Prudence fiscale, indicateurs d'endettement et évolution de l'état des finances des administrations publiques au Canada

Alain Paquet ()

No 59, Cahiers de recherche CREFE / CREFE Working Papers from CREFE, Université du Québec à Montréal

Abstract: Ce texte discute de la mesure, des causes et des conséquences de l'endettement public et revoit divers indicateurs d'endettement, de solvabilité et de prudence fiscale. Après avoir présenté une analyse descriptive et comparative de la situation de la dette publique des gouvernements au Canada et ailleurs dans le monde, nous évaluons la solvabilité des gouvernements au Canada. Finalement, nous construisons des indicateurs de prudence fiscale pour les gouvernements fédéral et québécois qui révèlent dans quelle mesure les politiques financières poursuivies ont été insoutenables.

This paper discusses the measurement, the causes and the implication of public indebtedness. Several indicators of indebtedness, solvency and fiscal prudence are also reviewed. Having presented a descriptive and comparative analysis of public indebtedness of the various levels of government in Canada and elsewhere, we assess the solvency of governments in Canada. Finally, we construct indicators of fiscal prudence for the Federal and the Quebec governments that reveal to which extent the fiscal policies that were followed were unsustainable.

Keywords: Public debt; Fiscal prudence; Canada (search for similar items in EconPapers)
JEL-codes: E62 H62 H63 (search for similar items in EconPapers)
Pages: 41 pages
Date: 1998-02
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