Cet article, faisant une analyse comparative de la croissance de la productivité et de l’amélioration des conditions de vie en Australie et au Canada conclut que l’économie australienne a dépassé l’économie Canadienne depuis le milieu des années 1990.
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From roughly the early 1950s to 2008, Canadians enjoyed a higher standard of living (as measured by per-person GDP, after adjusting for inflation) than Australians—but that advantage has been reversed since 2009, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
Between 1973 and 1995, Canadians (on average) enjoyed $2,668 in higher per-person GDP compared to Australians—the gap peaked in 1988 at $3,640.
Since 2009, however, Australians have enjoyed higher living standards (again, as measured by per-person GDP). Specifically, Australia’s per-person GDP was (on average) $1,718 higher than Canada’s between 2009 and 2019 (note the analysis uses inflation-adjusted standardized U.S. dollars).
Both countries undertook significant economic reforms including removing barriers to more open trade and improving competitiveness. However, Australia has been more successful in increasing productivity, which has led to a higher level of per-person GDP than Canada.
According to the study, higher levels of investment are key to Australia’s success. Between 1995 and 2020, Australia’s total investment was 26 per cent of GDP compared to 22 per cent in Canada.