BUNSS 3
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int113_module_five_discussion_sample.pdf.docx
INT 113 Module Five Discussion Economic Measures and Physical Infrastructure
Economic Data: project country, Liberia. LeRoy Cooper
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Interest Rates |
86.2 % |
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Unemployment (Central Intelligence Agency, 2015) |
3.8% (2014) |
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Inflation (Central Intelligence Agency, 2015) |
9.8% (2014) |
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GDP real growth rate (Central Intelligence Agency, 2015) |
0.3% (2015) |
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Exchange Rates (Central Intelligence Agency, 2015) |
$ 91. LIB Dollar = 1 US Dollar |
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Exchange Rate Regime (International Trade Centre, 2015) |
A free-floating exchange rate in LIBERIA. |
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GDP (Central Intelligence Agency, 2015) |
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Labor Force (Central Intelligence Agency, 2015) |
69.7% |
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Major Industries (Central Intelligence Agency, 2015) |
Agriculture, natural resources, rubber, iron, Gold, and Food processing including automobiles. |
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FDI Rates (International Trade Centre, 2015) |
61.3 (Inflow as of 2014) |
Physical Infrastructure:
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Major Airports/Seaports |
Seaports with container liner service (Freeport of Monrovia
Airports (World Aero Data, 2015): MONROVIA ROBERTS FIELD INTL |
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Railway Stations (Government websites) |
Illustration below
http://www.worldportsource.com/ports/LBR_ |
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Internet Users (Central Intelligence Agency, 2015) |
21.7 (2014) |
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Mobile Providers http://www.africantelecomsnews.com/Operators |
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Logistics Performance Index Rating (The World Bank, 2015) |
142.0% 2.07% 2.22% |
Major Railway Stations and Lines
2.07%
(Seat61.com, 2015)
Business Observations:
· Shipping and distribution should be made easy with the access to numerous port cities, airports, and railways states.
· The LPI rating for Turkey is slightly less than that in the United States and Germany, indicating some question of reliability, but nothing of major concern. While infrastructure and customs performed lower, shipments were very reliable. The infrastructure and logistics support frequent shipments and trade (The World Bank, 2015)
· Foreign investment into Turkey is strong, but unemployment and inflation rates are high compared to the United States. The exchange rate is appealing if looking to import from Turkey.
· The exchange rate regime in Turkey has changed several times in recent years. The current regime is more liberal in nature (Yased, 2015). The exchange rate in Turkey is still monitored and intervention is applied if necessary.
· If a dip in the value of the lira occurs compared to the U.S. dollar, demand for U.S. imports will decrease. In the same scenario, a dip in the value of the lira compared to the U.S. dollar, demand for Turkish exports will increase.
· Based on the existing industries, clothing manufacturing might be a possible investment area due to the strength of textile manufacturing. There would also be easy access to Europe and parts of Asia.
References
Central Intelligence Agency. (2015). The world factbook: Liberia. Retrieved from
https://www.cia.gov/library/publications/the-world-factbook/geos/tu.html
International Trade Centre. (2015). Investment map. Retrieved from http://www.investmentmap.org/prioritySector.aspx?selCtry=TUR&selInds=&selOpt=inward&selYear
Seat61.com. (2015). http://www.doingbusiness.org/data/exploreeconomies/liberia/paying-taxes
The World Bank. (2015). Logistics performance index: Global rankings 2014. Retrieved from
http://lpi.worldbank.org/international/global
taxation. (2015). All countries - List of mobile operators by country (slow loading). Retrieved from https://clients.txtnation.com/entries/301118-All-Countries-List-Of-Mobile-Operators-By-Country-slow-8
https://en.wikipedia.org/wiki/Economy_of_Liberia#Economic_sectors
World Aero Data. (2015). Airports in Liberia. Retrieved from http://www.worldaerodata.com/countries/Liberia.php
World Port Source. (2015). Liberia: Port index. Retrieved from http://www.worldportsource.com/ports/index/LIB.php
Yased. (2015). Exchange rate regime. Retrieved from
http://www.yased.org.tr/webportal/English/yoic/Business/Pages/ExchangeRateRegime.aspx
