Tag Archives: Productivity
Australian Economic Growth in Longer Term Perspective
A recent issue of The Economist highlighted the stellar economic performance of Australia – or as it was termed, “The Wonder Down Under” – arguing its economy is most arguably the most successful in the rich world. Australia has apparently not seen a recession for 27 years, seen its median income has grown four times […]
We Are Not Slower, Just More Erratic: Comparing Growth in Canada and the United States
The existence of a productivity gap between Canada and the United States should ultimately manifest itself in terms of the growth rate of real per capita GDP. If productivity growth in Canada is consistently below that of the United States, then our real per capita GDP should also not grow as quickly as the United […]
Measuring Universities: Once More Unto the Breach
Making change sometimes involves an elaborate public discourse and preparation of affected stakeholders and in Ontario the discourse is towards getting people in the public sector to do more with less. The latest target was drawn to my attention by Alex Usher’s Higher Education Strategy Associates (HESA) morning bulletin, which featured the preliminary report by […]
A Strong Dollar?
American economic policy debate has recently taken turns familiar to Canadians – health care sustainability, debts and deficits, and most recently, the value of the dollar.
Is Ontario in Decline?
With a battered manufacturing sector, a large public sector deficit, a drop in per capita GDP relative to other provinces and becoming a recipient of equalization, Ontario has definitely seen better days. The question is whether this is represents a long-term trend towards economic decline for Ontario or is it simply a short-term aberration?
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