Since 2014
Financial Restructuring: Implications of Recent Canadian Macroeconomic Developments
Studies in Political Economy
View Archive Info| Field | Value | |
| Title |
Financial Restructuring: Implications of Recent Canadian Macroeconomic Developments
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| Creator |
Baragar, Fletcher
Seccareccia, Mario |
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| Subject |
—
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| Description |
For most of the last 15 years, Canada’s federal governments have boasted of their fiscal rectitude in achieving balanced budgets. This came with a steep price, as progressive critics have shown: lower actual and potential public expenditures are linked to mounting social deficits in the form of hunger, poverty, inadequate housing, environmental degradation, and so on. In an illuminating analysis of the flows between the corporate sector, the household sector, and the consolidated government sector of the Canadian economy, Fletcher Baragar and Mario Seccareccia push the analysis even further, demonstrating that governments’ recent fiscal “success story” simply transformed “overhanging federal and provincial debt (...) into exploding household (and municipal) debt — debt that is traded in increasingly turbulent and unstable financial markets internationally.”
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| Publisher |
Studies in Political Economy
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| Contributor |
—
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| Date |
2010-05-25
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://spe.library.utoronto.ca/index.php/spe/article/view/5102
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| Source |
Studies in Political Economy; Vol 82 (2008): Trade and investment
1918-7033 0707-8552 |
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| Language |
eng
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| Relation |
http://spe.library.utoronto.ca/index.php/spe/article/view/5102/1941
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| Coverage |
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