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Influences of American Economy on Developing Countries Vishwamithra Amarasinghe
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Page 1: American influences on developing counttries

Influences of American Economy

on Developing Countries

Influences of American Economy

on Developing Countries

Vishwamithra Amarasinghe

Page 2: American influences on developing counttries
Page 3: American influences on developing counttries

Economy Of US & Its Economy Of US & Its Strength Strength

Economy Of US & Its Economy Of US & Its Strength Strength

• GDP is over $14 trillion • GDP growth rate - 1.7% annual change (2011)• Gross national income

15.21 trillion PPP dollars (2011)• Technological advances in

- Computers -Medical -Aerospace -Military equipment

• The US Dollars holds about 62% of world reserves.

• GDP is over $14 trillion • GDP growth rate - 1.7% annual change (2011)• Gross national income

15.21 trillion PPP dollars (2011)• Technological advances in

- Computers -Medical -Aerospace -Military equipment

• The US Dollars holds about 62% of world reserves.

The largest and most technologically powerful economy in the worldThe largest and most technologically powerful economy in the world

Page 4: American influences on developing counttries

Economy Of US & Its Economy Of US & Its Strength Strength

Economy Of US & Its Economy Of US & Its Strength Strength

Page 5: American influences on developing counttries

Why It is ?Why It is ?Why It is ?Why It is ?

• Has maintained a stable GDP growth rate.

• Since 1944 the world's largest manufacturer

• 40% of the world's billionaire are American

• Home to the world's largest stock exchange, the

New York stock Exchange

• The world's largest gold reserves and the world's

largest gold depository, the New York Federal

Reserve Bank

• Has maintained a stable GDP growth rate.

• Since 1944 the world's largest manufacturer

• 40% of the world's billionaire are American

• Home to the world's largest stock exchange, the

New York stock Exchange

• The world's largest gold reserves and the world's

largest gold depository, the New York Federal

Reserve Bank

Page 6: American influences on developing counttries

Influence USA over Influence USA over World BankWorld Bank

Influence USA over Influence USA over World BankWorld Bank

• The World Bank has a stated goal of reducing poverty

• Largest shareholder and the most influential member country

• Only country to have a defector right of veto at the World Bank

• Since its origin and up to the present time, the president of the World Bank has been a US citizen proposed by its government.

• Yugoslavia, Chile, Vietnam are under control of American

• The World Bank has a stated goal of reducing poverty

• Largest shareholder and the most influential member country

• Only country to have a defector right of veto at the World Bank

• Since its origin and up to the present time, the president of the World Bank has been a US citizen proposed by its government.

• Yugoslavia, Chile, Vietnam are under control of American

Page 7: American influences on developing counttries

US – SL RelationsUS – SL RelationsUS – SL RelationsUS – SL Relations

•Largest trading partner of Sri Lanka- accounting for over 30% of Sri Lanka's total exports.

•Textile and apparel - main export items, totally 81.8% of the nation's total exports to the U.S.

•Other major exportsIndustrial products

(13.3%), Ceramic products

(1.5%), Food products (1.3%),

Mineral products (1.0%).

•Largest trading partner of Sri Lanka- accounting for over 30% of Sri Lanka's total exports.

•Textile and apparel - main export items, totally 81.8% of the nation's total exports to the U.S.

•Other major exportsIndustrial products

(13.3%), Ceramic products

(1.5%), Food products (1.3%),

Mineral products (1.0%).

Page 8: American influences on developing counttries

((FDI) Foreign Direct FDI) Foreign Direct InvestmentInvestment

((FDI) Foreign Direct FDI) Foreign Direct InvestmentInvestment

Investment made to acquire long term interest in enterprises operating outside of the economy of the investor

•Economic development•Permits the transfer of technologies & skills•Developing the human capital resources by receiving training on the operations of a particular business•Opportunity to explore newer markets.•Increasing the income - revenues through taxation

Investment made to acquire long term interest in enterprises operating outside of the economy of the investor

•Economic development•Permits the transfer of technologies & skills•Developing the human capital resources by receiving training on the operations of a particular business•Opportunity to explore newer markets.•Increasing the income - revenues through taxation

Page 9: American influences on developing counttries

EconomyEconomyEconomyEconomy

Page 10: American influences on developing counttries

Gold HoldingsGold HoldingsGold HoldingsGold Holdings

Page 11: American influences on developing counttries

Gold HoldingsGold HoldingsGold HoldingsGold Holdings

Map of countries by foreign currency reserves and gold minus external debt based on 2009 data from CIA FactbookMap of countries by foreign currency reserves and gold minus external debt based on 2009 data from CIA Factbook

Page 12: American influences on developing counttries

US Influence On World US Influence On World EconomyEconomy

US Influence On World US Influence On World EconomyEconomy

People belief that there is a huge amount of economic influence from US to their countries.

People belief that there is a huge amount of economic influence from US to their countries.

Page 13: American influences on developing counttries

US Influence On World US Influence On World EconomyEconomy

US Influence On World US Influence On World EconomyEconomy

How many people says that US is negatively affect to their country ?

How many people says that US is negatively affect to their country ?

Page 14: American influences on developing counttries

References References References References

http://www.mindfully.org/Reform/2002/US-Peaceful-Nation.htm

http://pewresearch.org/pubs/987/trickle-down-global-economics

Page 15: American influences on developing counttries

Thank You… Thank You… Thank You… Thank You…