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Hot Topics in Economics

India’s Rapid Growth Masks Deep Seated Concerns

May 17, 2011

Kip Beckman Kip Beckman
Principal Research Associate,
Economic Services

In 1991, then Indian Finance Minister and current Prime Minister Manmohan Singh faced a dire situation. The Indian economy was on the verge of defaulting on its debt due to a collapse in its foreign exchange reserves. Singh reacted to the crisis ...

Despite the Protests, B.C.’s HST Will Bring Long Term Gains

May 09, 2011

Kip Beckman Alicia Macdonald
Forecasting and Analysis

The introduction of the Harmonized Sales Tax (HST) has been unpopular with many in British Columbia. While businesses heralded the announcement to harmonize the provincial sales tax with the federal GST, the response from consumers and certain political circles was much less enthusiastic. This ...

When Public Debt Becomes Dangerous: The 80 Per Cent Rule

May 04, 2011

Glen Hodgson
Senior Vice-President and Chief Economist
The Conference Board of Canada

Large fiscal deficits are now the norm in many countries, and recurring fiscal deficits can quickly turn into a crushing burden of public debt. At what point does public debt become a burden for countries and governments, ...

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