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HomePolicy Articles Article Summary

A Guide to the Enron Collapse

Corporate Profiles by Darren Puscas

In A Guide to the Enron Collapse, Darren Puscas provides a condensed summary of the major events leading to Enron’s 2001 downfall. Puscas’s analysis includes potential trouble spots that should have been noticed before the collapse, a discussion of the role played by the broader economic crisis at the time, and an examination of Enron’s role in pushing negotiations to secure the General Agreement on Trade in Services (GATS) at the World Trade Organization (WTO). Additionally, Puscas considers whether a similar incident could happen in Canada and proposes lessons that might be learned specifically by Ontario Hydro, in light of the Enron debacle. The analysis concludes with calls for a structural overhaul of the American and Canadian corporate system, changes Puscas believes will make corporate finance more transparent and prevent similar incidents in the future.

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Policy Publication Details

Author(s): Darren Puscas;
Publisher: Canadian Centre for Policy Alternatives [ Visit Website ]
Year Published: 2002; Publisher Type: Research Institute
Publicly Available: Yes Research Focus: International; National;
Registration Required: No Language: English
Payment Required: No Publication Format: Adobe PDF

Subjects / Categories:

Policy Articles / International Trade, Development & Finance / World Trade Organization
Policy Articles / International Trade, Development & Finance / General Agreement on Trade in Services (GATS)
Policy Articles / Monetary & Capital Management / Government & Business Enterprises
Policy Articles / International Trade, Development & Finance
Policy Articles / Monetary & Capital Management
Policy Articles / International Trade, Development & Finance / General Agreement on Trade in Services (GATS) / 2002
Policy Articles / International Trade, Development & Finance / World Trade Organization / 2002
Policy Articles / Monetary & Capital Management / Government & Business Enterprises / 2002


Keywords / Tags:

Enron; collapse; economic crisis; privatization; WTO; GATS; Ontario Hydro;