Canada: Selected Issues

March 10, 2004

Preview Citation

Format: Chicago

Canada: Selected Issues, (USA: International Monetary Fund, 2004) accessed November 26, 2024

Summary

This paper explores the factors that have led to a Canada-U.S. productivity gap using a sectoral growth accounting approach. Both fiscal and monetary policies have had significant effects on the saving rate. The Canadian dollar’s appreciation was followed by a protracted period of exchange rate weakness. This paper reviews the institutional aspects of Canada’s real return bond program. The Canadian system provides a successful model for pension reform. Free trade has helped promote the integration of U.S. and Canadian economies, but significant differences remain.

Subject: Inflation, Labor, Labor productivity, Pensions, Prices, Production, Productivity, Retirement

Keywords: Balassa-Samuelson effect, Canada, CR, Europe, Global, Growth gap, Inflation, ISCR, Labor productivity, North America, Pensions, Personal saving, Productivity, Retirement, RRB yield, Saving, Saving rate

Publication Details

Pages:

85
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/060
Stock No:

1CANEA0012004
ISBN:

9781451806908
ISSN:

1934-7685

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