a rationale for international economics in georgia’s schools

Georgia Council on Economic Education w w w . g c e e . o r g

A Rationale for International Economicsin Georgia’s Schools

The Vision• Productive Workers• Informed Consumers• Involved Citizens• Prudent Savers• Wise Investors• Sound lifelong decision makers in a

globally interdependent world

Students leaving school prepared for their roles as:

The Mission To help teachers teach those students, K-12, in

the public and independent schools of Georgia

Georgia Council on Economic Education w w w . g c e e . o r g

Georgia Council on Economic Educationw w w . g c e e . o r g

Symbols of US Supremacy

Where is the world’s tallest building?Taipei (soon to be Dubai)

Georgia Council on Economic Educationw w w . g c e e . o r g

Symbols of US Supremacy

What nationality is the world’s richest person?

Mexican

Georgia Council on Economic Educationw w w . g c e e . o r g

Symbols of US Supremacy

Where is the world’s largest oil refinery under construction?

India

Georgia Council on Economic Educationw w w . g c e e . o r g

Symbols of US Supremacy

Where is the richest investment fund?United Arab Emirates

Georgia Council on Economic Educationw w w . g c e e . o r g

Symbols of US Supremacy

Where is the world’s largest casino?Macao

Georgia Council on Economic Educationw w w . g c e e . o r g

Symbols of US Supremacy

Where is the largest shopping mall in the world?

Beijing

Georgia Council on Economic Education w w w . g c e e . o r g

The reality…• In the past 30 years, the HIV virus has traveled the

globe from West Africa to kills humans from Alaska to Australia

• A ripple in stock prices in Frankfurt can translate into increased business for brokers in Atlanta

• The burning of rainforests in Brazil may contribute to droughts in the agricultural regions of North America

• A nuclear power plans breakdown in Russia sends a radioactive cloud around the globe

How can citizens have an active role in influencing these and other issues?

Georgia Council on Economic Education w w w . g c e e . o r g

Georgia’s Global Economy

• One in every ten manufacturing jobs in Georgia is related to exports

• One-sixth of Georgia’s farm products are exported

• Georgia is the Southeast’s gateway to the world with 12 airlines operating 55 direct international flights per day to 36 cities; Delta alone offers service to 72 foreign cities in 45 countries

• Savannah is the fifth largest port in the United States; the second largest single container facility and the fastest growing port in the country

Georgia Council on Economic Education w w w . g c e e . o r g

Georgia’s Global Economy• State of Georgia agencies maintain 11 economic business

offices in Canada, Mexico Chile, Brazil, United Kingdom, Germany, France, Israel, South Korea, China, Japan

• Seventy-six governments are represented in Atlanta, operating 21 career consulates, 31 honorary consulates, 24 trade and tourism offices, and 39 foreign-American chambers of commerce

• Fifteen foreign governments have operations in Georgia to promote trade between their countries and Georgia

Georgia Council on Economic Education w w w . g c e e . o r g

Georgia’s Global Economy

Georgia’s business community includes

more than 2,500 internationally owned

facilities from 61 countries and

employing more than 148,000

Georgians with an estimated capital

investment of $24.3 billion.

Georgia Council on Economic Education w w w . g c e e . o r g

Georgia’s Global Economy

• Japanese companies employ the most Georgians – 27,051– Germany 14,914

– Netherlands 12,968

– UK 11,314

– Canada 9,343

– France 8,100

• Germany has the largest presence – 245 companies– Japan 189

– the UK 118

– France 83

– Canada 74

– Netherlands 73

Georgia Council on Economic Education w w w . g c e e . o r g

Exports from Georgia by Region, 2005

The Americas

Asia

Europe

Georgia Council on Economic Education w w w . g c e e . o r g

Exports from Georgia

• Georgia is the world leader in the production of carpet, kaolin, chicken and watermelon.

• Top industries include automotive, agriculture, food processing, tourism, life sciences, high technology, metal fabrication and plastics.

• Exports from Georgia industries totaled $27.5 billion in 2008, ranking Georgia as the 13th largest exporting state in the nation.

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Exports from Georgia by Industry, 2005

Transportation equipment

Non-electric machinery

Computer and electronics

All others

Food products

Paper

Chemicals

Georgia Council on Economic Education w w w . g c e e . o r g

Imports to Georgia by Region, 2005

AsiaEurope

Americas

Middle East

Africa

Australia & New Zealand

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Georgia’s Top 10 Trade Partners

Georgia Council on Economic Education w w w . g c e e . o r g

Georgia Council on Economic Education w w w . g c e e . o r g

Georgia Council on Economic Education w w w . g c e e . o r g

Georgia Council on Economic Education w w w . g c e e . o r g

Georgia Council on Economic Education w w w . g c e e . o r g

Georgia Council on Economic Education w w w . g c e e . o r g

Georgia Businesses Do BusinessWith the World

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