Should cultural diversity be considered an economic development tool? Perhaps.
In this article about Rising Tide and the Asian Equity Research Institute (AERI), a research center at the University of Missouri, Alex LaBrunerie, one of the principals behind both of these organizations, credited Columbia’s cultural diversity for making both of these businesses a reality.
That’s because it was through a connection with a Chinese national who was working for a friend of his that he made contact with one of the major players in the Chinese equity information business. That’s how a small city in mid-Missouri (Columbia, population 100,000) has developed two local organizations to tap into the growing powerhouse of the Chinese economy.
Read the entire article here: Jan. 7, 2011, LaBrunerie’s Leverage, Columbia Business Times. How a small financial services company in Columbia landed major players for a Chinese equity research center to help investors understand the world’s second largest economy.