Drawing on interviews with economic policymakers, Fiscal Choices examines the fiscal policies implemented by the Canadian government in response to the COVID-19 pandemic, and the economic and political challenges that we face in the aftermath.
Drawing on interviews with economic policymakers, Fiscal Choices examines the fiscal policies implemented by the Canadian government in response to the COVID-19 pandemic, and the economic and political challenges that we face in the aftermath.
List of Illustrations List of Tables Preface Abbreviations 1. The Pandemic and After Responding to the Pandemic The Post-pandemic Search for Stability What Kind of Change Is Required? Keep in Mind 2. Making Economic Decisions An Epistemic Elite Distinctive Roles and Critical Relationships The Limitations of Elite Decision-Making Conclusion 3. Governing after the Pandemic Can Government Do Good? Stabilizing the Economy: Program Design and Delivery Governments’ Role in the Economy: Will Anything Change? The Growth Imperative Conclusion 4. Coping with Income and Wealth Inequalities Why Is Inequality a Problem? The Complicated Relationship between Inequality and Economic Growth Traditional Programs That Tackle Inequality Alternative Proposals on Inequality Conclusion 5. Dealing with the Debt Debt Dimensions The Debt Threat Guardrails, Anchors, and Rules Debt Options: Good, Bad, and Ugly Conclusion 6. Holding the Federation Together Evaluating Fiscal Federalism Institutions The Pandemic: Addressing a Fiscal Emergency Risk Reduction Risk Sharing Conclusion 7. Keeping Government Accountable On Being Accountable Parliament and the Budget Process Bureaucrats, Budgets, and Program Reviews Auditors and Budget Officers Conclusion 8. Canada’s Fiscal Future Stubborn Realities Pandemic Effects Pressing Needs Conclusion Appendix 1: Interview Questions Appendix 2: A Survey on Canadians’ Opinions on the Post-pandemic Economy and Fiscal Policy References Index
List of Illustrations List of Tables Preface Abbreviations 1. The Pandemic and After Responding to the Pandemic The Post-pandemic Search for Stability What Kind of Change Is Required? Keep in Mind 2. Making Economic Decisions An Epistemic Elite Distinctive Roles and Critical Relationships The Limitations of Elite Decision-Making Conclusion 3. Governing after the Pandemic Can Government Do Good? Stabilizing the Economy: Program Design and Delivery Governments’ Role in the Economy: Will Anything Change? The Growth Imperative Conclusion 4. Coping with Income and Wealth Inequalities Why Is Inequality a Problem? The Complicated Relationship between Inequality and Economic Growth Traditional Programs That Tackle Inequality Alternative Proposals on Inequality Conclusion 5. Dealing with the Debt Debt Dimensions The Debt Threat Guardrails, Anchors, and Rules Debt Options: Good, Bad, and Ugly Conclusion 6. Holding the Federation Together Evaluating Fiscal Federalism Institutions The Pandemic: Addressing a Fiscal Emergency Risk Reduction Risk Sharing Conclusion 7. Keeping Government Accountable On Being Accountable Parliament and the Budget Process Bureaucrats, Budgets, and Program Reviews Auditors and Budget Officers Conclusion 8. Canada’s Fiscal Future Stubborn Realities Pandemic Effects Pressing Needs Conclusion Appendix 1: Interview Questions Appendix 2: A Survey on Canadians’ Opinions on the Post-pandemic Economy and Fiscal Policy References Index
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