Category archives for Great Uncertainty

The Great Uncertainty: Thinking through questions of time

Colin Hay and Tony Payne

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 In the final post in this series about what we have called ‘The Great Uncertainty’ we seek to introduce to the discussion some questions about … Continue reading

18 July 2013 by
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The Great Uncertainty: thinking through environmental threat

Colin Hay and Tony Payne

That we find ourselves in the environmental ‘red zone’ has profound implications for how we think about growth In the penultimate blog of this series we consider the third dimension of this era of ‘Great Uncertainty’, the profound environmental challenge we face.The story of our environmental crisis is the story of a series of symbolic breaches.  On 10th May this … Continue reading

11 July 2013 by
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The Great Uncertainty: thinking through shifting economic power

Colin Hay and Tony Payne

The analytical problem is that economic power does not translate easily or automatically into political power In the third of these linked blog posts, we return to the general theme of ‘The Great Uncertainty’ to explore the consequences of the shift in the balance of economic power that many discern, broadly from ‘West’ to ‘East’. The issues, we suggest, are … Continue reading

25 June 2013 by
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The Great Uncertainty: thinking through financial crisis

Colin Hay and Tony Payne

Economic dynamics must always be understood as profoundly political, open to alternatives and inherently uncertain In this, the second in a series of linked posts on what we have termed the Great Uncertainty, we turn our attention to the nature of the current financial crisis.  We explore the implications, in particular, for how we think (or should think) about the … Continue reading

28 March 2013 by
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The Great Uncertainty

Colin Hay and Tony Payne

It is the challenging combination of a number of major processes of structural change that makes the current era so distinctive and so uncertain Labels matter in orienting our thinking about, characterising and constructing different eras in the global political economy. They are also invaluable shorthand and these days we all increasingly write, and possibly think, in shorthand. It’s also … Continue reading

30 January 2013 by
Categories: British growth crisis, Global crisis, Great Uncertainty, Political theory, SPERI Comment | Leave a comment