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Back in print - the 1975 classic about the triumph of corporate capitalism during Canada's formative years.
Small and medium-sized enterprises (SMEs) are seen as the engine of economic growth and employment creation in the Caribbean, as in other parts of the world. This study explores the difficulties such enterprises have in accessing long-term financing and how these difficulties can be overcome. It reports on the results of a survey of SMEs from ten Caribbean countries and on a parallel study of lending institutions that might be expected to offer finance to SMEs. The author offers a commentary on the differing perspectives of SMEs and lenders on the problem of finding affordable long-term financing and suggests policy options for improving access to finance for this sector.
From the back cover: Richard Wright's study chronicles and analyses the Japanese business presence in Canada. It reveals several distinguishing characteristics of Japanese investment, which should help allay some traditional Canadian concerns about foreign investment. Japanese investment is small in proportion to the total volume of Canada-Japan trade. Moreover, unlike other traditional foreign investors, who generally seek to gain direct control of affiliated companies in Canada, Japanese investors aim primarily to secure reliable flows of raw materials. Because the Japanese emphasis is on trade rather than on investment flows, a high proportion of Japanese investment is in the form of loans rather than equity, and the Japanese often take minority holdings or enter into joint ventures. The role of Japanese investment is thus a very different one from that which has been a source of concern about foreign ownership in Canada.
Laurence Mussio examines how federal and provincial public policy tried to keep pace with the diffusion of telecommunications, consumer demand, and a rising tide of technological innovation. Telecommunications regulation struggled to maintain a balance between producer and consumer in an increasingly complex field and policy makers were compelled to defend the national interest in international telecommunications arrangements or by making far-reaching decisions about transcontinental microwave systems and satellites. By the late 1960s national policy makers had embraced the arrival of the computer - especially once it began to be wired into Canada's communications infrastructure. Telecom Nat...
Includes entries for maps and atlases.