ID | 131837 |
Title Proper | Outlook for the Canadian economy under NAFTA |
Language | ENG |
Author | Kolpakov, K |
Publication | 2014. |
Summary / Abstract (Note) | CANADA was among the few developed market countries whose banking and financial systems did not experience any significant disturbances in the face of global economic instability.1 Having started in November 2008, the economic downturn was shortlived. Six months later, GDP growth resumed and in mid-2010 its volume exceeded the pre-crisis maximum.2 In the third quarter of 2012, Canada's GDP reached 1.765 trillion US dollars. According to a number of international experts, Canada is the most stable of the 20 countries with the largest economic potential. The conditions of doing business in Canada, and its investment attractiveness are estimated very highly. More than that, according to such an authoritative magazine as Forbes, Canada was recognized in 2011-2012 as the world's best place for business due to low levels of taxes and red tape.3 |
`In' analytical Note | International Affairs (Moscow) Vol. 60, No.1; 2014: p.74-82 |
Journal Source | International Affairs (Moscow) Vol. 60, No.1; 2014: p.74-82 |
Key Words | Canada ; Canadian Economy ; NAFTA ; Global Economic ; Financial Systems ; Economist Intelligence Unit ; World Bank |