Morneaus economic growth council calls
For this assignment, first read the article “Morneau’s economic growth council calls for national infrastructure bank.”
In this writing assignment, you have to critically assess the first recommendation concerning the creation of an infrastructure development bank and its prospects of increasing Canada’s long-run GDP per capita growth rate using the theoretical models we have studied in lecture to support your claim. In particular, your essay should discuss the following prompt:
“Given your knowledge of the theory of long-run growth, will the creation of a Canadian Infrastructure Development Bank increase Canada’s long-run economic growth rate? Will it affect Canada’s economic growth rate in the short-run? For both, explain why or why not.”
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