Monthly archives for January 2014

[News] First seminar in the ESRC Politics of Wellbeing series to take place today

The first seminar in the new ESRC Seminar Series on The Politics of Wellbeing takes place at the Interdisciplinary Centre of the Social Sciences (ICOSS), University of Sheffield, today. The series, led by Ian Bache (Professor of Politics at the University of Sheffield, Karen Scott (Lord Richard Percy Fellow, Newcastle University) and Charles Seaford (Head of the Centre for Wellbeing, new … Continue reading

31 January 2014 by
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[Comment] ‘Civic capitalism’: Towards an alternative currency of global economic success

Colin Hay and Tony Payne

We need to begin to design a new Social, Environmental and Developmental Index to replace GDP As we have been at pains to shows in this linked series of posts, the model of growth enjoyed by the British economy for the two decades before the crisis and the broader model of capitalism out of which it arose were always inherently … Continue reading

30 January 2014 by
Categories: Civic Capitalism, SPERI Comment | 1 comment

[Comment] The Treasury’s depoliticisation agenda

Richard Berry

The appointment of a Whitehall ‘Chief Financial Officer’ is a symbolic gesture designed to further undermine democratic decision-making Apparently, nobody is in charge of the financial affairs of the UK government. This is an institution responsible for a national debt of over a trillion pounds, that owns the world’s fourth biggest direct employer (the NHS), has spent hundreds of billions … Continue reading

28 January 2014 by
Categories: Economics, Politics and policy, SPERI Comment | 1 comment

[News] One week left to submit a proposal for SPERI Conference

There’s just one week left to submit a paper or panel proposal for SPERI annual conference. The Global Contours of Growth & Development beyond the Crisis will take place on 30 June – 2 July 2014 at the newly renovated Halifax Hall, University of Sheffield. It will seek to take discussion of the political economy of the crisis beyond its … Continue reading

24 January 2014 by
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[Comment] Who owns the US federal debt?

Massive increases in inequality are transforming the politics of public debt During the current financial crisis, government debt levels across the advanced capitalist world have soared. In the United States, the portion of the federal debt ‘held by the public’ has more than doubled from 36 per cent of GDP in 2007 to 73 per cent in 2012. This explosive … Continue reading

23 January 2014 by
Categories: Debt, SPERI Comment, USA | Tags: , , | Leave a comment

[Comment] Small island economies, offshore finance and development

Playing host to Offshore Financial Centres may ultimately prove to be damaging to the economic prospects of small island economies The challenge of coming up with a development strategy which is both sustainable and capable of meeting the long-term aspirations of a state is a notoriously difficult task. For small island economies, their modest size, remoteness, limited domestic markets and … Continue reading

21 January 2014 by
Categories: SPERI Comment | Tags: , , , , | Leave a comment

[News] Two weeks left to submit a proposal for SPERI annual conference

There’s just over two weeks left to submit a paper or panel proposal for SPERI annual conference ‘The Global Contours of Growth & Development beyond the Crisis’. The conference will take place on 30 June – 2 July 2014 at the newly renovated Halifax Hall, University of Sheffield. It will seek to take discussion of the political economy of the … Continue reading

17 January 2014 by
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[Comment] ‘Civic Capitalism’: sustainable development through investment

Colin Hay and Tony Payne

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 A most urgent task for any incoming British government is to fix what is typically called the growth model.  Since the early 1990s Britain experimented with a new kind of growth model – which … Continue reading

16 January 2014 by
Categories: British growth crisis, Civic Capitalism, SPERI Comment | Tags: , , , , , , , , , | Leave a comment

[Comment] America’s War on Poverty, America’s War on the Poor

David Coates

Fifty years after Lyndon Johnson’s vision, American politicians desperately need to reinvigorate the stalled campaign against poverty January 2014 marks the fiftieth anniversary of the State of the Union Address in which Lyndon Johnson launched the War on Poverty. This anniversary is leading to much soul-searching here in the United States. Partly that soul-searching reflects the high levels of poverty … Continue reading

14 January 2014 by
Categories: SPERI Comment, USA, Welfare | Tags: , , | Leave a comment

[Comment] Business as usual as City pay soars while manufacturing stagnates

Craig Berry

George Osborne promised a ‘march of the makers’ but as yet there is little sign that a resurgence of manufacturing is helping the economy to rebalance As late as 1980, manufacturing represented around 30 per cent of the UK’s gross value added (GVA) and employed around a quarter of the workforce. But it now represents around 12 per cent of … Continue reading

9 January 2014 by
Categories: British growth crisis, Craig Berry, Economics, Finance, SPERI Comment | Tags: , , , , , , | 1 comment

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