growth losers, such as Nigeria, Zambia, Sierra Leone, Angola, Saudi Arabia and Venezuela, are all resource-rich, while the Asian tigers: Korea, Taiwan, Hong Kong and Singapore, are all resource-poor.However Australia, Canada and Norway are opposite experiences. Recent studies look at institutional strength to break the resource curse. Studies of growth impacts of resource wealth – institutions - especially low levels of corruption, law and democracy.
From 2005 to 2008, for example, Alberta’s per capita spending on social services was 33 percent lower than the national average.
The top and bottom bars are illustrations that Albertans are not the stereotypical “hard right-wingers” that some might believe.
Diana Gibson April 13 Corner Brook
An Alberta Case Study Diana Gibson, Parkland Institute
Less reliance on taxes Regulatory capture undermining democracy Dutch disease Inequality and a system skewed in the interest of corporations and the corporate elite.
From 1989 to 2008, Alberta’s spending as a portion of GDP shrank 40 percent—and is easily lowest among provinces. Alberta’s economy has grown 76 percent more than population and inflation in the past 20 years. Corporate profits more than doubled their share of Alberta’s economy from 1989 to 2008, rising from 9.6 percent to 22.6 percent.
Share of Earnings top and bottom half of households 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Bottom 50% Top 50%
$700,000$600,000$500,000$400,000 Threshold$300,000 Average$200,000$100,000 $0 NL PEI NS NB QC ON MB SK AB BC Canada
Median Alberta Income Median CEO IncomeTop 5 Median CEO Income $11,084,12 3.00 $2,473,439. 00 $68,100.00 Median Alberta Incomes
Year %2008 40.62004 44.72001 52.81997 52.81993 60.2 In the last election Alberta had the lowest turnout for a Canadian provincial election in the last 50 years.
2Albertans Believe that Government Should be Doing More Believe gov’t should be doing more or at least the same to protect free, high quality healthcare. Believe gov’t should be doing more or at least the same to reduce GHGs.
21 By a 2:1 margin, Albertans believe in funding social programs over eliminating the deficitQ Which statement is closest to your view? The provincial government should increase finding for social programs such as health and education even if it means running a deficit -or- The provincial government should eliminate the deficit, even if it means reducing funding for social programs such as health and education
22Q Do you agree or disagree with the following statements? Note: ‘Don’t know/Refused’ not shown