EUROPEAN ENLARGEMENT 2004

In 2002/2003, Duncan earned an MBA in Global Business from GRENOBLE ECOLE DE MANAGEMENT, in France.  As a necessary requirement of this program, he was required to submit a Master's thesis on a subject of his choice.

Duncan chose to study the planned Enlargement of the European Union from 15 countries to 25 that occurred in May 2004, and the ways that this Enlargement may affect Canadian business in the years to come.  He focused on the Information and Communications Technology Sector because most of his professional experience had been in this sector.

The resulting work, entitled: European Enlargement 2004: How can Canadian High-tech Benefit?  comprises 61 pages and includes several detailed analyses and predictions, including an unusual historical analysis of the relationship between the Canadian Dollar and the European Common Currency (the Euro) that extends back as far as 1993    Note that the Euro was not officially introduced until January 1st, 1999.

The analysis was extended by combining plots of the the ECU (European Currency Unit) versus the Canadian Dollar prior to 1999 with a plot of the Euro versus the Canadian Dollar from 1999 until the present.  The combination of these two plots was based on the one-to-one exchange of ECUs for Euros that took place between the ECB (European Central Bank) and each Eurozone Country on January 1st, 1999.

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