Banking on Black Enterprise [Paperback]

Timothy Bates (Author)

Book Description

ISBN-10: 0941410943 | ISBN-13: 978-0941410946 | Publication Date: March 31, 1993

Since the 1960s, black businesses have been diversifying and expanding in response to increases in entrepreneurial talent and investment capital. Opportunities created by policies such as procurement set-aside programs have induced better educated, younger blacks to create and expand firms in new lines of business, including wholesaling, contracting, and skill-intensive services. Bates argues that targeting assistance toward these emerging small businesses could go far toward halting the chronic drain of capital and skills suffered by our nation's inner cities. For the research in this book, Bates has been quoted most recently in The Economist and, twice, in The Wall Street Journal, whose editors described him as 'the reigning expert on minority business.' In 1993 Banking was cited in Congressional hearings for its evidence of the positive impact that greater investment in minority-owned firms could have on inner-city poverty.

Editorial Reviews

From Booklist

Bates is an economist specializing in minority business development. He refutes the notion that black business is mostly made up of traditional neighborhood and mom-and-pop operations. He identifies an emerging and diversified black business community, demonstrates the importance of set-aside programs, and shows that minority employers offer the best hope for solving the inner-city and minority employment crises. Brad Hooper --This text refers to the Hardcover edition.

Review

[Bates]...shows that minority employers offer the best hope for solving the inner-city and minority unemployment crises. Highly recommended for business and public policy collections.>>>> (Booklist )

Timothy Bates' Banking on Black Enterprise is a crowning achievement, a definitive public policy manifesto for our cities. It should be required reading for every urban policy maker on Capitol Hill and across the nation.>>>> (Franklin Lee Booklist )

Tim Bates' superbly well-documented book on the new class of black businesses in America points the way.>>>> (Bennett Harrison Booklist )

Bankers, bank regulators, business executives, Congress, the executive branch, and state and local officials might do well to read this book.>>>> (Edward D. Irons Booklist )

The book provides an excellent statistical picture of the nature and evolution of black-owned business in America.>>>> (Choice )

The book provides an excellent statistical picture of the nature and evolution of black-owned business in America. (Choice )

[Bates]...shows that minority employers offer the best hope for solving the inner-city and minority unemployment crises. Highly recommended for business and public policy collections. (Booklist )

Timothy Bates' Banking on Black Enterprise is a crowning achievement, a definitive public policy manifesto for our cities. It should be required reading for every urban policy maker on Capitol Hill and across the nation. (Franklin Lee Booklist )

Tim Bates' superbly well-documented book on the new class of black businesses in America points the way. (Bennett Harrison Booklist )

Bankers, bank regulators, business executives, Congress, the executive branch, and state and local officials might do well to read this book. (Edward D. Irons Booklist )

See all Editorial Reviews

Product Details

• Paperback: 190 pages
• Publisher: University Press Of America (March 31, 1993)
• Language: English
• ISBN-10: 0941410943
• ISBN-13: 978-0941410946
• Product Dimensions: 9 x 5.8 x 0.4 inches
• Shipping Weight: 8.2 ounces (View shipping rates and policies)
• Amazon Best Sellers Rank: #4,570,484 in Books (See Top 100 in Books)

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