Monthly archives for August 2013

[Comment] Household debt: the silent dimension of the financial crisis

It is households that are suffering as a result of the broken Anglo-liberal growth model “I’m broke!” We have all heard this popular expression describing the state of a person’s finances. In the strictest sense ‘broke’ means being without money or penniless, but in current parlance describes being without money to spend – rather than without income or bankrupt. This … Continue reading

28 August 2013 by
Categories: British growth crisis, SPERI Comment | Tags: | 1 comment

[News] Aditya Chakrabortty joins SPERI International Advisory Board

We are delighted to announce that Aditya Chakrabortty has agreed to join the SPERI International Advisory Board. Aditya Chakrabortty is the economics lead writer and columnist at the Guardian. Previously, Aditya spent five years as economics producer for the BBC, working with then-economics editor Evan Davis, and his series of reports from China won a Harold Wincott award in 2006. He … Continue reading

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[Comment] Global value chains: Why the Fuss?

Nicola Phillips

We need to decide how best to govern global value chains, as they become ever more important to the global economy The idea of global value chains (GVCs) seems, finally, to have caught on in global policy debates. It was the featured concept of the 2013 World Investment Report, released by the United Nations Conference on Trade and Development (UNCTAD) … Continue reading

21 August 2013 by
Categories: Global crisis, SPERI Comment | Leave a comment

[Comment] On Superheroes, Men and The Politics of Money

Adrienne Roberts

Gendered narratives around Mark Carney’s appointment obstruct much needed debate about the Bank’s role As a Canadian living in the UK, I cannot help but roll my eyes over the gushing media headlines about Mark Carney’s recent arrival to head the Bank of England. The former governor of the Bank of Canada has been variously described as the ‘rock-star banker’, … Continue reading

14 August 2013 by
Categories: Finance, SPERI Comment | Tags: | Leave a comment

[News] Jeremy & Scott work on papers proposing European reform at FEPS meeting

In July 2013, Scott Lavery and Jeremy Green spent three days at the Renner Institute in Vienna, Austria, for a Foundation of European Progressive Studies (FEPS) Young Academics Network meeting. Over what were an intensive couple of days, they were producing policy papers with progressive proposals for European reform, with other young European academics. Jeremy was working on a paper gearing … Continue reading

13 August 2013 by
Categories: PhD Students, Research Fellows | Tags: , , , | Leave a comment

[News] Scott on BBC Radio Sheffield & Jeremy in the New Statesman

It may be the summer holidays but things at SPERI are still all go. On Tuesday 6 August Scott Lavery. SPERI PhD student, spoke live on BBC Radio Sheffield about the differences between the British and German economies, and what we can learn from the German industrial strategy. Following the recent announcement by Mark Carney on ‘forward guidance’ – Jeremy Green, SPERI Research … Continue reading

8 August 2013 by
Categories: Media | Tags: , , , , , , , | Leave a comment

[Comment] Mark Carney’s ‘forward guidance’: from rebalancing to fingers crossed

Craig Berry

Pension funds will find little comfort in forward guidance The good news is that the Bank of England, under new governor Mark Carney, has demonstrated it cares about unemployment. Its ‘forward guidance’, published on Wednesday, means monetary policy, which is being used as an economic stimulus, will remain stable until unemployment falls. The bad news, however, is that we are … Continue reading

Categories: Finance, Politics and policy, SPERI Comment, Welfare | 1 comment

[Comment] Whatever happened to progressive taxation?

Matthew Bishop

The social contract between different groups of citizens could completely unravel if we don’t see a return to progressive taxation I recently asked a UK government minister whether he was embarrassed that students were being charged £9000 a year to go to university, when a poorer country like Trinidad & Tobago (where I am based) funds tertiary education up to … Continue reading

7 August 2013 by
Categories: SPERI Comment, Tax | 1 comment

[News] SPERI Paper No.4

We are pleased to announce the arrival of SPERI Paper No.4. The paper entitled ‘How to Make a Bad Problem Worse: The US Federal Reserve’s Rescue of Bear Stearns’ is by Matthew Watson, Professor of Political Economy, University of Warwick. Abstract When Bear Stearns, one of Wall Street’s fabled pre-crisis ‘big five’ investment banks, faced imminent collapse in March 2008, … Continue reading

1 August 2013 by
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[Comment] Solving malnutrition through business and science?

We need to broaden our understanding of hunger and challenge the prevailing market-centred approach This June’s G8 meeting was not framed in a ‘big issue’ fashion like the previous UK G8 meeting in Gleneagles in 2005 or the G20 meeting in London 2009. Development campaigners wanted the summit to be about hunger and nutrition, but this focus jostled with others, … Continue reading

Categories: Development, SPERI Comment | Leave a comment