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; the decline in Canada's relative international productivity ranking; and the widening of the Canada-US manufacturing …In this chapter, Andrew Sharpe provides a comprehensive non-technical introduction to the productivity issue, including … discussion of productivity concepts, measurement issues, trends and prospects. He begins by noting that productivity is the …
Persistent link: https://www.econbiz.de/10005650208
In this chapter, Graves and Jenkins explore the attitudes of Canadians to productivity. The distinction between our … Graves and Jenkins data is relatively aware of the terms of the productivity debate. Canadians appear to have a broadly … optimistic view of the economy, but give the country only a lukewarm overall rating of its productivity. Moreover, although …
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first half of the 1990s, has its roots in part in the different labour market and productivity performance of the two … economies and that Canada's inferior income performance reflected cyclical factors associated with poor macroeconomic policy … economic and labour market developments in Canada and the United States in the 1989-2000 period, looking at trends in real …
Persistent link: https://www.econbiz.de/10005650217
In this chapter, Jim Stanford agrees that measures were needed to eliminate the deficit. But he argues that Paul Martin's program spending cuts were larger than necessary and caused real pain in many areas of Canadian life. He shows that a strategy in which program spending was frozen in nominal...
Persistent link: https://www.econbiz.de/10005518912
This is a review article by Andrew Sharpe from the Centre for the Study of Living Standards of Angus Maddison's path-breaking new book, The World Economy: A Millennial Perspective. The article summarizes Maddison's key findings in a number of areas, with particular emphasis on his estimates of...
Persistent link: https://www.econbiz.de/10005518964
In this chapter, Don Drummond makes the case that with large deficits there was little room for the Bank of Canada to … argues that the elimination of the deficit has reduced risk premia and allowed the Bank of Canada to bring interest rates …
Persistent link: https://www.econbiz.de/10005157589
in Canada, Fortin lays the blame for the inferior economic performance of the Canadian economy relative to the U ….S. economy squarely on the back of the Bank of Canada, and dismisses structural explanations of the recession as lacking an …
Persistent link: https://www.econbiz.de/10005157590