World Economy Avery Trendel  Block 3
State of the World Economy <ul><li>The world economy is currently in pretty bad shape. We are reaching a big downturn in t...
China’s Economy <ul><li>China’s economy is the fastest growing economy in the world right now. </li></ul><ul><li>More inde...
Australia’s Economy <ul><li>Australia’s economy is also doing very well right now </li></ul><ul><li>Over the past two deca...
Iceland’s Economy <ul><li>Iceland’s economy is currently not doing very well </li></ul><ul><li>Iceland’s central bank purs...
United States Economy <ul><li>The United States is another country with a currently bad economy. </li></ul><ul><li>One rea...
Europe’s Highest GDP <ul><li>Germany has the highest GDP in all of Europe </li></ul><ul><li>A reason for this could be tha...
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World Economy

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World Economy

  1. 1. World Economy Avery Trendel Block 3
  2. 2. State of the World Economy <ul><li>The world economy is currently in pretty bad shape. We are reaching a big downturn in the face of the most dangerous shock in financial markets since the 1930’s. </li></ul><ul><li>Some current world indicators are the GDP which has decreased quickly and prices have gone down. </li></ul>
  3. 3. China’s Economy <ul><li>China’s economy is the fastest growing economy in the world right now. </li></ul><ul><li>More independence was granted to business enterprises previously owned by state government </li></ul><ul><li>The banking system was diversified. </li></ul>
  4. 4. Australia’s Economy <ul><li>Australia’s economy is also doing very well right now </li></ul><ul><li>Over the past two decades Australia has experienced positive reforms that have boosted its economy </li></ul><ul><li>Today it is still riding the commodity boom and should grow for the next 5 years </li></ul>
  5. 5. Iceland’s Economy <ul><li>Iceland’s economy is currently not doing very well </li></ul><ul><li>Iceland’s central bank pursued the wrong monetary policy </li></ul><ul><li>Foreign currency became frozen to them cutting off international trade </li></ul>
  6. 6. United States Economy <ul><li>The United States is another country with a currently bad economy. </li></ul><ul><li>One reason for this is the mortgage loans crisis </li></ul><ul><li>Another is the recent failure in the housing and credit markets </li></ul>
  7. 7. Europe’s Highest GDP <ul><li>Germany has the highest GDP in all of Europe </li></ul><ul><li>A reason for this could be that Germany is the world’s largest exporter of merchandise </li></ul>
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