Sources of Debt Accumulation in Resource-Dependent Provinces ...
Governments in provinces relying on natural resource commodities for significant amounts of revenue face the distinct challenge of unpredictably fluctuating budget circumstances. As politicians routinely point out, much of that challenge is in the volatility of global commodity prices. But a big par...
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ftdatacite:10.11575/sppp.v8i0.42524.g30412 2023-08-27T04:10:38+02:00 Sources of Debt Accumulation in Resource-Dependent Provinces ... Kneebone, Ronald D. 2015 application/pdf https://dx.doi.org/10.11575/sppp.v8i0.42524.g30412 https://journalhosting.ucalgary.ca/index.php/sppp/article/view/42524/30412 en eng The School of Public Policy Publications https://dx.doi.org/10.11575/sppp.v8i0.42524 Text article-journal Article ScholarlyArticle 2015 ftdatacite https://doi.org/10.11575/sppp.v8i0.42524.g3041210.11575/sppp.v8i0.42524 2023-08-07T14:24:23Z Governments in provinces relying on natural resource commodities for significant amounts of revenue face the distinct challenge of unpredictably fluctuating budget circumstances. As politicians routinely point out, much of that challenge is in the volatility of global commodity prices. But a big part of it is actually the policies of the governments themselves. In fact, when effects of commodity prices, economic cycles and fiscal policy are separated from one another, one of the biggest impacts on government debt over the last 30 years in Canada’s four resource-dependent provinces — Alberta, Saskatchewan, British Columbia and Newfoundland and Labrador — has been government policy. While years of booming economies have offset years of busts, virtually all the debt racked up by these provinces over more than three decades has been a combination of movements in commodity prices and political decisions. In Alberta, over three periods since the early 1980s, totalling more than 15 years cumulatively, it was policy ... : The School of Public Policy Publications, Vol 8 (2015) ... Article in Journal/Newspaper Newfoundland DataCite Metadata Store (German National Library of Science and Technology) Newfoundland |
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Governments in provinces relying on natural resource commodities for significant amounts of revenue face the distinct challenge of unpredictably fluctuating budget circumstances. As politicians routinely point out, much of that challenge is in the volatility of global commodity prices. But a big part of it is actually the policies of the governments themselves. In fact, when effects of commodity prices, economic cycles and fiscal policy are separated from one another, one of the biggest impacts on government debt over the last 30 years in Canada’s four resource-dependent provinces — Alberta, Saskatchewan, British Columbia and Newfoundland and Labrador — has been government policy. While years of booming economies have offset years of busts, virtually all the debt racked up by these provinces over more than three decades has been a combination of movements in commodity prices and political decisions. In Alberta, over three periods since the early 1980s, totalling more than 15 years cumulatively, it was policy ... : The School of Public Policy Publications, Vol 8 (2015) ... |
format |
Article in Journal/Newspaper |
author |
Kneebone, Ronald D. |
spellingShingle |
Kneebone, Ronald D. Sources of Debt Accumulation in Resource-Dependent Provinces ... |
author_facet |
Kneebone, Ronald D. |
author_sort |
Kneebone, Ronald D. |
title |
Sources of Debt Accumulation in Resource-Dependent Provinces ... |
title_short |
Sources of Debt Accumulation in Resource-Dependent Provinces ... |
title_full |
Sources of Debt Accumulation in Resource-Dependent Provinces ... |
title_fullStr |
Sources of Debt Accumulation in Resource-Dependent Provinces ... |
title_full_unstemmed |
Sources of Debt Accumulation in Resource-Dependent Provinces ... |
title_sort |
sources of debt accumulation in resource-dependent provinces ... |
publisher |
The School of Public Policy Publications |
publishDate |
2015 |
url |
https://dx.doi.org/10.11575/sppp.v8i0.42524.g30412 https://journalhosting.ucalgary.ca/index.php/sppp/article/view/42524/30412 |
geographic |
Newfoundland |
geographic_facet |
Newfoundland |
genre |
Newfoundland |
genre_facet |
Newfoundland |
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https://dx.doi.org/10.11575/sppp.v8i0.42524 |
op_doi |
https://doi.org/10.11575/sppp.v8i0.42524.g3041210.11575/sppp.v8i0.42524 |
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