Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of...
description
Transcript of Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of...
![Page 1: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/1.jpg)
MACROECONOMIC INDICATORS SINGAPORE VS CUBA
Wong Jun Hui, Ryan 3S123
![Page 2: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/2.jpg)
GDP Singapore vs Cuba
![Page 3: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/3.jpg)
Singapore’s GDP 1
![Page 4: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/4.jpg)
USD$297 940 000 000 GDP
USD$55182.48 GDP per Capita
![Page 5: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/5.jpg)
GDP Annual Growth Rate
![Page 6: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/6.jpg)
Cuba’s GDP 2
![Page 7: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/7.jpg)
USD$68 230 000 000 GDP
USD$ 6051.22 GDP per Capita
![Page 8: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/8.jpg)
GDP Annual Growth Rate
![Page 9: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/9.jpg)
It is obvious that Singapore has a higher overall GDP and GDP per capita than Cuba In the long run, it seems like Singapore will continue to have a higher standard of living than Cuba Singapore —> Developed Country Cuba —> Developing Country
Comparison
![Page 10: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/10.jpg)
GNI Singapore vs Cuba
![Page 11: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/11.jpg)
Singapore’s GNI 2
![Page 12: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/12.jpg)
415 billion PPP dollars GNI
76860 PPP dollars GNI per capita
![Page 13: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/13.jpg)
Cuba’s GNI 2
![Page 14: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/14.jpg)
208.99 billion PPP dollars GNI
18520 PPP dollars GNI per Capita
![Page 15: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/15.jpg)
Inflation Rate Singapore vs Cuba
![Page 16: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/16.jpg)
Singapore’s Inflation Rate 1
![Page 17: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/17.jpg)
Singapore Inflation Rate
![Page 18: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/18.jpg)
Cuba’s Inflation Rate 2
![Page 19: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/19.jpg)
Cuba Inflation Rate
![Page 20: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/20.jpg)
Up till the latest quarter, Singapore had a daily inflation rate, however due to weakness in the manufacturing sector, it is facing deflation. According to a recent NYTimes Article, it is said that Cuba inflation rate has been increasing steadily due to large surge of american tourists
Comparison
![Page 21: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/21.jpg)
Unemployment Rate Singapore vs Cuba
![Page 22: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/22.jpg)
Singapore’s Unemployment Rate 1
![Page 23: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/23.jpg)
Singapore Unemployment Rate
2015: 1.9%
![Page 24: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/24.jpg)
Cuba’s Unemployment Rate 2
![Page 25: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/25.jpg)
Cuba Unemployment Rate
2015: 2.7%
![Page 26: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/26.jpg)
Both Singapore and Cuba has low unemployment rate However, Cuba’s unemployment rate is expected to go down more with the recent lifting of trade embargoes Whereas Singapore’s unemployment rate is expected to go up, considering slower growth in China, as well as in S’pore’s manufacturing sector.
Comparison
![Page 27: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/27.jpg)
Debt Singapore vs Cuba
![Page 28: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/28.jpg)
Singapore’s Debt 1
![Page 29: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/29.jpg)
![Page 30: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/30.jpg)
100.78% Debt as % of GDP
![Page 31: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/31.jpg)
Cuba’s Debt 2
![Page 32: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/32.jpg)
![Page 33: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/33.jpg)
35.9% Debt as % of GDP
![Page 34: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/34.jpg)
Singapore > Cuba
Comparison
![Page 35: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/35.jpg)
BUT, Singapore —> internal Cuba —> external
Comparison
![Page 36: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/36.jpg)
In the long run, if SGD continues to slump against USD, this might affect government securities, which would in turn affect our debt.
Comparison
![Page 37: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/37.jpg)
Guiding Questions Macroeconomic Indicators
![Page 38: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/38.jpg)
Do you think Singapore will face a deflation in the next quarter? Why? In a long term, how will this affect Singapore’s economy?
![Page 39: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/39.jpg)
Deflation
![Page 40: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/40.jpg)
Inflation
![Page 41: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/41.jpg)
Would you expect Cuba to be able to pay off more of its external debts? Why?
![Page 42: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/42.jpg)
Yes (recent lifting of trade embargoes)
![Page 43: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/43.jpg)
Thanks!
ANY QUESTIONS?
![Page 44: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/44.jpg)
CREDITS
◦ Ivan Lim. (2015, May 9). Macroeconomic indicators as reference on outlook of Singapore and Cuba [Consultation]. ◦ Unemployment Summary Table. (2015, May 2). Retrieved May 9, 2015, from http://stats.mom.gov.sg/
Pages/Unemployment-Summary-Table.aspx ◦ MAS Monthly Statistical Bulletin - IV.7 Official Foreign Reserves. (n.d.). Retrieved May 10, 2015, from
https://secure.mas.gov.sg/msb-xml/Report.aspx?tableSetID=IV&tableID=IV.7 ◦ Macroeconomics. (n.d.). Retrieved May 10, 2015, from http://www.bloomberg.com/visual-data/best-and-
worst/st/macroeconomics ◦ Long-Term Unemployment Rate. (n.d.). Retrieved May 10, 2015, from http://stats.mom.gov.sg/Pages/
Long-Term-Unemployment-Rate-Topline-Chart.aspx ◦ National Debt Of Singapore. (n.d.). Retrieved May 10, 2015, from http://www.nationaldebtclocks.org/
debtclock/singapore ◦ Most Government Debt per Person: Countries. (n.d.). Retrieved May 10, 2015, from http://
www.bloomberg.com/visual-data/best-and-worst/most-government-debt-per-person-countries ◦ Is there something wrong with our Reserves? (2015, March 17). Retrieved May 10, 2015, from http://
www.gov.sg/government/web/content/govsg/classic/factually/Factually-041012-IstheresomethingwrongwithourReserves ◦ Cuba Government Debt to GDP | 2006-2015. (n.d.). Retrieved May 10, 2015, from http://
www.tradingeconomics.com/cuba/government-debt-to-gdp ◦ Cuba GDP Annual Growth Rate | 1990-2015. (n.d.). Retrieved May 10, 2015, from http://
www.tradingeconomics.com/cuba/gdp-growth-annual
![Page 45: Presentation on the comparison of the Macroeconomic Indicators of Singapore as compared to those of Cuba](https://reader033.fdocuments.in/reader033/viewer/2022051621/55cf8d125503462b1391de86/html5/thumbnails/45.jpg)
IMAGE CREDITS
◦ http://www.veryicon.com/icon/png/System/Standard%20Portfolio/Unemployed.png
◦ http://www.veryicon.com/icon/png/System/Standard%20Portfolio/Unemployed.png
◦ https://t2.ftcdn.net/jpg/00/68/12/99/240_F_68129963_aG8xnGNiVWxHnpyL56nwG5YXobSZ6dUX.jpg
◦ http://a1.mzstatic.com/us/r30/Purple3/v4/b0/e2/26/b0e226aa-3455-b60d-5d3f-4450d312e9f4/icon175x175.jpeg
◦ http://www.debtadvisoryscotland.net/img/icon-trust-deed.png