Identifying Export Opportunities for Business in Your Community

Authors

  • Dr. Herman Overgaard

Keywords:

O.E.C.D, Export, Economic Development, Business, Opportunity

Abstract

The Organization for Economic Cooperation and Development (O.E.C.D) distributed a report in Paris that demonstrated Canada was extraordinary compared to other industrialized nations on the planet. It is intriguing to take note of that Ontario is the biggest merchant of American goods from any nation on the planet. Financial improvement experts are in a superb situation to overcome any issues between the private division and the open segment and give a significant connection between them. They can help little makers to utilize government offices and projects to recognize and enter remote markets for their items. A year ago, 56% of things delivered in Canada were sold abroad and just 44% of what Canadian individuals created was bought by Canada. The article focuses on the strengths and weaknesses of the Canadian economy, and the steps that the government and small firms can take to position Canada as an economic powerhouse. By focusing on Canadian strengths such as the production of raw materials and improving efforts to manufacture and export finished goods can create massive economic opportunities. The article also emphasizes the importance of Economic Development Professionals as the gap between small firms, the public sector, and the private sector.

Author Biography

Dr. Herman Overgaard

Dr. Herman Overgaard is Professor of International Business at the School of Business And Economics, Wilfred Laurier University in Waterloo, Ontario. He received his B .A. degree from the University
of Manitoba, and his M.S. and Ph.D degrees from the Graduate School of Business, Columbia University, where he also lectured in marketing. He did post-graduate studies at the University of Oslo. Before his academic career, Professor Overgaard was engaged in Canadian export sales. He also serves as a consultant on export promotion to the International Trade Centre UNCTAD/GATT, Geneva, Switzerland.

This paper is based on a talk given to the Fall Meeting of the Economic Developers Council of Ontario,  October 24, 1991, held at the C.A. W. Family Education Training Centre in Port Elgin, Ontario.

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Published

2021-01-21

How to Cite

Overgaard, D. H. (2021). Identifying Export Opportunities for Business in Your Community. Economic Development Journal of Canada, 19–22. Retrieved from https://ecdev.journals.yorku.ca/index.php/default/article/view/136