Staples Theory and Canadian Economic Development
This paper looks at Mel Watkins' staples theory in relation to linkages and Canadian economic development.
# 131243 | 750 words | 0 sources | MLA | 2006 |
Published on Dec 01, 2006 in Political Science (Fiscal Policy (economy)) , Canadian Studies (Business Issues) , Canadian Studies (Economics and Finance) , Economics (General)
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In this article, the writer discusses that Watkins' paper of 1963 reviewed the history of Canadian economic development stressing staple commodities and the linkages domestic and foreign that they involved. Commentary is given on how this was essentially a colonial or post-colonial economy and later, on how this prevails into the present. However much is said of a transformed neo-liberal environment or the opportunities of globalization, one sees a country of tall disparities and dependence on foreign exports much in keeping with the past.
From the Paper:"As a basic framework, Melville Watkins' staples theory explains Canadian economic development and the importance of both domestic and external commodity-oriented linkages. (1967) A reader needs to see that Watkins' paper first appeared in 1963 as an effort to explain how Canada's economy had developed into a post-World War II era in first flight, unpredictable in its promise of growth, and the thought of Harold Innis still very much in mind. For Watkins, commodities were as important as they had been to Innis, 20 years before, in careful attention to how fish, lumber or the ..."
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