Transcript Snímka 1

doc. Ing. Tomáš Dudáš, PhD.
Quiz
 Global rank of the US economy according to GDP?
 GDP?
 GDP/c?
 Unemployment?
 Inflation?
 Largest US corporation?
 Chef of FED?
 Basic FED interest rate?
 Openness of the economy?
 Largest export partner?
US Economy – Basic Data
 Nominal GDP – 16,72 billion USD (2013 est.)
 GDP/c – 52 800 USD (2013 est.)
 GDP by sectors – 1,1 %-19,5 %-79,4 %
 Employment by sectors – 0,7 %-22,5 %-76,8 %
 GDP growth in 2013 – 1,6 %
Real GDP growth in the USA 2008-2014
GDP growth and inflation 2004-2014
Gini coefficient in the USA – 1910-2009
Development of main financial markets
USA – Foreign Trade Data
 Openness – 24,6 % (foreign trade/GDP in 2012)
 Export - Canada 18.9 %, Mexico 14 %, China 7.2 %, Japan
4.5 % (2012)
 Import - China 19 %, Canada 14.1 %, Mexico 12 %, Japan 6.4
%, Germany 4.7 % (2012)
 Largest trade deficits in 2013 – China 318.4 billion USD,
Japan 73,4 billion USD, OPEC 68 billion USD, Mexico 5456
billion USD
US-Chinese economic relations
 One of the most important bilateral relationships in the
global economy
 China is the largest exporter in the world economy – USA is
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the largest economy
16.7 % of the Chinese export is going to the USA (2012)
USA has the largest trade deficit with China
China is the largest foreign holder of US treasuries – 1 269
billions of USD as of August 2014
China has the largest currency reserves in the world – 3,9
trillion USD – mostly in USD (summer 2014)
China and the USA are competitors for global resources – ex.
Africa
USA – home to major TNCs
 Fortune Global 500 2014 – 128 corporations from the US
 2 corporations in top 10
 6 corporations in top 20
 32 corporations in top 100
 Strong position in oil sector – Exxon Mobil, Chevron,
Conoco, Phillips66, Valero Energy
 Industry leaders – Archer Daniels Midland (agriculture),
Coca-Cola (beverages), Wal-Mart (retail), AT&T (telecom),
Johnson & Johnson (pharmaceutical industry), Apple…
US TNCs – major source of global FDI
 US outward FDI
 2012 – 366 billion USD
 2013 – 338 billion USD
 Most important countries and regions
 Europe – (Netherlands, UK, Ireland, Switzerland)
 Latin America
 Asia
Global Competitivness Index