The Bahamas Global Economy Powerpoint

1,945 views

Published on

Published in: Business, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
1,945
On SlideShare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
37
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

The Bahamas Global Economy Powerpoint

  1. 1. Anish Desai Global Economy PowerPoint Principles of Business
  2. 3. <ul><li>The Exchange Rate for 1 US dollar and 1 Bahaman dollar is the same. </li></ul>
  3. 4. <ul><li>Imports can come from US, South Korea, Japan, Italy, Singapore, Venezuela, and Spain </li></ul><ul><li>machinery and transport equipment </li></ul><ul><li>manufactures </li></ul><ul><li>chemicals </li></ul><ul><li>mineral fuels </li></ul><ul><li>food and </li></ul>
  4. 5. <ul><li>Exports can go out to US, Singapore, Spain, Poland, Germany, Guatemala, Switzerland </li></ul><ul><li>mineral products and salt </li></ul><ul><li>animal products </li></ul><ul><li>rum </li></ul><ul><li>chemicals </li></ul><ul><li>fruit and vegetables </li></ul>
  5. 6. <ul><li>The type of economy is Constitutional Parliamentary Democracy </li></ul><ul><li>Advantages : The Bahamas is one of the wealthiest Caribbean countries with an economy heavily dependent on tourism and offshore banking. </li></ul><ul><li>Disadvantages : Since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Also tourist arrivals have been on the decline since 2006 and will likely drop even further in 2009 </li></ul>
  6. 7. <ul><li>The Current Tax rate of the Bahamas is 15%. </li></ul>
  7. 8. <ul><li>The GDP of the Bahamas is : $6.935 billion </li></ul><ul><li>The GDP per capita : $29,900 </li></ul><ul><li>Unemployment Rate : 7.6% </li></ul>
  8. 9. <ul><li>One major company in the Bahamas is Rum Cay. </li></ul><ul><li>They produce rum and export to many countries. </li></ul><ul><li>They have been in business for around 100 years. </li></ul>
  9. 10. <ul><li>Grand Bahamas Food Company Ltd exports foods to many countries </li></ul><ul><li>They produce many fruits and vegetables </li></ul><ul><li>They have been in business for about 20 years </li></ul>
  10. 11. <ul><li>The Bahamian Economy is shrinking </li></ul><ul><li>It is feeling some of the same affects as the US did </li></ul>

×