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The thickening of the Canada-US border in response to post 9/11 security challenges has created new obstacles to cross-border trade and investment. However, preclearance of people and goods before they arrive at the physical border offers one of the best ways to address cross-border obstacles...
Persistent link: https://www.econbiz.de/10013115631
This paper utilizes a unique trade database that includes all provincial, state and cross-border trade in North America. The analysis shows that the border effect, although present, is not as strong as once thought and appears to be largely related to tariff and non-tariff based barriers to...
Persistent link: https://www.econbiz.de/10013159902
A confluence of factors promises to put pressure on the new Bank of Canada governor to direct monetary policy at fixing Canada's so-called "overvalued" currency, according to a report released today by the C.D. Howe Institute. But in "The Seductive Myth of Canada's 'Overvalued' Dollar," author...
Persistent link: https://www.econbiz.de/10013078452
Resource abundance does not always bring sustained economic growth and development. Moreover, the mining sector generally provides little direct employment in the regions where extraction occurs. In an attempt to derive greater benefits from their resource endowments, and increase linkages with...
Persistent link: https://www.econbiz.de/10011779443
The main body of theory concerned with the gains and losses incurred because of international investment has been carried out in the context of a two factor-two country-good model in which labour is immobile internationally while some of the capital goods of the home country are invested abroad....
Persistent link: https://www.econbiz.de/10005688088
The economic success story of the 1990s has been Ireland, with GDP per capita nearly doubling over the decade. In this article Pierre Fortin from the Université du Québec à Montréal and the Canadian Institute for Advanced Research provides a detailed examination of the factors behind the...
Persistent link: https://www.econbiz.de/10005518962
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