Note - Competitiveness - 2009 Winter Final

Note - Competitiveness - 2009 Winter Final -...

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Competitiveness The Staple Thesis of Harold Innis – In 1922, Harold Innis’s staple thesis: ( Watkins 1963) : A theory of growth based on production and export of "staples" – which seems, in this context, to mean raw materials . The theory was designed for understanding the early history of Canada, and is said to be most relevant for economies with an abundance of open land The validity of the Staple Theory requires the existence of a set of economies growing in substantial reliance on primary product exports. Wikipedia Innis argued that Canada developed as it did because of the nature of its staple commodities: raw materials, such as fish, fur, lumber, agricultural products and minerals, which were exported to Europe. This trading link cemented Canada's cultural links to Europe. The staples thesis states that exportation of raw materials can trigger sustainable economic growth - while its critics argue that reliance on commodity export can constitute a development trap. Alex’s Slide Asserted the origins and purposes of the federal government can be understood in terms of an economic territory dependent upon the export of certain staples. To make it commercially feasible, production entailed heavy public expenditures on railways and canals. The government filled an important vacuum by being the substitute for private enterprise in the building and developing Canada. Thomas Hockin later argued that the Canadian government was given an active role in national development and fostering and protecting of certain cultural and economic characteristics. 1
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(Barrows, 3-33) the issue of economic growth is closely related to the notion of competitiveness, which is defined as “involves increased productive capacity achieved by innovation, superior technology, continuous skill-enhancing training, and a concern with social equity and environmental preservation” Due to technologies breakthrough in microelectronics, transportation and communication, competitiveness is no longer viewed primary from a domestic perspective. Some consider competitiveness as the driving down of costs to the lowest common denominator by hollowing out corporations, outsourcing, job shifting to lower wage countries, and reducing wage and benefits and social entitlements of workers. (Wesson, 1-33) Others see competitiveness as involving increased productive capacity achieved by innovation, superior technology, continuous skill enhancing training and a concern with social equity and environmental preservation. Paul Krugman’s view o Nations do not compete in any meaningful sense of the word. o He sees it as akin to productivity Canada’s Competitiveness – There are three different approaches to assess Canada’s global competitiveness: a factor model, trade performance, and cost-based indicators Factor models – Factor models identify critical success areas and compare the performance of different economics in each area.
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Note - Competitiveness - 2009 Winter Final -...

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