Sierra Leone vs USA Flashcards
How does the USA have stability?
Has good infrastructure and effective borders. Strong demand from a large domestic market. Stable government. Is the main trading partner of many of the world’s countries.
What is the per capita GNP of the USA?
$54,800
How many of the 500 largest companies have headquarters in the USA?
128
Why does the US economy grow annually?
It has a highly skilled workforce, has a lot of job creation in transport, finance, IT, investment leads to multiplier effect.
How much FDI does the US provide and receive?
Exports $6.15 trillion in FDI and receives $4.63 trillion.
What environmental issues have there been in the USA?
Rapid growth of container ports which damages the coastline. 3,700 annual premature deaths due to pollution.
What conflicts limit the US in terms of trade?
They are unable to compete with China who produce much cheaper products. Border control has become a much greater issue in recent years. Trade disputes with Mexico accusing them of price dumping.
How has Sierra Leone become more stable?
They have begun to export a lot of services. Brough the rule of law to the country. Have eased trade and tried to deal with corruption.
What is the GDP per capita of Sierra Leone?
$1,500
What subsidies have the government provided?
Subsidies for farmers so they can produce a surplus.
How has Sierra Leone’s position on the global stage changed?
They gained membership into ECOWAS. Have more economic activity and competitiveness in global markets.
What countries have Sierra Leone created partnerships with?
The UK, India, China, EU countries.
What developments have been taking place in Freetown?
A new hospital has been developed, a new foreign ministry, airport and rail network has been set up.
What is the HDI of Sierra Leone?
0.374
What is the age demographic of Sierra Leone?
60% of population under 25.
