Some economic dimensions of the sovereignty debate in Quebec: debt, GDP, and migration

Somers, Kim; Vaillancourt, François
June 2014
Oxford Review of Economic Policy;Summer2014, Vol. 30 Issue 2, p237
Academic Journal
This paper shows that the quest for sovereignty in Quebec is explained by its role as the abode for a French-speaking minority in North America. It notes that there was no commonly agreed legal framework for the 1980 or 1995 referendums and that the attempt to impose one in 2000 has been rejected by Quebec. Using results from existing papers and original research, the paper shows that the quest for sovereignty can have an impact on the cost of financing the public debt of the entity doing this. It also shows that labour flows can be affected by the existence of a sovereignty movement. This GDP would be higher if the secessionist threat had not had an impact on the size of the labour force since the early 1970s.


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