Canada; Selected Issues
This paper explores the factors that have led to a Canada-U.S. productivity gap using a sectoral growth accounting approach. Both fiscal and monetary policies have had significant effects on the saving rate. The Canadian dollar’s appreciation was followed by a protracted period of exchange rate weakness. This paper reviews the institutional aspects of Canada’s real return bond program. The Canadian system provides a successful model for pension reform. Free trade has helped promote the integration of U.S. and Canadian economies, but significant differences remain.
Year of publication: |
2004-03-10
|
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Article IV consultations | Economic conditions | Selected issues | labor productivity | labor productivity growth | data sources | technologies | labor compensation | labor statistics | information technology | new technologies | labor productivities | labour | labor productivity level | information and communication technologies | internet | labor utilization |
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