10 Countries Least Affected by US Financial Crisis

jebeng

Korea Utara pling bertuah kot x efek US Financial Crisis ni....kalo Saddam idup lg gerenti die ketawa...Iraq kan kene ban trade same cam N.korea...

Filed in archive Economics, Finance, Government by Drea on October 8, 2008 |
10 Countries Least Affected by the US Financial Crisis

It's official: The United States financial crisis has reverberated around the world. Wall Street's supernova imploded into a black hole, swallowing up the national economy, then destabilizing most locations reachable by commercial jet. That is to say, everything, everywhere.

Nonetheless, some countries are faring better than others in this stage of the crisis. While Spaniards offer banks their house keys, Malaysians shrug. While Americans talk nonstop about the Second Great Depression, Dubai investors are enjoying one of the biggest real estate booms in the tiny United Arab Emirates' history. Thailand sighs with relief at its sizable reserves, and Armenia finally thanks the heavens above for its obscurity.
Here are ten countries suffering 80-100% less than the United States:

10. China

I was surprised to learn that China may not be dramatically affected by the United States financial crisis. As it turns out, we in the US rely far more heavily on China than she does on us.
China owns roughly 19% of US treasuries; if needed, it plans to use its sizable budget surplus to snap up even more. In addition, the United States gobbles up the majority of Chinese-made goods, meaning a decrease in consumer demand here will make for a chilly Chinese export market.
However, China is not solely dependent on the United States for financial stability. A host of new trade agreements mean China has a number of potential suitors waiting for vast quantities of goods. Domestic demand is also on the up-and-up.
Finally, China's financial system has been closed for many years, protecting it from shady assets. Though the country will feel the international slump, its banking system is probably safe. Its high domestic demand, huge pile of capital, and numerous other major trading partners will counter the effects of US contagion.
Bad News: China would be badly hurt by a downturn in export demand from the United States and Europe. It may yet be seriously affected.
Good News: They can rely more on domestic demand and demand from less-affected countries, such as Brazil. They're also sitting on a mountain of cash, which they are using to help bail out the United States.


9. Brazil

Latin American economies have boomed over the past few years. Brazil, unlike some of its neighbors, stabilized its domestic economy while positioning itself for increased foreign investment. The United States is currently Brazil's biggest trading partner, but is looking to boost transactions with China and India, other major partners.

Bad News: The United States is Brazil's biggest trading partner.

Good News: Brazil is positioned to take advantage of trade agreements and foreign direct investment from India and China, two economies at the top of the world ladder.

8. Romania

Romania's banks are barely exposed to international lenders. Therefore, any economic slowdown it feels will be a secondary result of global patterns. No shocks have occurred in the country itself.
Known by its own journalists the 'tiger of the east,' Romania's economy has been growing rapidly for the past few years. Though heavily embroiled in the EU's economy, especially Italy's, Romania is one of the world's biggest military equipment exporters.
Bad News: High exposure to the EU and foreign direct investment subject Romania to the general effects of the coming global recession.
Good News: The country remains a hot FDI destination for European companies looking for a good deal. Its strong IT services sector條ike a mini-India for the EU梚s especially attractive. And then there's that military thing, a sure winner in today's conflict-rich world society.

7. Thailand

AIG's gigantic Thailand subsidiary, AIA Thailand, has more than half of the Thai market cornered. It's also sitting on 286.67 billion baht worth of reserves (about 8.3 billion US dollars), 383 billion baht ($11.1 billion) worth of assets, and capital funds worth roughly 1100% of the legally required minimum.
Foreigners affected directly by the US financial crisis may have outstanding loans in Thailand. The country, however, isn't worried, because the amount of these loans is relatively small.
Bad news: Thailand's largest insurance company is an AIG subsidiary.
Good news: It's sitting on a pile of cash.

6. North Korea

Although the country has recently enjoyed burgeoning trade ties with South Korea and China, both vulnerable to the US financial crisis, North Korea remains isolated enough to limp through the financial crisis relatively unscathed.
Bad News: No stranger to famines and subsistence farming, people living in this brittle Communist relic may lose hope as foreign direct investors from affected countries stall capital inflows.

Good News: North Korea's economic isolation will, for once, come in handy.


5. Iran

Longstanding sanctions have kept Iran's economy relatively insulated from foreign investment outside of a select few sectors. One of those sectors is oil梐nd China is one of its biggest trading partners. A fortuitous arrangement for all.

Bad News: Iran trades a lot with Europe, which is moldering under the financial crisis.

Good News: Iran does not trade with the United States. It does, however, provide petroleum to oil-hungry China, a business that should float the country for at least another decade.


4. Malaysia

This Southeast Asian country hosts a number of multinational manufacturing facilities. Though some of these companies are in the United States, experts say that bad times will promote more offshore production in bargain-rich Malaysia, not less.
Malaysia is also gaining a reputation as a good China alternative in manufacturing circles. It's rumored to be slightly more expensive, but produces higher quality goods, and is easier to deal with. Malaysia is also gaining a reputation as a solar energy hotspot.
Bad News: Malaysia does a lot of business with the United States.
Good News: Companies looking to cut costs come to Malaysia, making it an even more likely outsourcing destination for leaner businesses.

3. Morocco

Moroccan officials claim not to be affected by the United States financial crisis because their banks don't contain any subprime assets. But that notion only scratches the surface of why Morocco will survive the shakeup. Its resource and agricultural assets are the real keys to its invulnerability.
For one, this stable, slow-growth economy relies heavily on agricultural assets, such as almonds. It could feed its entire domestic population with the food it produces, beneficial in a world of rising food prices.
Half of its income comes from valuable phosphate mines

zyarunzurro

sekadar teori....US pon ada teori dia.....

tekoyong

wow..
betul ke mata aku ni??
malaysia pon ada??



maka betul la kata najib dulu erk??

ninja9

malaysia masuk dlm senarai..

jebeng

entah la...diorg yg wat research....huhu

juwaini

Aku rasa Taiwan dengan Cuba lagi layak masuk senarai tu...

reez54

wah...mesia ader wooo

ninja9

singapore lak tak der...

jebeng

yeke??...ape reason die lak??

zyarunzurro

kalau tak terkesan dgn krisis kewangan USA yg ini sekalipon...tak bermakna Malaysia bebas dari masalah ekonomi....

dgn masalah sediada....seperti pengangguran...inflasi...kenaikan harga barang....kejautuhan nilai matawang...pelaburan asing....ketidakstabilan politik....

adoiiiii.....

reez54

singapore anak buah us..bapak masalah kewangan anak apertah lagi

juwaini

Originally posted by jebeng at 15-10-2008 10:28 PM
yeke??...ape reason die lak??

Setahu aku la, Taiwan ni banyak produce goods dia sendiri. So, dia tukang export...

Cuba lak sebab memang depa dah terbiasa kena embargo oleh US. So, apa jadi pun mampuih pi kat US la..

Ni pandangan aku la. Aku mungkin silap...

juwaini

Originally posted by zyarunzurro at 15-10-2008 10:28 PM
kalau tak terkesan dgn krisis kewangan USA yg ini sekalipon...tak bermakna Malaysia bebas dari masalah ekonomi....

dgn masalah sediada....seperti pengangguran...inflasi...kenaikan harga barang ...

Malaysia jatuh sebab fundamental ekonomi kita dah kaput... Ketirisan banyak, sumber asli tak dieksploitasi dengan berhemah, pengangguran tinggi, rasuah, penyelewengan bla bla bla...
So, kalaupun tak terpengaruh oleh masalah ekonomi US, sikit sebanyak memang kita dah lemah...

matamata

ntahlah...tarak mood nak menaip la pulak....

jebeng

Taiwan bkn ke masuk dlm China...??...huhu

matamata

tak......tp hari2 kena intai ngan china....

juwaini

Originally posted by jebeng at 15-10-2008 10:37 PM
Taiwan bkn ke masuk dlm China...??...huhu

Taiwan ni orang US panggil White China. Maknanya sekutu depa...

Kalau China plak depa panggil Red China, maknanya tanda amaran pada US...

babybueno

singapork tgh recession skrg ni
nampaknya ada org malaysia yg bekerja di singapore tu kena standby balik kpg kat ulu tu

jebeng

kejatuhan nilai matawang disebbkan ringgit diniagakan float yg terkawal....mahathir suro pegged tp zeti ke sape x setuju coz 'sukuk' x perlukan currency dipegged kan...

xtaula mcmane...huhu

[ Last edited by  jebeng at 15-10-2008 10:49 PM ]

ultra78

agree..aku terbaca somewhere yg byk foreign company tertarik melabur kat UAE..dengarnya antara tax paling rendah atau 'tax free'...