Rethinking Canadian Economic Growth And Development Since 1900: The Quebec Case (palgrave Studies In Economic History)
by Vincent Geloso /
2017 / English / PDF
5.9 MB Download
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.
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.
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.