Repositorio Universitario Digital (MiCISAN)

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Norteamérica, Revista académica del CISAN-UNAM

Mtra. Norma Aída Manzanera Silva, responsable de la colección en el repositorio

Centro de Investigaciones sobre América del Norte

Universidad Nacional Autónoma de México (UNAM)

N0007-0015

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1870-3550

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Year 4, number 1, January-June 2009 (7)

Drache, Daniel

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Universidad Nacional Autónoma de México, Centro de Investigaciones sobre América del Norte

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Canada has been both blessed and cursed by its vast resource wealth. Immense resource riches send the wrong message to the political class that thinking and planning for tomorrow is unnecessary when record high global prices drive economic development at a frenetic pace. Short-termism, the loss of manufacturing competitiveness ("the Dutch disease") and long term rent-seeking behavior from the corporate sector become, by default, the low policy standard. This article contends that Canada is not a simple offshoot of Anglo-American, hyper-commercial capitalism, but is subject to the recurring dynamics of social Canada and for this reason the Northern market model of capitalism needs its own theoretical articulation. Its distinguishing characteristic is that there is a large and growing role for mixed goods and non-negotiable goods in comparison to the United States even when the proactive role of the Canadian state had its wings clipped to a degree that stunned many observers. This article also examines the uncoupling of the Canadian and U.S. economies driven in part by the global resource boom. The downside of the new staples export strategy is that hundreds of thousands of jobs have disappeared from Ontario and Quebec. Ontario, once the rich "have" province of the Confederation, is now a poor cousin eligible for equalization payments. Unlike earlier waves of deindustrialization, there is little prospect for recovering many of these better paying positions. Without a focused government strategy, the future of Canada's factory economy is grim. The final section addresses the dynamics of growing income polarization and its lessons for the future. With a global slowdown or worse on the horizon, Canada's unique combination of mixed goods and orthodox market-based policies is likely to be unsustainable in its current form. For countries with a similar endowment, the Northern model is unexportable.

El documento original impreso/digital se encuentra en resguardo del Centro de Investigaciones sobre América del Norte CISAN de la UNAM, proyecto Memoria Institucional (MICISAN)

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Recursos canadienses, capitalismo, economía canadiense, bienes mixtos, políticas de mercado, modelo canadiense

Canada's resources, capitalism, Canadian economy, mixed goods, market policies, Canadian model

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eng

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Norteamérica: revista académica del CISAN-UNAM

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Centro de Investigaciones sobre América del Norte (CISAN), %%Canada’s Resource Curse: Too Much of a Good Thing%%, objeto digital: Repositorio Universitario Digital (MiCISAN)Norteamérica, Revista académica del CISAN-UNAM. En %%Portal de datos abiertos UNAM%% (en línea), México, Universidad Nacional Autónoma de México. Disponible en: http://datosabiertos.unam.mx/CISAN:RU-UNAM:N00078 Fecha de actualización: 2017-07-31 14:03:35.716288 Fecha de consulta:

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Para mayor información sobre la colección favor de enviar un correo a: manzaner #para# unam.mx