Tony Payne
Professorial Fellow, SPERI, University of Sheffield
The politics of embedding a new economic consensus
Tony Payne - 15 April 2024Rachel Reeve's Mais Lecture charts a new economic course for Labour - but what will it take to embed a new economic consensus?
Steering towards the future
Matt Bishop & Tony Payne - 17 December 2019For 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'.
Reglobalisation in action: rehearsing the concept
Matt Bishop & Tony Payne - 15 October 2019Globalisation 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'.
The political economies of different globalisations – Part 4: ‘Reglobalisation’
Matt Bishop & Tony Payne - 28 March 2019A 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 political economies of different globalisations – Part 3: ‘Deglobalisation from the left’
Matt Bishop & Tony Payne - 21 March 2019The 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.
The political economies of different globalisations – Part 2: ‘Deglobalisation from the right’
Matt Bishop & Tony Payne - 14 March 2019With 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.
The political economies of different globalisations – Part 1: Neoliberal globalisation
Matt Bishop & Tony Payne - 07 March 2019Globalisation should not be seen as some kind of inevitable technological imperative but rather as a political construction born of a particular phase in history
Is Britain ‘undeveloping’ before our eyes? Part II
Matt Bishop & Tony Payne - 30 January 2019The country needs an accurate analysis of its plight, a strategy for addressing it and a developmental state to drive forward economic and political change.
Is Britain ‘undeveloping’ before our eyes? Part I
Matt Bishop & Tony Payne - 29 January 2019The pathologies characterising Britain’s emergence as the first ‘early developer’ may have accumulated to the point where they undermine its prospect of continuing development
The G20 in Argentina
Tony Payne - 23 November 2018Argentina’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.
Understanding the IMF better
Tony Payne - 23 April 2018The 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
Revisiting the developmental state 9: Conclusion
Matt Bishop & Tony Payne - 21 November 2017The 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
Don’t depoliticise inclusive growth!
Tony Payne - 16 November 2017The 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
Revisiting the developmental state 1: Introduction
Matt Bishop & Tony Payne - 26 September 2017It’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
The strange still-birth of ‘Milimayism’
Tony Payne - 11 September 2017Britain just can’t generate the politics with which to build the new reformist consensus its political economy so badly needs
Remaking the case for a ‘developmental state’ in Britain
Tony Payne - 23 March 2017Britain 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
‘De-globalisation’, or ‘re-globalisation’?
Tony Payne - 23 January 2017The former is the new project of the populist right; the latter needs to be the new vision of the centre-left
‘Who dun Brexit’: ‘globalisation’ or global neoliberalism?
Tony Payne - 27 July 2016Life for voiceless, low paid parcel delivery workers exposes the harsh realities of degraded work in 21st century Britain
The Coming Crisis: why global governance doesn’t really work
Tony Payne - 15 June 2016Serious problems undermine the current regime and create a significant ‘global governance deficit’
Plotting against the NHS
Tony Payne - 23 March 2016A 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
Facing up to the impending UK referendum on the European Union
Tony Payne - 05 January 2016The 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
What next for Labour’s ABC tendency
Tony Payne - 29 September 2015The party desperately needs to go back and come fully to terms with what went right and what went wrong during the Blair/Brown era
It’s the political economy, stupid!
Colin Hay & Tony Payne - 18 July 2015Labour desperately needs a new and compelling narrative about how it would build a different economy from the Conservatives – and time is already running out
Turkish delight
Tony Payne - 17 February 2015The Presidency of the G20 has now passed to Turkey, but the global political economy looks like remaining dangerously under-governed
The changing political economy of oil
Tony Payne - 16 December 2014The recent big fall in price creates some space for new thinking, but also poses questions to which we don’t have answers
Is neoliberalism at last unravelling in Britain?
Tony Payne - 05 November 2014The crisis of the British political economy has now become an urgent crisis also for British politics
Piketty at last!
Tony Payne - 18 September 2014This is a remarkable book, but not necessarily all that it has been proclaimed to be
The end of the G8
Tony Payne - 03 June 2014Russia’s expulsion from the G8 brings to a conclusion a transitional phase in the governance of the global political economy
‘Civic Capitalism’: locating the new model within the global context
Tony Payne & Colin Hay - 13 March 2014We need to build up more intensive and sophisticated mechanisms of global governance capable of serving as the guiding intelligence of the whole global economy.
‘Civic Capitalism’: a shared commitment to reduce inequality
Tony Payne & Colin Hay - 27 February 2014We need to recognise that stable and sustainable capitalist development can only be built upon a broader, more equal, social base
‘Civic Capitalism’: bringing in the social dimension
Colin Hay & Tony Payne - 13 February 2014We need to develop new social policies that foster the quality of the societies within which citizens live their daily lives under capitalism
‘Civic Capitalism’: sustainable development through investment
Colin Hay & Tony Payne - 16 January 2014We 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
‘Civic capitalism’: Towards an alternative currency of global economic success
Colin Hay & Tony Payne - 30 January 2014We need to begin to design a new Social, Environmental and Developmental Index to replace GDP
‘Civic capitalism’: the need for sustainability
Tony Payne & Colin Hay - 03 January 2014Since the crisis states have raised the stakes for environmentalists, cracking down on dissent and stifling criticism of the ecological costs of economic growth
‘Civic Capitalism’: regulation as the only antidote to unstable growth
Tony Payne & Colin Hay - 19 December 2013We set out five principles on which to base sound economic governance and add a more practical rule of thumb
‘Civic Capitalism’: restoring democratic economic governance
Colin Hay & Tony Payne - 22 November 2013We 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
‘Civic Capitalism’: introducing a new model of capitalism
Colin Hay & Tony Payne - 08 November 2013We must start thinking about how to construct something better out of the widely analysed failings of Anglo-liberal capitalism
Global Races
Tony Payne - 01 November 2013It’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
Does Britain need to be pursuing a development strategy?
Tony Payne - 12 September 2013Very few academics, journalists and politicians ever treat Britain’s economic problems as matters of failed or flawed development. Perhaps they should?
The Great Uncertainty: Thinking through questions of time
Colin Hay & Tony Payne - 18 July 2013The 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
The Great Uncertainty: thinking through environmental threat
Colin Hay & Tony Payne - 11 July 2013That we find ourselves in the environmental ‘red zone’ has profound implications for how we think about growth
Unpacking the 2013 Human Development Index
Tony Payne - 16 May 2013The UNDP claims ‘the Rise of the South’ is having a significant impact on economic growth and societal change