Lessons from a Successfully Export-Oriented, Resource-Rich Economy

ISBN-13: 9783031038891 / Angielski / Miękka / 2023

Morris Altman

Opis

A major theme of this book is that, contrary to what many experts believe, being endowed with a plenitude of natural resources is not a curse: rather it provides a potential advantage, if capitalized by the well-endowed economy. Much depends on the institutions that help frame the decision-making process that affects the process of growth and development. Canada is an example of a successful export-oriented economy. And, its export-orientation has been a focal point of discussion and debate, going way back to discussions of the early fur trade, the fishing industry, wheat farming, and mining and oil and gas exploration. Unlike other economies well-endowed with natural resources, Canada does not appear to be at all cursed, but rather blessed with natural resource abundance. This book, which ranges from the late seventeenth to the early twentieth century, provides insights from Canadian economic history on how such abundance can be a handmaiden of successful growth and development. From this perspective, the natural resource curse appears to be more of a ‘man-made’ phenomenon than anything else. This book also investigates aspects of gender inequality in Canada as well as the evolution of hours worked as it intersects with worker preferences and ‘market forces’. The narratives in this book are contextualised by the construction of new or significantly revised data sets, which speaks to the importance of data construction to robust economic analysis and economic history.

Spis treści

1 Introduction: Myth and Reality in Canadian Economic History.- 2 Back to the Future: Reflections on the Canadian Economy in International Context.- 3 Growth Theory and Economic History: A Staple Perspective.- 4 Economic Growth and Development in Early Canada.- 5 The Economic Impact of the Seigniorial Tenure in Early Canada.- 6 Quebec Agriculture in the Mid-Nineteenth Century:  Comparing French Canadian and Non-French Farmers.- 7 Economic Development with High Wages: Economic Development in Central Canadian Manufacturing at the Turn of the Twentieth Century.- 8 Resource Endowments and Economic Development: Why Location and the Bounties of Nature Can't Explain Quebec's Laggard Economic Performance in the Pre-World War One Period.- 9 Railways as an Engine of Economic Growth? Who Benefited from the Canadian Railway Boom?.- 10 Manufacturing Growth in Canada and the Canadian Wheat Boom: New Light on an Old Question.- 11 New Historical Canadian Output Estimates: Implications for an Understanding of Canadian Economic Development, 1870-1926.- 12 How Long Did Canadian Workers Actually Work? The Struggle for a Shorter Work Week and Workers Standard Of Living Before the Great Depression.- 13 Gender Pay Inequality and Occupational Change in Canada, in the Early Twentieth Century.- 14 On the Natural Intelligence of Women: How the Feminization of Clerical Work Contributed to Gender Pay Equality in Early Twentieth Century Canada.

O autorze

Morris Altman is Chair Professor and Dean University of Dundee School of Business, Scotland, United Kingdom and Professor Emeritus at the University of Saskatchewan, Canada. He is a past president of the Society for the Advancement of Behavioral Economics and of the Association for Social Economics.

Blurb

A major theme of this book is that, contrary to what many experts believe, being endowed with a plenitude of natural resources is not a curse: rather it provides a potential advantage, if capitalized by the well-endowed economy. Much depends on the institutions that help frame the decision-making process that affects the process of growth and development. Canada is an example of a successful export-oriented economy. And, its export-orientation has been a focal point of discussion and debate, going way back to discussions of the early fur trade, the fishing industry, wheat farming, and mining and oil and gas exploration. Unlike other economies well-endowed with natural resources, Canada does not appear to be at all cursed, but rather blessed with natural resource abundance. This book, which ranges from the late seventeenth to the early twentieth century, provides insights from Canadian economic history on how such abundance can be a handmaiden of successful growth and development. From this perspective, the natural resource curse appears to be more of a ‘man-made’ phenomenon than anything else. This book also investigates aspects of gender inequality in Canada as well as the evolution of hours worked as it intersects with worker preferences and ‘market forces’. The narratives in this book are contextualised by the construction of new or significantly revised data sets, which speaks to the importance of data construction to robust economic analysis and economic history.

Morris Altman is Chair Professor and Dean University of Dundee School of Business, Scotland, United Kingdom and Professor Emeritus at the University of Saskatchewan, Canada. He is a past president of the Society for the Advancement of Behavioral Economics and of the Association for Social Economics.