Country Report regarding the International Economic Environment. Case Study: Canada Cover Image

Country Report regarding the International Economic Environment. Case Study: Canada.
Country Report regarding the International Economic Environment. Case Study: Canada

Author(s): Gabriel Săpunaru, Boghian Marius, Boghian Raluca, Ovidiana Bulumac
Subject(s): National Economy, Supranational / Global Economy, Economic development, Political Essay, Socio-Economic Research
Published by: Editura Academiei Române
Keywords: Canada; business environment; economy

Summary/Abstract: Choosing Canada as a potential business environment is mainly due to its stable and diversified economy, but also to the variety of its natural resources. Canada is a particular example of how to deal with the recession that struck the world in 2008. Its economy proves to be not only strong but also competitive. The rather strong institutional credibility, although fairly bureaucratic, together with the conservative pattern of managing the society and economy, offer Canada a nice perspective for developing business. As well, The Global Competitiveness Index 2012 registers Canada as the first country regarding the small number of procedures required to start a business. It takes only 5 days to start one. The independent legal framework and the ethical behavior of firms are also incentives of its global competitiveness.

  • Issue Year: 23/2014
  • Issue No: 3
  • Page Range: 1-15
  • Page Count: 15
  • Language: English