Dr. Ramona Hernández quoted in Wall Street Journal article on newcomers and small businesses in the US
The Wall Street Journal recently published a very informative piece on the role that immigrants hailing from Latin American, Asian and South East Asian countries have played in keeping small businesses alive. Among the immigrant communities under discussion are Cubans, Vietnamese, Koreans, Mexicans, Chinese, Indian and Dominicans. The WSJ article makes the assertion that immigrants “are more inclined to own small businesses than native-born Americans”. Dr. Ramona Hernández, Professor of Sociology and Director of the Dominican Studies Institute at City University of New York (CUNY DSI), is quoted on the transition of small Dominican-owned neighborhood grocery stores to big chain supermarkets.
Additionally, the article looks at census data from the Fiscal Policy Institute (FPI) to examine how immigrant-owned small businesses impact the US economy. In that regard, it looks at how mom and pop shops as well as small businesses that provide services have sprung up throughout the United States since the 1980s in areas beyond major urban centers where immigrant populations have traditionally settled.
To read the article click on this link: http://online.wsj.com/article/SB10001424052702303410404577464853249366254.html