Tag Archives for assets

Reconstituting the post-crisis real estate-finance link in Ireland, Spain & the US

The mortgage-led crisis has led to the financialization of rental housing – and new social struggles The global financial crisis had dramatic consequences for urban space and life in the US and the worst-affected European economies, Ireland and Spain: a tide of evictions and dispossession of homeowners, swathes of vacant property and stalled development, and rising homelessness. The scope and … Continue reading

1 March 2016 by
Categories: Austerity, Housing, SPERI Comment, USA, Welfare | Tags: , , , , , , , , , , , | Leave a comment

How sustainable are the Anglo-American recoveries?

Jeremy Green

While both countries have experienced comparatively strong growth, divergence on the current account ensures that the UK’s situation looks much more perilous Staggering global payments imbalances are a defining feature of contemporary capitalism. From the 1980s, with the emergence of the ‘neoliberal’ phase of capitalism, two major categories of growth model have emerged: debt-led growth models, marked by current-account deficits, … Continue reading

2 February 2016 by
Categories: British growth crisis, Economics, Global crisis, Politics and policy, SPERI Comment, Sustainability, USA | Tags: , , , , , , , , , , , , | Leave a comment