Professorial Fellow, SPERI, University of Sheffield
Rachel Reeve's Mais Lecture charts a new economic course for Labour - but what will it take to embed a new economic consensus?
For all its disappointments and flaws, the G20 still has the best chance of delivering the comprehensive global oversight of global governance that we need. This is part 8 in the series 'Reglobalisation in action'.
Globalisation should not – indeed, must not – be abandoned, but it needs to be rebuilt around a new normative framework of ‘re-embedded post-neoliberalism’. This is the first part in the series 'Reglobalisation in action'.
A new mode of globalisation, grounded in the notion of ‘re-embedded post-neoliberalism’, can be charted and built by states if, collectively, they want to do so.
The left-wing critique of neoliberal globalisation is powerful up to a point, but ultimately it doesn’t stand on the ground where the real battle has to take place.
With just a couple of weeks to go until the UK’s planned exit from the European Union, the country still faces significant uncertainties about the shape Brexit will take and the impact it will have on businesses and livelihoods.
Globalisation should not be seen as some kind of inevitable technological imperative but rather as a political construction born of a particular phase in history
The country needs an accurate analysis of its plight, a strategy for addressing it and a developmental state to drive forward economic and political change.
The pathologies characterising Britain’s emergence as the first ‘early developer’ may have accumulated to the point where they undermine its prospect of continuing development
Argentina’s laudable attempts to raise issues vital to Latin America and the wider developing world are likely to fall on deaf ears. But, if the G20 is going to stop drifting from summit to summit and get to grips with genuinely global challenges, it needs to establish a modest but permanent secretariat and appoint an influential secretary-general, writes Tony Payne in this special post published jointly with the LSE Latin America and Caribbean blog.
The Fund does make normatively driven interventions in ideologically charged economic policy debates, but not always from the perspective imagined and often with only limited impact
The East Asian developmental state was a phenomenon of its time that hasn’t been precisely replicated, but state developmentalism as a strategy for national insertion into the global order remains necessary
The endeavour to set out and implement a new vision for more inclusive growth will fail if it is not treated fundamentally as a matter of political economy, rather than an aspect of social policy
It’s time to open up a new debate about the potential gains offered by this longstanding and core concept in the study of the political economy of development
Britain just can’t generate the politics with which to build the new reformist consensus its political economy so badly needs
Britain urgently needs a new national development strategy after the Brexit vote and must find the will to embrace a radically different model of the state
The former is the new project of the populist right; the latter needs to be the new vision of the centre-left
Life for voiceless, low paid parcel delivery workers exposes the harsh realities of degraded work in 21st century Britain
Serious problems undermine the current regime and create a significant ‘global governance deficit’
A closely interconnected health policy community in Britain has grabbed control of the agenda and seeks to make further marketisation of healthcare the only possible option
The best way to counter the threat constituted by the referendum is to show that the EU can be remade to work better in the democratic service of its citizens
The party desperately needs to go back and come fully to terms with what went right and what went wrong during the Blair/Brown era
Labour desperately needs a new and compelling narrative about how it would build a different economy from the Conservatives – and time is already running out
The Presidency of the G20 has now passed to Turkey, but the global political economy looks like remaining dangerously under-governed
The recent big fall in price creates some space for new thinking, but also poses questions to which we don’t have answers
The crisis of the British political economy has now become an urgent crisis also for British politics
This is a remarkable book, but not necessarily all that it has been proclaimed to be
Russia’s expulsion from the G8 brings to a conclusion a transitional phase in the governance of the global political economy
We need to build up more intensive and sophisticated mechanisms of global governance capable of serving as the guiding intelligence of the whole global economy.
We need to recognise that stable and sustainable capitalist development can only be built upon a broader, more equal, social base
We need to develop new social policies that foster the quality of the societies within which citizens live their daily lives under capitalism
We need to move from private debt to public investment as the means to stimulate demand and to link deficit reduction to the promotion of growth
We need to begin to design a new Social, Environmental and Developmental Index to replace GDP
Since the crisis states have raised the stakes for environmentalists, cracking down on dissent and stifling criticism of the ecological costs of economic growth
We set out five principles on which to base sound economic governance and add a more practical rule of thumb
We need to move on from the ideology that led us astray to a more consciously held, open-ended and dynamic ideology that asks not what we can do for the market but what the market can do for us
We must start thinking about how to construct something better out of the widely analysed failings of Anglo-liberal capitalism
It’s right to focus attention on Britain’s position in the global political economy, but we need a more sophisticated way of thinking about this issue than the notion of a race
Very few academics, journalists and politicians ever treat Britain’s economic problems as matters of failed or flawed development. Perhaps they should?
The global financial crisis, the shift in the global balance of economic power and the environmental threat have unfolded over very different time horizons, but they still come to a head at the same moment
That we find ourselves in the environmental ‘red zone’ has profound implications for how we think about growth
The UNDP claims ‘the Rise of the South’ is having a significant impact on economic growth and societal change