Gurprit S. Kindra, Frederick Stapenhurst and Nicolino Strizzi
Gauges the attitudes of Canadian executives towards countertradewith East European trade partners. Discusses the origin, types and scaleof countertrade as a portion of world…
Abstract
Gauges the attitudes of Canadian executives towards countertrade with East European trade partners. Discusses the origin, types and scale of countertrade as a portion of world trade, together with a review of the literature. Describes a research study and presents the findings. Offers potential business strategies and responses based on these findings.
Details
Keywords
Nicolino Strizzi and Gurprit S. Kindra
Many countries in both the LAC region and Asia Pacific have large and growing foreign debts. Country risk ratios and the profile of foreign debts for the majority of these…
Abstract
Many countries in both the LAC region and Asia Pacific have large and growing foreign debts. Country risk ratios and the profile of foreign debts for the majority of these countries are near or exceed widely regarded warning thresholds. Chronic budget and funding problems regionwide, including massive infrastructure investment needs and rising social spending pressures, will lead to greater reliance on foreign borrowing. That will contribute to debt accumulation and rising debt‐servicing burdens. Economic slowdown, massive banking and financial sector restructuring, erosion of export competitiveness and declining foreign exchange reserves will increase the likelihood that these countries will be unable to fully meet their foreign debt‐servicing obligations. The risk of debt default will be greatly increased over the next decade. Mounting public criticism will make it tougher to arrange future international financial rescue packages, such as those extended to Mexico and Thailand, for cash‐strapped sovereigns. As Canada’s economic profile rises in emerging markets, greater monitoring of country risks is warranted.
Details
Keywords
Nicolino Strizzi and G.S. Kindra
Assesses five trends that will be likely to affect the nature of trade and investment in Asia Pacific in the coming decade. These include infrastructure upgrading, public sector…
Abstract
Assesses five trends that will be likely to affect the nature of trade and investment in Asia Pacific in the coming decade. These include infrastructure upgrading, public sector reform, increased military procurements, massive capital inflows and foreign debt build‐up. States a better understanding of these trends will promote strategic entry into fast‐growing, hard‐to‐crack markets. Vastly improved corporate revenue and profits might result. Equally important, it presages long‐term gains in economic and political influence in Asia Pacific.