Budgeting in Canada:
Canada's level of indebtedness, as a percentage of GDP, increased from a level lower than the average for OECD Member countries in the early 1980s to a high of 97.6% in 1995. This was a level of debt exceeded only by Italy among G7 nations and Belgium and Greece among the wider OECD community....
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic Book Chapter |
| Language: | English |
| Published: |
Paris
OECD Publishing
2001
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| Subjects: | |
| Online Access: | DE-384 DE-473 DE-824 DE-29 DE-739 DE-355 DE-20 DE-1028 DE-1049 DE-521 DE-861 DE-898 DE-92 DE-91 DE-573 DE-19 Volltext |
| Summary: | Canada's level of indebtedness, as a percentage of GDP, increased from a level lower than the average for OECD Member countries in the early 1980s to a high of 97.6% in 1995. This was a level of debt exceeded only by Italy among G7 nations and Belgium and Greece among the wider OECD community. Fiscal management reached a breaking point in 1994. It was recognised that the fiscal situation had reached crisis proportions and strong corrective measures were needed. Today, Canada is enjoying a budget surplus and is repaying debt. This paper surveys these developments |
| Physical Description: | 1 Online-Ressource (45 Seiten) |
| DOI: | 10.1787/budget-v1-art10-en |
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| spelling | Blöndal, Jón R... Verfasser aut Budgeting in Canada Jón R. Blöndal Paris OECD Publishing 2001 1 Online-Ressource (45 Seiten) txt rdacontent c rdamedia cr rdacarrier Canada's level of indebtedness, as a percentage of GDP, increased from a level lower than the average for OECD Member countries in the early 1980s to a high of 97.6% in 1995. This was a level of debt exceeded only by Italy among G7 nations and Belgium and Greece among the wider OECD community. Fiscal management reached a breaking point in 1994. It was recognised that the fiscal situation had reached crisis proportions and strong corrective measures were needed. Today, Canada is enjoying a budget surplus and is repaying debt. This paper surveys these developments Governance Canada https://doi.org/10.1787/budget-v1-art10-en Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Blöndal, Jón R.. Budgeting in Canada Governance Canada |
| title | Budgeting in Canada |
| title_auth | Budgeting in Canada |
| title_exact_search | Budgeting in Canada |
| title_exact_search_txtP | Budgeting in Canada |
| title_full | Budgeting in Canada Jón R. Blöndal |
| title_fullStr | Budgeting in Canada Jón R. Blöndal |
| title_full_unstemmed | Budgeting in Canada Jón R. Blöndal |
| title_short | Budgeting in Canada |
| title_sort | budgeting in canada |
| topic | Governance Canada |
| topic_facet | Governance Canada |
| url | https://doi.org/10.1787/budget-v1-art10-en |
| work_keys_str_mv | AT blondaljonr budgetingincanada |