harsh contrast in the definition of poverty.

1. Poverty: New Definition
Das Swajan - 100763
MSc. International Business - PUE

2. Globalisation

3. Benifits of Globalisation
• Free Trade
–
–
–
–
•
•
•
•
Competition
Wide range of products
Export
Expertising
Free Movement of Labour
Increased Economies of Scale
Competitive Market
Huge Investment

4. Globalisation & Trillion Dollar Economies

5. Govt. Budget (%) – Trillion Dollars Economies

6. Govt. Debt to GDP (%) – Trillion Dollar Economies

7. Regionalisation & EU Economies (GDP Billion USD)

8. Govt. Budget (%) – EU Economies

9. Govt. Debt to GDP (%) - EU Economies

10. Highest Govt. Debt (%) – 15 Economies

11. Lowest Govt. Debt – 15 Economies

12. Highest Govt. Budget Deficit (%) – 15 Economies

13. Highest Govt. Budget Surplus (%) – 15 Economies

14. Country Credit Rating (1/2)
Moody's
S&P
Fitch
Remarks
Long-term
Short-term
Long-term
Aaa
AAA
Aa1
Short-term
AA+
Long-term
AAA
Prime
AA+
A-1+
Aa2
Short-term
F1+
AA
AA
Aa3
AA-
AA-
A1
A+
High grade
P-1
A+
A-1
F1
A2
A
A
A3
A-
Upper medium
grade
A-
P-2
A-2
F2
Baa1
BBB+
BBB+
Baa2
BBB
BBB
P-3
Baa3
A-3
BBB-
F3
BBB-
Lower medium
grade

15. Country Credit Rating (1/2)
Ba1
BB+
BB+
Non-investment
grade
Ba2
BB
BB
speculative
Ba3
BB-
B1
B+
B+
B2
B
B
B3
B-
B-
Caa1
B
BB-
B
Highly speculative
CCC+
Substantial risks
Caa2
CCC
Extremely
speculative
Caa3
CCC-
Not prime
C
CCC
C
In default with little
prospect for
recovery
CC
Ca
C
C
/
/
DDD
D
/
DD
D
/
In default

16. Credit Rating - Top 15 Economies (1/2)
S/L
Country
S&P Rating
Moody's rating
Fitch Rating
1
Australia
AAA
Aaa
AAA
2
Brazil
BBB
Baa2
BBB
3
Canada
AAA
Aaa
AAA
4
China
AA-
Aa3
A+
5
France
AA+
Aa1
AAA
6
Germany
AAA
Aaa
AAA
7
India
BBB-
Baa3
BBB-
8
Italy
BBB+
Baa2
BBB+

17. Credit Rating - Top 15 Economies (2/2)
S/L
Country
S&P Rating
Moody's rating
Fitch Rating
9
Japan
AA-
Aa3
A+
10
Mexico
BBB
Baa1
BBB+
11
Russia
BBB
Baa1
BBB
12
South Korea
A+
Aa3
AA-
13
Spain
BBB-
Baa3
BBB
14
UK
AAA
AA1
AA+
15
USA
AA+
Aaa
AAA

18. Credit Rating - EU Economies (1/3)
S/L
Country
S&P Rating
Moody's rating
Fitch Rating
1
Austria
AA+
Aaa
AAA
2
Belgium
AA
Aa3
AA
3
Bulgaria
BBB
Baa2
BBB-
4
Cyprus
CCC
B3
BB-
5
Czech Republic
AA-
A1
A+
6
Denmark
AAA
Aaa
AAA
7
Estonia
AA-
A1
A+
8
Finland
AAA
Aaa
AAA
9
France
AA+
Aa1
AAA

19. Credit Rating - EU Economies (2/3)
S/L
Country
S&P Rating
Moody's rating
Fitch Rating
10
Germany
AAA
Aaa
AAA
11
Greece
B-
C
CCC
12
Hungary
BB
Ba1
BB+
13
Ireland
BBB+
Ba1
BBB+
14
Italy
BBB+
Baa2
BBB+
15
Latvia
BBB
Baa2
BBB
16
Lithuania
BBB
Baa1
BBB+
17
Luxembourg
AAA
Aaa
AAA
18
Malta
BBB+
A3
A+

20. Credit Rating - EU Economies (3/3)
S/L
Country
S&P Rating
Moody's rating
Fitch Rating
19
Netherlands
AAA
Aaa
AAA
20
Poland
A-
A2
A-
21
Portugal
BB
Ba3
BB+
22
Romania
BB+
Baa3
BBB-
23
Slovakia
A
A2
A+
24
Slovenia
A
Ba1
BBB+
25
Spain
BBB-
Baa3
BBB
26
Sweden
AAA
Aaa
AAA
27
United Kingdom
AAA
AA1
AA+

21. the State of Brunei Darussalam
Population: 415,717
GDP: $21.94 Billion
GDP Per Capita: $50,500
GDP Growth Rate: 2.7%
GDP Composition:
Agriculture: 0.6%
Industry: 71.7%
Service: 27.7%
Crude oil and natural gas production account for 60% of GDP and more than
90% of exports. Per capita GDP is among the highest in Asia. Source: CIA

22. Its your call. You are Educated.
Thank You