在于晨。”真是没错啊！

早晨，最干净的空气,最好的心情和最好的记忆，它们组合成一个彩色花环将我紧紧围绕于晨读的乐趣中。晨读不光使我走出了懒惰，也增长了我的见闻，也增强了我的自信心，也让我的大学生活变得五彩缤纷和更加的充实。

其次，在晨读中我分别参加了校园晨读和社区晨读。在校园晨读中我体会到能够抱着自己喜欢的书大声朗读于金龙湖畔，明德广场，和学校的林荫小道旁真是一种美的享受，也让我了解到能在校园晨读真的是一件幸福的事，没有任何的顾忌的读书真是好惬意好开心。而社区晨读中我也体会到人们对知识的渴望，真是让我觉得来对了地方，一句话是这样讲的“一个不读书的人是不能进步的，一个不读书的民族是没有希望的，一个不读书的国家是倒下的”。是啊，晨读多好啊！每当我来社区晨读看到他们那认真的跟读和认真寻求解答时的样子就在我脑海中印下烙印。不过，在我去过的社区中有一个名叫A

的小区，那儿的晨读有点糟糕，但是在那儿我也学到了人与人之间需要换位思考，并且，我应该好好培养对突发情况的反应和处理能力，对待人应该以真诚的心去打动对方，当别人不理解时要作好沟通，让对方理解到你想干什么？为什么这样做？这样做的好处？光会这些还不够，还应该怀着一颗感恩之心，一虚心受教之心，一颗热情之心和一颗微笑之心。所谓“微笑是和煦的春风可以吹绿大地，微笑是温暖的阳光可以照亮黑暗，微笑更是一团炽热的火可以熔化人心里的冰川”。我深信“有志者事竟成”。

最后，在晨读中我有说不完的体会尽在不言中，晨读的好处只有你亲身体会才知道是那么的美妙！所以我想说今天您晨读了吗？今天您收获了吗？