The Longest Decade: Introduction and Overview
In: The Review of Economic Performance and Social Progress 2001: The Longest Decade: Canada in the 1990s
The 1990s was a long decade in Canada. It was a period of transitions and turbulence, of seismic shifts in the Canadian economy and dramatic changes in many longstanding public programs. It was also a decade in which Canadians' attitudes toward their economic future and their expectations of government seemed to evolve in new and uncharted directions. The decade began with a deep, prolonged recession yet it ended with the return of strong economic growth. The basic structure of the Canadian economy was being reshaped by forces felt around the world, such as trade liberalization, globalization and technological change. The 1990s also saw major changes in public policy. Most importantly, the basic strategy guiding macroeconomic policy shifted dramatically. Monetary authorities adopted price stability as their primary objective, producing restrictive inflation targets and high interest rates compared to many other countries. Fiscal policy was also tightened sharply, as federal and provincial governments moved aggressively to eliminate longstanding deficits, mainly through deep cuts to public expenditures. The purpose of this introduction is twofold. First, it provides a synthesis of what the editors see as the main themes that emerge from the different chapters, including a discussion of the implications for public policy and second, it provides a detailed overview of the main findings of all chapters in the volume. The chapters are written by leading experts in the field and provide more detailed views of specific dimensions of the economic and social developments of the 1990s. The chapters are organized into four sections dealing with basic concepts, the public view of economic and social trends, changes in key public policies, and the outcomes in terms of the economic, social and environmental record of the 1990s.
|This chapter was published in: |
|This item is provided by Centre for the Study of Living Standards & The Institutute for Research on Public Policy in its series The Review of Economic Performance and Social Progress with number v:1:y:2001:int.|
|Contact details of provider:|| Postal: 151 Slater Street, Suite 710, Ottawa, ON K1P 5H3|
Web page: http://www.csls.ca/
More information through EDIRC
Postal:1470 Peel Street, Suite 200, Montreal, QC H3A 1T1
Web page: http://www.irpp.org/
|Order Information:|| Web: http://www.csls.ca Email: |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Andrew Sharpe, 2001. "Determinants of Trends in Living Standards in Canada and the United States, 1989-2000," International Productivity Monitor, Centre for the Study of Living Standards, vol. 2, pages 3-10, Spring.
When requesting a correction, please mention this item's handle: RePEc:sls:repsls:v:1:y:2001:int. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CSLS)
If references are entirely missing, you can add them using this form.