The world is going global and a new trade paradigm has emerged. The competitiveness equation for a typical Canadian company has moved from one of local efficiency and productivity to one that also encompasses foreign suppliers, logistics providers and financial intermediaries. This paper identifies this paradigm shift, traces its dynamic, and examines the implications for international financial intermediation, and how EDC is evolving to adapt to this new world of international trade. (Originally prepared in January 2007, this paper was updated in January 2012 by Stephen Poloz, former President and CEO of EDC.)Financial Intermediation Under the new Trade Paradigm: EDC and Integrative Trade (PDF)
Categories Economic Reports
Comments are closed.