Rethinking Canadian Economic Growth and Development since 1900

The Quebec Case

Business & Finance, Economics, Economic Development, Economic History
Cover of the book Rethinking Canadian Economic Growth and Development since 1900 by Vincent Geloso, Springer International Publishing
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Author: Vincent Geloso ISBN: 9783319499505
Publisher: Springer International Publishing Publication: March 20, 2017
Imprint: Palgrave Macmillan Language: English
Author: Vincent Geloso
ISBN: 9783319499505
Publisher: Springer International Publishing
Publication: March 20, 2017
Imprint: Palgrave Macmillan
Language: English

This book upturns many established ideas regarding the economic and social history of Quebec, the Canadian province that is home to the majority of its French population. It places the case of Quebec into the wider question of convergence in economic history and whether proactive governments delay or halt convergence.  

The period from 1945 to 1960, infamously labelled the Great Gloom (Grande Noirceur), was in fact a breaking point where the previous decades of relative decline were overturned – Geloso argues that this era should be considered the Great Convergence (Grand Rattrapage). In opposition, the Quiet Revolution that followed after 1960 did not accelerate these trends. In fact, there are signs of slowing down and relative decline that appear after the 1970s. The author posits that the Quiet Revolution sowed the seeds for a growth slowdown by crowding-out social capital and inciting rent-seeking behaviour on the part of interest groups. 

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book upturns many established ideas regarding the economic and social history of Quebec, the Canadian province that is home to the majority of its French population. It places the case of Quebec into the wider question of convergence in economic history and whether proactive governments delay or halt convergence.  

The period from 1945 to 1960, infamously labelled the Great Gloom (Grande Noirceur), was in fact a breaking point where the previous decades of relative decline were overturned – Geloso argues that this era should be considered the Great Convergence (Grand Rattrapage). In opposition, the Quiet Revolution that followed after 1960 did not accelerate these trends. In fact, there are signs of slowing down and relative decline that appear after the 1970s. The author posits that the Quiet Revolution sowed the seeds for a growth slowdown by crowding-out social capital and inciting rent-seeking behaviour on the part of interest groups. 

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