Blog
2018
2018
The chaotic endgame of Brexit shows the promise of reasserted sovereignty coming up against the reality of diffuse sovereignty in the UK.
Industrial strategy must pay attention to left-behind places as well as mature sectors and vulnerable categories of workers.
Reforming subsidies should be a core element of the G20 sustainability agenda.
The fate of Italy will determine what kind of monetary union, and with which member-states, can survive.
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.
Inclusive prosperity requires an education system to provide people with the skills and experiences to avoid ‘technological unemployment’.
20 years after the Scotland Act was passed, how has Scotland fared in its aspiration to reduce inequality?
Contrary to recent claims that Germany has ‘quietly rebalanced’ its economy since the Eurozone crisis began, when German policy is viewed from a more long-term perspective, there has been little in the way of meaningful rebalancing
Successful industrial strategy requires a long-term policy framework that encourages entrepreneurship and economic activity
This blog discusses Professor Jennifer Clapp’s recent visit to Sheffield where she presented work from her latest book project and current research on the financialisation of food
Brexit could provide an opportunity to create a more gender equitable global trading system, but immediate and potentially radical action will be needed
Corporate Governance in Contention, edited by Ciaran Driver and Grahame Thompson (Oxford University Press, 2018), offers an exemplary overview of some of the most important debates in scholarship on corporate governance in Europe and North America
In the tea industry, on almost every indicator we used to measure labour standards, certified plantations fared about the same, if not worse, as non-certified plantations
New research shows that governors who have previously served in Congress prior to taking office as state governor increase the transfers to their state
The finance industry is not the golden goose claimed by its vast public relations team: it looks much more like a cuckoo in the nest
Recent calls for economic justice, and particularly intergenerational justice, suggest a new post-crisis moral political economy could be emerging
Far from radically rebalancing the structure of the UK economy, Theresa May’s industrial strategy seems destined to entrench the UK’s deindustrialisation
What do tea and cocoa have in common? Both products are widely consumed by households around the world; the early world market for both industries was intertwined with the history of colonialism; and in today’s global economy, both products are made with forced labour
How finance is raised and spent must be transformed to effectively meet the enormous challenges of the 21st century
Robbie Shilliam’s brilliant book highlights the historical importance of race in social and welfare policy in Britain and in so doing makes a crucial and timely intervention into contemporary progressive debate
What’s changed in the ten years since the global financial crisis in 2008?
In the 10 years since the 2008 crash, the ‘passive-aggressive’ tendencies of large index funds have reshaped how modern capitalism operates
Exploring how capital intersects with contemporary urban forms can help to bring Africa to its rightful position at the forefront of global debates on capitalist transformation.
Since the Harvey Weinstein scandal broke, the #MeToo and #TimesUp hashtags campaign have become internationally recognised as a symbol of resistance against sexual and gender-based violence and abuse. The campaigns inspired people to tell their stories of everyday abuse, assault and discrimination but how much difference can a social media campaign make?
Hollywood’s commodification of women’s bodies must be recognised as a contributory factor when questioning the (un)shocking prevalence of sexual violence and abuse. Therefore, to fully understand the political economy of the Weinstein scandal, it is necessary to foreground the body
Calculating the economic costs of sexual harassment obscures its underlying wrongs – as does the disparagement of people that ‘sleep their way to the top’. The Weinstein scandal calls both of these approaches into question
This blog series introduces some preliminary research from SPERI’s PREPPE programme, a project that asks: What can political economy tell us about the Weinstein scandal and the #MeToo movement? And what can the Weinstein scandal and #MeToo movement teach us about political economy?
New findings show that the Americanization of British firm ownership causes substantial increases in executive pay
Recent development in the Asia-Pacific region show how regionalism is a ‘dynamic’ political project rather than merely an institution and rule-based political order
The tussle over Brexit within the Conservative Party is actually a debate about the UK’s future place in the global capitalist order. Boris Johnson is merely taking remainer George Osborne’s vision to its logical conclusion, while in pinning her hopes on continental capitalism, Theresa May is arguably the real fantasist
Could a clever campaign make support for unions an integral part of corporate social responsibility?
Harold D. Clarke, Matthew Goodwin and Paul Whiteley’s new book provides a nuanced picture of why people voted as they did in 2016
The economic logic of hard Brexit has always been a chimera, and our political class is finally waking up to the impossibility of delivering it in any meaningful sense
Pension funds could play an important role in achieving a more balanced economy, but new investments should prioritise benefits for members above all else
Two symposia in New Political Economy bring together academic experts to examine the implications of the UK’s withdrawal from the EU in key economic policy areas
Identifying social frontiers is the first step to understanding what impacts they have on the people living nearby
The City of London is likely to remain as Europe’s pre-eminent financial centre after the UK leaves the EU, but new research shows how Frankfurt and Paris seek to ‘capitalise’ on the fall-out from Brexit
Forced labour is prevalent in the tea and cocoa industries and is happening in the context of widespread labour abuse
There are four reasons why Small Island Developing States and Small Vulnerable Economies fail to secure special and differential treatment (SDT) and Preferences as global norms
Our research reveals that the UK is at risk of letting climate change slip off the agenda at a time when attention and action has never been as important
Much has been written about the growth of debt since the Great Financial Crisis. But whilst leverage is a worry, much less has been written about the problem of asset quality
This month’s African Union Summit is poised to probe widespread corruption but a closer look at East Africa also reveals other pressing issues, not least rising political uncertainty, economic instability and violence
The agenda of Italy’s new anti-liberal, Eurosceptic and pro-Russian government could have significant ramifications far beyond Italy
Lee Wengraf provides an important reminder that Africa’s position within the world economy is heavily determined by its unequal insertion into the global capitalist system and ongoing manifestations of imperialism.
Social media, the power of reputational damage and effective communications are powerful tools for trade union organising
Political and economic education is pitiful, and via political parties, the education system and trade unions, it desperately needs to be revived
Learning to read and predict our changing environment through strategic use of data is crucial for the survival of trade unions
A new mini-series of blogs, published by SPERI and openDemocracy, will present new ideas for how unions can organise and engage with the workforce
Our new research show that the values of banks in emerging countries are highly responsive to their internationalisation strategies
Small Island Developing States and Small Vulnerable Economies are not present in the academic literature on international norms. A new two-part blog will consider why
Brexit may dominate in the UK but it is just one of several challenges to governance and integration facing the EU
David Coates’ critique of Anglo-American capitalism is devastating; his optimism about transforming it is welcome. The left must now develop a political strategy capable of overcoming structural barriers to reform
Italy has its own brand of democracy, which has very little to do with what is in textbooks.. That is why scholars and pundits have so much difficulty coming to grips with it
There’s a popular adage that we should never let a good crisis go to waste. Yet, arguably, that’s what we’ve been doing for decades now.
On 3 May, the Sheffield City Region Combined Authority will elect its first ‘metro mayor’. Although the mayor will preside over a devolution deal with no powers and funding (yet), this is a contest that is worth watching.
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
If you were given £5m to communicate *something* with all income taxpayers, what message would you want to circulate? What form would it take? How radical would you be?
Railway trade unions have begun three months of rolling strikes from April-June 2018 against reforms to their employment rights. The outcome of this dispute will be decisive for the government and its ability to make further reforms, and for the very future of the French trade union movement
Even on the left, post-crisis regional economic policy in Britain has been underpinned by pre-crisis intellectual paradigms. This post argues that a ‘grounded capitalism’ approach can transform the British growth model while alleviating regional inequalities
We can partly situate the grounding of Britain’s pre-crisis growth model in its geographical unevenness – but the left must also situate its response to regional inequalities in a new understanding of capitalism’s spatiality
The focus on low UK productivity overlooks the crucial influence of inequality
Despite many changes in today’s modern global economy developmental states are needed more than ever
Greater Manchester and Liverpool City Region metro-mayors have been in power just under a year, but has political diversity and participation changed?
Concerns about high inflation – a key narrative underpinning recent financial volatility – are highly suspect
The post-Carillion debates must consider the effectiveness of local authority procurement strategies
Italy’s new electoral law – used for the first time in this weekend’s election – could have a wide-ranging impact on the country’s politics
Growing popular concern about immigration could see the centre-right benefit in Sunday’s election
Global cities at the ‘core’ of the national economy generate deep and de-stabilising patterns of under-development in the ‘periphery'
This week, university staff have been on strike against devastating changes to their pensions, braving the freezing weather to stand on picket lines waving placards with brilliantly dweeby slogans.
Berlusconi’s reputation as one of Europe’s most remarkable politicians of recent decades remains fully deserved
Torn between centre-left respectability and anti-establishment protest, the Italian radical left struggles to devise a coherent and appealing political project
Populist ‘elites vs the people’ narratives are playing upon rising Euroscepticism and concerns about immigration
Despite the notion of hyper-globalisation, most trade happens with countries in close geographic proximity. Tendencies towards regionalisation and the UK’s strong dependence on EU imports seem to have been forgotten in the Brexit debate
Italy’s parties are engaging in complex official and unofficial coalition building. The outcome will determine who will form and lead Italy’s next government
Over the coming weeks a new blog series with the PSA Italian Politics Specialist Group will look ahead to the Italian election on March 4th and analyse the results
Our new research published today considers the perspectives of today’s young people on trade unionism – and how unions can respond
Analysis of Carillion’s accounts reveals the complex interplay between the firm’s present and future, and sheds new light on which other large outsourcing firms are ‘levered on the future’
A new approach is needed to respond to secular stagnation and imbalances in the Eurozone
To change the dynamics of gender inequality we need to change those of the contemporary global economy
Success or failure in responding to economic adjustment will shape not just the economics, but also the politics, of the post-Brexit era
New research shows how the official government leaflet successfully changed voting behaviour in the referendum
The UK Government’s new 25-year environmental plan shows the need to increase biodiversity and resilience of our waterways. This has implications far beyond the immediate health of the river system itself
Away from the White House chaos an ultra-conservative Republican Party is building an America for the rich and privileged
Carillion is the epitome of the modern financialized firm and its liquidation tells us much about risk in this phase of financialization
Frankfurt views its ‘stability’ as a key advantage in the battle for jobs and investment with other European financial centres after Brexit
The future of liberal democracy is threatened unless growing inequality and the culture of wealthy entitlement it creates are effectively tackled
‘Confronting Root Causes: Forced Labour in Global Supply Chains’, a new report that call for innovative approaches to tackle forced labour in global supply chains is published today. The first chapter of the report is republished here.
Our new research considers the perspectives of today’s young people on the economy, crisis and labour market change – and how they view the prospect of transforming their circumstances through politics
Transport and homelessness show how Andy Burnham and Steve Rotheram are using their formal and informal powers in Greater Manchester and Liverpool City Region