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Hot Topics in Economics

Cities Are the Main Economic Engine: Will Canada Finally Get it?

December 23, 2011


Director
Centre for Municipal Studies

For years now The Conference Board of Canada has been pressing this country not only to recognize the importance of its large urban centres, but to put in place policies that would allow our largest cities to reach their full potential. At ...

Germany and the Euro: A Victim of Its Own Success?

December 21, 2011

Kip Beckman
Principal Research Associate
Economic Services

The world’s attention is fixed on the debt and banking crisis in Europe and how this will play out over the next few months. Greece, Portugal, Italy and Spain piled up the debt after they joined the euro-zone. When the severe global ...

A Big Idea Whose Time Has Yet to Arrive: A Guaranteed Annual Income

December 15, 2011

Glen Hodgson
Senior Vice-President and Chief Economist
Forecasting and Analysis

There is little talk today among thought-leaders in Canada of a guaranteed annual income, or GAI, as an efficient and effective way to combat poverty—despite mounting evidence of rising social inequality and never-ending concerns about social exclusion. The Conference ...

Provincial Debt is Not a Federal Responsibility!

November 30, 2011

Glen Hodgson
Senior Vice-President and Chief Economist
Forecasting and Analysis

The critical financial problems in Europe are forcing all governments to re-examine how their fiscal deficits and public debt are managed, even if they are not in a state of turmoil. The richer euro-zone members, led by Germany and ...

Does Government Spending Destroy Jobs?

November 24, 2011

Kip Beckman Kip Beckman
Principal Research Associate
Economic Services

The great economist John Maynard Keynes argued that during depressed economic times when consumers and businesses are reluctant to spend, the government should step in and fill the void and help create jobs via, for instance, infrastructure spending. While most economists accept ...

Greece, Italy and Inevitable Austerity: No Easy Way Out

November 14, 2011

Glen Hodgson
Senior Vice-President and Chief Economist
Forecasting and Analysis

Greece, Italy and a few other euro-zone members are facing a hard period of fiscal austerity in an effort to remain in the eurozone and restore their credibility with private financial markets. Fiscal austerity will be painful, prolonged, and ...

Let Bulldozers Solve US Housing Mess

October 31, 2011

Kip Beckman Kip Beckman
Principal Research Associate,
Economic Services

The numbers are staggering. Three years after the housing crisis, 14.6 of the 51 million mortgages in the United States are underwater, meaning that mortgage debt is greater than the value of their homes. National home prices have tumbled by around 40 ...

Don’t Kid Yourself: Lower Taxes Usually Mean Reduced Services and Higher Debt

October 20, 2011

Glen Hodgson
Senior Vice-President and Chief Economist
Forecasting and Analysis

Virtually no one enjoys paying taxes, me included. We would all love to live in a state where taxes are kept low (or are paid by someone else), yet where we benefit from high-quality public services. But that’s not ...

Does Argentina’s 2002 Debt Default Provide an Option for Greece?

October 13, 2011

Kip Beckman
Principal Research Associate,
Economic Services

Does history offer Greece any help in determining the appropriate direction to take in terms of handling its massive debt, or does the decision simply boil down to a condemned man’s choice of being either shot or hung? Argentina’s experience with linking ...

Le Québec a besoin d’un Plan Sud pour redonner à Montréal sa vitalité

September 20, 2011

Mario Lefebvre
Directeur
Centre des études municipales

English version

Montréal est le grand moteur de la croissance économique du Québec. Ainsi va Montréal, ainsi vont la majorité des collectivités environnantes et, en fait, la plus grande partie de la province. Les résultats économiques de Montréal étant inférieurs à la ...

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