With a nominal gross domestic product of nearly $17 trillion, the U.S. is easily the world’s largest economy. Naturally, a small change in U.S. GDP can have a lasting impact on the economies of less developed countries.
An analysis conducted by Credit Suisse shows the degree to which an increase in U.S. GDP causes GDP shifts in select emerging nations. For instance, a 1% increase in U.S. GDP leads to around a 1% increase in Russia’s GDP after one quarter and around a 3% increase after four quarters.
This suggests that Brazil, Mexico, Czech Republic, Hungary, and Turkey are all heavily reliant on a stable U.S. economy. Nations like China, India, Poland, and Indonesia, while still quite benefited by a healthy U.S., are less dependent.
Using various weighted financial ratios, Merrill Lynch has assigned a vulnerability rating to leading Asian economies in the below heat map. By these metrics, Singapore, India, and Malaysia score very poorly while Korea and Taiwan are seen as the safest nations.
The National Association of Realtors looks at the distribution of international home sales by state, and finds that Florida is the most popular landing spot by a wide margin.
A few observations are made as to why certain groups of people may prefer certain states:
- Europeans are attracted to states with warmer climates such as Florida and Arizona. Florida is also a top destination among South Americans and Canadians.
- Asian tend to migrate to the West Coast.
- Naturally, buyers from Mexico favor states in close proximity such as Texas and Arizona.
- Buyers from India are locating in urbanized areas and states that are home to IT companies such as California, New York, and North Carolina.
A large portion of crop production does not actually feed people. It indirectly feeds people by feeding animals and creating biofuels, but people aren’t consuming most crops grown in the U.S. and Europe.
This map assembled by @GlobalEcoGuy shows that crops used for human consumption as a share of total crop use is the highest in the Caribbean, Africa, India, and southeast Asia.
A recent OECD report on fragile nations includes the below graphical comparison of where the world’s poor will be in 2015 vs. 2005. The positive news is that overall the portion of the world that is poor is decreasing, most noticeably in India, Bangladesh, and China.
However, the poor population seems to still be rising in nations such as the Democratic Republic of the Congo and Mexico.
Morgan Stanley draws attention to the correlation between oil consumption per capita and miles of roads per capita in a nation.
Canada has a very high miles of roads per capita at around 19 miles of road per 1,000 people, while the U.S. has around 13 miles. China and India both have only around 2 miles of roads per 1,000 people. France is the outlier in the chart with a high miles of roads but a relatively low amount of oil consumption.