Canadian Public Budgeting in the Age of Crises

Canadian Public Budgeting in the Age of Crises: Shifting Budgetary Domains and Temporal Budgeting

G. BRUCE DOERN
ALLAN M. MASLOVE
MICHAEL J. PRINCE
Copyright Date: 2013
Pages: 288
https://www.jstor.org/stable/j.ctt24hn39
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  • Book Info
    Canadian Public Budgeting in the Age of Crises
    Book Description:

    In the aftermath of the 2008 financial crunch, a pending era of budgetary austerity looms over Canada. Canadian Public Budgeting in the Age of Crises provides a roadmap through the difficult fiscal decisions that have characterized contemporary federal politics across four decades. The authors provide an accessible and comprehensive overview of the constraints that have affected budgetary outcomes in the recent past and that will affect the near future, with analysis spanning micro, macro, social, environmental, and intergenerational domains. They examine the current Harper government's Conservative era, but also look at public budgeting under Chrétien, Mulroney, and Trudeau. Set in the crucial context of macroeconomic policy shifts and in a global comparative context, Canadian Public Budgeting in the Age of Crises broadens and deepens our understanding of government spending, borrowing, and taxing. Budgetary domains - complex realms of fiscal content, choice, and governance - are introduced and balanced against an analysis of these domains with pertinent and up-to-date discussions on institutional influences, dominant actors, and shifting power imbalances.

    eISBN: 978-0-7735-8852-3
    Subjects: Political Science

Table of Contents

  1. Front Matter
    (pp. i-iv)
  2. Table of Contents
    (pp. v-vi)
  3. Figures and Tables
    (pp. vii-viii)
  4. Abbreviations
    (pp. ix-xii)
  5. Preface
    (pp. xiii-2)
    G. Bruce Doern, Allan M. Maslove and Michael J. Prince
  6. Introduction
    (pp. 3-16)

    The principal academic focus and contribution that makes this book different from existing Canadian literature on public budgeting is three-fold in nature. First, scholars and students of public budgeting need a more complete and deeper understanding of budgetary domains and their five elements as defined below, and as provided in the first part of our dual analytical framework. They also need a clearer way of thinking about, defining, and analysing budgetary crises in an age of crises, hence the second component of our framework which sets out several such definitions and analytical features of crises and crisis discourse. Third and...

  7. PART ONE ANALYTICAL FRAMEWORK, HISTORICAL CONTEXT, THE GLOBAL CRISIS, AND CANADIAN MACROECONOMIC POLICY

    • 1 Budgetary Domains and Crises: Academic Foundations and Our Analytical Framework
      (pp. 19-42)

      The purpose of this chapter is to survey the academic conceptual foundations for the book and in particular to set out in more detail our budgetary domains and crises analytical framework. We show how this framework builds from three streams of academic and related literature and also how it advances academic and applied understanding of the study of the political economy and public management of budgeting in Canada. The conceptual literature emerges from diverse social science disciplines and fields, including economics, political science, sociology, public policy and governance, and public administration. The empirical budgetary domain and crises analysis in Part...

    • 2 The Global Fiscal, Banking, and Sovereign Debt Crises: International and Canadian Responses
      (pp. 43-61)

      The global fiscal, banking, and sovereign debt crises that began in the 2008–12 period and are still reverberating, were unprecedented in scope and impact. In terms of our conceptual discussion of a crisis in Chapter 1, these combined crises were of the sudden unexpected disorder or shock example of a crisis. But, as we show, other notions of slower developing crises are also present, depending in part on when one starts the story and in what particular country or group of countries. The epicentre was in the banking, mortgage, and fiscal systems in the US, along with early bank...

    • 3 Macroeconomic Policy: The Fall and Rise of Keynes and the Emergence of Structural Fundamentalism
      (pp. 62-84)

      The story of macroeconomic budgetary policy — or fiscal policy — over the last several decades can be told from a number of perspectives. Chapter 1’s sketch of core macroeconomic ideas across the last six decades offered a broad perspective on political economy. A complementary theme is the debate among academic economists, with the Keynesians and neo-Keynesians facing off against the monetarist, neo-classical, and rational expectation economists. As these alternative names suggest, the debate is not between two homogeneous camps; there are subtle nuances and not so subtle differences between the proponents on each side. By and large, the academic...

    • 4 Canadian Budgetary Institutions: Power, Politics, and Contending Ideas
      (pp. 85-116)

      In this chapter our focus shifts to Canadian budgetary institutions and hence to an examination of the nature of power, politics, and ideas about budgetary claims, processes, and outcomes. The purpose is to relate budgeting to Canadian political and social institutions of governance, both in relation to key developments and as context for our empirical analysis in Part Two of three budgetary domains and of temporal and intergenerational budgeting and crises.

      We explore the following questions: From where do the politics of budgeting come? What does power mean with regard to public budgeting? What are the main structural forms of...

  8. PART TWO CHANGING BUDGETARY DOMAINS AND CRISES AND VARIETIES OF TEMPORAL BUDGETING

    • 5 The Social Budgetary Domain: Diverse Inequality, Poverty, and Retirement Pension Crises
      (pp. 119-149)

      The purpose of this chapter is to examine the federal social budgetary domain, the first of our three budgetary domains. In addition, we consider how the current economic recession and deficit era played out in the social budgetary domain, and examine different types of crises within it. The first section maps and reviews each of the domain’s five elements as set out in Chapter 1 and draws out some of their main implications. The second section deals with the nature of three interrelated challenges often argued to exist in this domain, centred on the presence of diverse inequalities, continuing poverty,...

    • 6 The Microeconomic and Industrial Budgetary Domain: The Innovation, Productivity, and Industrial Crises
      (pp. 150-175)

      The microeconomic and industrial budgetary domain differs markedly from the social budgetary domain examined in Chapter 5. Analysed in relation to the five domain elements, it tells in many ways a different historical and contemporary story. Unlike the social domain, with its focus on a few huge, entrenched redistributive and distributive social spending and tax programs, the microeconomic and industrial domain is much smaller in terms of total spending, with a complex and substantial assortment of small programs and tax breaks. On an annual basis it is a budgetary world where greater discretion and room for manoeuvre exists for politicians...

    • 7 The Green Budgetary Domain: Energy, Climate Change, and Green Industry Crises
      (pp. 176-204)

      The green budgetary domain is our third and final budgetary domain whose five domain elements are examined in detail in this chapter, and we also consider the types and nature of crises within the green domain, building on the relevant definitional areas and issues specified in our analytical framework. Substantively, these deal with crises and crisis discourse in the linked energy, environment, and green industries areas that are centred in the green domain.

      The green budgetary domain deals with spending and taxation impacting on the environment and its ecosystems with ever more intricate links to environmental policy writ large, energy...

    • 8 Temporal Budgeting: Varieties and Intergenerational and Demographic Crises
      (pp. 205-228)

      In public budgeting, as in all other areas of life, time matters. “Money talks” and “time is money” are old maxims about wealth and power. Another is that politicians rarely look farther ahead on issues than their own next election (Lewis 2003). In this chapter, we explore some of the beliefs expressed in these statements, in part because current literature on the overall political economy and management of public budgeting does not probe these diverse temporal varieties and features of budgeting deeply or comprehensively enough. Indeed, in one sense, we invert the adages, and suggest that money is time and...

    • 9 Budgetary Domains, Crises, Temporal Varieties, and Democratic Reforms
      (pp. 229-242)

      The core academic focus and contribution ofCanadian Public Budgeting in the Age of Criseshas been three-fold in nature. First, scholars and students of public budgeting need a more complete and deeper understanding of budgetary domains and their five elements that the first part of our dual analytical framework provides. Second, they require a clearer way of thinking about and defining and analyzing budgetary crises in an age of crises, hence our framework’s second component which sets out relevant definitions and analytical features. Third, we have sought to provide greater academic and applied focus on temporal budgeting ranging from...

  9. Glossary
    (pp. 243-250)
  10. References
    (pp. 251-276)
  11. Index
    (pp. 277-282)