PowerPoint Presentation

Economic Profile of a CountryOECD Countries

Team MexicoRegalado USMejorada - CanadaPineda IsraelShimoya JapanGarcia South KoreaRono - Mexico

Land of the FreeHome of the BravePatricia Minette Pretty Regalado

Patricia Regalado

ECONOMY(Q2, 2013)GDP $16.63 TPPP 6thPer capita $ 51,688Growth 1.7%(2012)The U.S. economy and fairly sound monetary policy has led to faith in the U.S. dollar as the world's most stable currency.

http://en.wikipedia.org/wiki/Economy_of_the_United_States^abc. Bureau of Economic Analysis, Department of Commerce. July 31, 2013Income and Product Accounts Gross Domestic Product, second quarter 2013 (advance estimate); Comprehensive Revision: 1929 through 1st quarter 2013 http://www.bea.gov/newsreleases/national/gdp/2013/gdp2q13_adv.htm=National Income and Product Accounts Gross Domestic Product, second quarter 2013 (advance estimate); Comprehensive Revision: 1929 through 1st quarter 2013. Retrieved August 1, 2013.^abcde"United States". International Monetary Fund. Retrieved January 4, 2013.

6

gross domestic product(GDP)the market value of all final goodsand services produced within acountry in a given period of time

Y =C +I +G + NX.

consumptionspending by households on goodsand services, with the exception ofpurchases of new housinginvestmentspending on capital equipment,inventories, and structures,including household purchases ofnew housinggovernment purchasesspending on goods and services bylocal, state, and federal governmentsnet expor tsspending on domestically producedgoods by foreigners (exports) minusspending on foreign goods bydomestic residents (imports)7

316,364,000AMERICANS201382% 15% UrbanPovertyhttp://www.census.gov/popclock/http://www.indexmundi.com/united_states/demographics_profile.html8

155,798,000144 MEMPLOYEDUNEMPLOYED11M7.4%155798000 is almost 50% of the whole US population7.4 unemployment rate compared to 8.2% july of last yearhttp://www.dlt.ri.gov/lmi/laus/us/usadj.htm10

The US is a market-oriented economy, where private individuals and business firms make most of the decisions, and the federal and state governments purchase goods and services predominantly from the private marketplace.

the US economy is best described as a mixed economy where the economic structure is upheld through the interactions between the private, public and international sector.

"Free market" essentially means that producers are free to enter a line of business and sell their products at whatever price they can charge; meanwhile consumers are free to buy whatever products they want at whatever price they are willing to accept.

12

FDI$ 2.3 T (Foreign Direct Investment)Investments Abroad$ 3.3 T Afree market economymeans no government intervention to try and influence the market, and decisions are made by consumers and producers what to produce and prices are set accordingly.

The US is a market-oriented economy, where private individuals and business firms make most of the decisions, and the federal and state governments purchase goods and services predominantly from the private marketplace.

The largest investor and the most heavily invested-into country in the world

14

& INVESTED country in the

Political EconomicThe United States is the most significant nation in the world when it comes to international trade. For decades, it has led the world in imports while simultaneously remaining as one of the top three exporters of the world.As the major epicenter of world trade, the United States enjoys leverage that many other nations do not. For one, since it is the world's leading consumer, it is the number one customer of companies all around the world. Many businesses compete for a share of the United States market. In addition, the United States occasionally uses its economic leverage to impose economic sanctions in different regions of the world. USA is the top export market for almost 60 trading nations worldwide.Since it is the world's leading importer, there are many U.S. dollars in circulation all around the planet. 16

Technologically advanced economyMANUFACTURING FINANCEINFORMATION TECHAUTOMOBILESThe US is one of the most technologically advanced economies in the world, leading the Global Innovation Index and coming in 9th for the World Banks Knowledge Economy Index. As such, they also lead the world in industries such as manufacturing and finance, and are among the top three nations in industries such as commercial aircrafts and automobiles production.18

AGRICULTURESERVICE1.2 %79.2 %

FINANCIAL CRISIS2008

CHINA OVERTAKESUSA BY 2030

WORK IT. If US does not work it out soon, it is really whats gonna happen eventually. 23Reference

http://www.bea.gov/newsreleases/national/gdp/2013/gdp2q13_adv.htm=National Income and Product Accounts Gross Domestic Product, second quarter 2013 (advance estimate); Comprehensive Revision: 1929 through 1st quarter 2013. Retrieved August 1, 2013.http://www.census.gov/popclock/http://www.indexmundi.com/united_states/demographics_profile.htmlhttp://www.dlt.ri.gov/lmi/laus/us/usadj.htmhttp://www.saylor.org/site/wp-content/uploads/2012/07/US-Economy-Profile.pdfhttp://qz.com/105697/more-of-the-world-thinks-china-has-already-overtaken-the-us-as-the-no-1-economic-power/

CanadaRoberto Paolo G. Mejorada

North

The Great White Roberto Paolo G. Mejorada

GDP (Purchasing Power Parity)$1.446 trillion (2012 est.)$1.418 trillion (2011 est.)$1.385 trillion (2010 est.)note:data are in 2012 US dollarsGDP (official exchange rate)$1.77 trillion (2012 est.)GDP - real growth rate1.9% (2012 est.)2.4% (2011 est.)3.2% (2010 est.)GDP - per capita (PPP)$41,500 (2012 est.)$41,200 (2011 est.)$40,600 (2010 est.)note:data are in 2012 US dollarsGDP - composition by sectoragriculture:1.8%industry:28.6%services:69.6% (2012 est.)

Population below poverty line9.4%note:this figure is the Low Income Cut-Off (LICO), a calculation that results in higher figures than found in many comparable economies; Canada does not have an official poverty line (2008)Labor force18.85 million (2012 est.)Labor force - by occupationagriculture:2%manufacturing:13%construction:6%services:76%other:3% (2006 est.)Unemployment rate7.3% (2012 est.)7.5% (2011 est.)Unemployment, youth ages 15-24total:15.3%male:18.1%female:12.4% (2009)

Investment (gross fixed)23.7% of GDP (2012 est.)Budgetrevenues:$679.3 billionexpenditures:$746.8 billion (2012 est.)Taxes and other revenues38.4% of GDP (2012 est.)Budget surplus (+) or deficit (-)-3.8% of GDP (2012 est.)Public debt84.1% of GDP (2012 est.)87.4% of GDP (2011 est.)note:figures are for gross general government debt, as opposed to net federal debt; gross general government debt includes both intragovernmental debt and the debt of public entities at the sub-national level

Agriculture - productswheat, barley, oilseed, tobacco, fruits, vegetables; dairy products; fish; forest productsIndustriestransportation equipment, chemicals, processed and unprocessed minerals, food products, wood and paper products, fish products, petroleum and natural gasIndustrial production growth rate3.7% (2011 est.)Agriculture - productswheat, barley, oilseed, tobacco, fruits, vegetables; dairy products; fish; forest productsIndustriestransportation equipment, chemicals, processed and unprocessed minerals, food products, wood and paper products, fish products, petroleum and natural gas

Exports$481.7 billion (2012 est.)$463.1 billion (2011 est.)Exports - commoditiesmotor vehicles and parts, industrial machinery, aircraft, telecommunications equipment; chemicals, plastics, fertilizers; wood pulp, timber, crude petroleum, natural gas, electricity, aluminumExports - partnersUS 73.7%, UK 4.2% (2011)Imports$480.9 billion (2012 est.)$460.7 billion (2011 est.)Imports - commoditiesmachinery and equipment, motor vehicles and parts, crude oil, chemicals, electricity, durable consumer goods

Sourcehttp://www.indexmundi.com/canada/economy_profile.html

The HolyLandKarina Pineda

It exports pharmaceuticals, diamonds and technology while it imports raw materials, crude oil, grains, and military equipment. 341980sAnti-inflation/Privatization Technologically advanced

1990s2000sBack in the 1980s, its economy was mostly controlled by the government, having trade unions and restrictions, and public ownership. The latter part of the decade until the 1990s consisted of anti-inflation and privatization measures, which proved to be successful. By the turn of the 21st century, Israel had already established itself as a technologically advanced country. This was caused by its defense industry, a large number of Jewish researchers, and skilled science and engineering immigrants from the 1990s. During the global recession between 2008-2009, Israel also experienced a bit of a recession, but managed to not only recover but advance from the crisis. 35

2010

It officially joined the Organization for Economic Co-operation and Development in 2010 36

GDP$247.9 billion2% Growth$72.00 billion$62.64 billionExpenditures & Revenue

Its Gross Domestic Product as of 2012 is $247.9 billion, which indicates a 2% growth rate from the previous year. The countrys revenues are a total of $62.64 billion while its expenditures are $72 billion.

37

agriculture: 2.5% industry: 31.4% services: 66.1%GDP by sector

Its Gross Domestic Product as of 2012 is $247.9 billion, which indicates a 2% growth rate from the previous year. The countrys revenues are a total of $62.64 billion while its expenditures are $72 billion.

38

Population below poverty line: Unemployment: Labor Force: Labor Force by sector:

23.6%6.3%3.269 million agriculture: 2% industry: 16% services: 82%

Sourceshttp://oecdobserver.org/news/fullstory.php/aid/3544/A_profile_of_the_Israeli_economy.htmlhttp://www.indexmundi.com/israel/economy_profile.html

Its Gross Domestic Product as of 2012 is $247.9 billion, which indicates a 2% growth rate from the previous year. The countrys revenues are a total of $62.64 billion while its expenditures are $72 billion.

40

The Land of the Rising SunFumie Shimoya

LOCATED IN EAST ASIAHIGHLY INDUSTRIALIZED ECONOMYRICH CULTURE

POPULATION: 127.25 million

Labor Force: 65.02 million

Unemployment Rate: 3.3%One of the biggest challenges for the Japanese government face is its aging population and a negative population growth rate. Japan has one of the highest proportions of elderly citizens aged over 65 in the world at about 24.8 percent of the population. Much of this problem is due to its low birth rate and high life expectancy. Japan has a total fertility rate of 1.39, which is the 17th lowest in the world.

43

GDP: 5.867 trillion USDGNP: 4.431 trillion USD With its lack of natural resources, Japan rely on the imports of commodities such as fuels, foodstuff, chemical, textiles and raw materials from various countries for its industrial sectors. Japan is the world's third largest oil importer, with 5.033 million barrels per day to meet 45 percent of its energy needs in 2009. Japan boasts the largest fishing fleets in the world, accounting for almost 15 percent of the global catch.

44

GDP Components:72.1% - Services (banking, insurance, retailing, transportation and telecommunications)26.4% - Industrial (manufacturing)1.4% - Agricultural (crops, fruits and vegetables)

Imports: $68.7 billion (raw materials such as oil, foodstuffs and wood)Exports: $58.6 billion (cars, electronic devices and computers)

The Tokyo Stock Exchange is the third largest stock exchange in the world by market capitalization with a total market capitalization of US$3.3 trillion as of December 2011. Japan is also home to 326 companies from the Forbes Global 2000.46