Tag Archives for crisis

That was the Crisis that was: the 2017 election and the strange demise of the 2007-08 crisis

Chris Kirkland

Despite dominating UK politics for the last decade the crisis has been a notable absence from the 2017 general election campaign 2017 marks the tenth anniversary of the onset of the economic crisis. For the past decade and the last two UK general elections in 2015 and 2010 the issue of the economy has been the central focus of political … Continue reading

7 June 2017 by
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Forever young, but never young?

Craig Berry

Alan France’s ambitious account of young people’s experience of economic crisis across eight developed countries shows what it means to be young has been transformed There is a strong consensus among the social science community that young people are among the groups most affected by the 2008 global financial crisis, in part because they will live with the aftermath for … Continue reading

15 February 2017 by
Categories: SPERI Comment | Tags: , , , , , | 1 comment

The unravelling of Hollande’s ‘anti-austerity’ programme and the crisis of French socialism

Sean McDaniel

With the failure of Hollande’s promise of ‘le changement’, ahead of this year’s elections the French Socialists find themselves severely weakened and maybe even at breaking point France heads to the polls in the spring to elect its new president. The uncertainty surrounding the election, wherein far right leader Marine Le Pen and the youthful centrist Emmanuel Macron are both … Continue reading

26 January 2017 by
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Immigration, refugees and the politics of crisis

By focusing on the ‘perception’ of immigration Streeck’s recent SPERI paper was a missed opportunity to present progressive solutions to the ‘refugee crisis’ Wolfgang Streeck’s new SPERI paper ‘Exploding Europe’ aims to contextualise the Brexit vote by highlighting the shortcomings of the EU’s response to the ‘refugee crisis’ and the ‘anti-immigration sentiment’ the policy has triggered.  Streeck places particular emphasis … Continue reading

17 October 2016 by
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Mainstream economics and the crisis of imagination: Part I

Jamie Morgan

In times of crisis the predictions of mainstream economics persistently fail; alternative approaches to economics are required The theme of crisis continually recurs in the SPERI political economy blog. This is a reminder of two things. First, ‘crises’ seem to be everywhere.  The language of the extraordinary has become ordinary.  Second, social reality is a process.  The present is a … Continue reading

6 September 2016 by
Categories: Economics, Inequality, SPERI Comment, The coming crisis | Tags: , , , , | Leave a comment

The Steel Crisis: Government, Multinationals and Regional Imbalance

Ewan Gibbs

Concerns about regional economies mean that even in an increasingly financialised and globalised steel sector the government is maintaining stewardship responsibilities Steel, the essential raw material widely understood as the precondition for industrial development, has been thrust into the centre of the debate about the UK’s economic future by the threatened closure of the last major basic mills. Into the … Continue reading

5 May 2016 by
Categories: Austerity, China, Development, Economics, Global crisis, Northern Powerhouse, SPERI Comment, Sustainability | Tags: , , , , , | Leave a comment

Workshop: ‘Diverging Capitalisms, Part 1: the City After the Crisis’

On Friday 29th April SPERI, Policy Network and FEPS organised a one-day workshop entitled ‘Diverging Capitalisms, Part 1: the City After the Crisis’. The workshop, organised by SPERI’s co-director Professor Colin Hay, Dr Arianna Giovannini (SPERI) and Renaud Thillaye (deputy director, Policy Network), was the first of a series of four events as part of the project ‘Diverging Capitalisms? Britain, … Continue reading

3 May 2016 by
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New SPERI Paper: Innovation, research and the UK’s productivity crisis by Richard Jones

We are very pleased to publish another SPERI Paper by Professor Richard Jones, Associate Fellow of SPERI and Pro-Vice-Chancellor for Research & Innovation at the University of Sheffield. In the Paper, Innovation, research and the UK’s productivity crisis, Richard shows that the UK’s slowdown in productivity is unprecedented and argues that, if this trend continues, UK living standards will continue to … Continue reading

14 April 2016 by
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The Coming Crisis: the gathering storm

Colin Hay

In the first of a new series of weekly SPERI blogs on ‘the coming crisis’ Colin Hay sets out the background to the series and outlines the themes it will explore That economists tend to optimism whilst political economists tend to pessimism is something of a truism, albeit one that often goes unacknowledged. The reason for this bifurcation in psycho-analytic … Continue reading

30 March 2016 by
Categories: Austerity, Economics, Europe and the EU, SPERI Comment, The coming crisis | Tags: , , , , , , | Leave a comment

Re-framing the funding crisis in adult residential care

New ‘follow the money’ research investigates where the money paid to financialised care home chains goes In recent months large care home chains have told a story through the media of an imminent crisis in adult residential care. They say the increase to the minimum wage (to be introduced on April 1st 2016) and underpayment by local authorities for care … Continue reading

22 March 2016 by
Categories: Politics and policy, SPERI Comment, Tax | Tags: , , , , , , , | Leave a comment

The real ‘new politics’ of post-crisis Britain: Part I

Craig Berry

The Conservatives understand – and exploit – the electorate’s concerns about ‘place’ As I argue in my forthcoming book Austerity Politics and UK Economic Policy, if austerity were simply an argument about the merits of deficit reduction, its critics on the left would have won hands down.  Indeed, the regularity with which George Osborne now delays the deficit reduction end-date … Continue reading

18 February 2016 by
Categories: Craig Berry, Devolution, Economics, Politics and policy, Social science, SPERI Comment | Tags: , , , , , , , , | Leave a comment

Organising metaphors and austerity: what the left can learn

Progressives need to think differently about political narrative to shape the political agenda to their advantage Arguably one of the most memorable moments of last year in the UK featured a tearful, Conservative-voting mother on BBC1’s weekly debating programme Question Time explaining how cuts in tax credits would affect her ability to provide the basic requirements of food and shelter … Continue reading

9 February 2016 by
Categories: Politics and policy, SPERI Comment | Tags: , , , , , , , , | Leave a comment

SPERI in Greece: ‘The Political Economy of Crisis in South Europe’

SPERI co-organised two events in Thessaloniki in Greece this week in conjunction with The South-East Europe Research Centre (SEERC), the research hub of City College, Thessaloniki, which is the International Faculty of the University of Sheffield. The first event, which took place on Wednesday 9 September, was an authors’ workshop bringing together the research team that for the past two … Continue reading

11 September 2015 by
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Greece’s crisis without end?

Nick Williams and Tim Vorley

The new Syriza government needs to focus as much on the regeneration of the competitiveness of the Greek economy as it does on immediate debt relief In one of the most closely watched European elections ever, the results are in from Greece.  Alexis Tsipras, leader of the left-wing anti-austerity Syriza party, has been sworn in as Prime Minister after forming … Continue reading

28 January 2015 by
Categories: Debt, Economics, Europe and the EU, SPERI Comment, Tax, Welfare | Tags: , , , , | Leave a comment

New SPERI Paper: Britain’s Post Crisis Political Economy: A ‘Recovery’ through Regressive Redistribution

We are very pleased that our latest paper by SPERI researchers Jeremy Green and Scott Lavery was covered in an article in Scotland’s Sunday Herald. http://www.heraldscotland.com/news/home-news/think-tank-measures-to-help-economy-made-the-rich-far-richer.24005186 The full version of the SPERI paper No. 11 is now available for download by clicking on the link below: SPERI Paper No. 11: Britain’s Post Crisis Political Economy: a ‘Recovery’ through Regressive Redistribution In … Continue reading

22 April 2014 by
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The unravelling of Chavismo?

Matthew Bishop

The unique experiment represented by the Bolivarian Revolution in Venezuela is potentially on the brink of a painful and protracted crisis One of the most difficult jobs we have as analysts of political economy is cutting through the fog of debates that are polarised between seemingly irreconcilable viewpoints.  The unfolding crisis in contemporary Venezuela presents us with just such a … Continue reading

25 February 2014 by
Categories: Development, SPERI Comment | Tags: , , , , , | 2 comments

Registration now open for ‘Andrew Haldane In Conversation’

The Sheffield Political Economy Research Institute (SPERI) is holding the second of its ‘In Conversation’ evenings at 6pm, Thursday 20 February 2014 in Firth Hall, University of Sheffield. This time, Professor Andrew Gamble (University of Cambridge and Chair of SPERI’s International Advisory Board) will engage Andrew Haldane (Executive Director for Financial Stability, Bank of England) in conversation about the financial … Continue reading

2 January 2014 by
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Hungry for change: food insecurity in the wake of the crisis

The politics of the financial crisis have generated rising and unacceptable levels of hunger in advanced societies The only things that seem to be growing in the UK and US economies these days are hunger and food insecurity. The growth of food banks and other forms of hunger-relief charities is a strong reminder of the ‘pseudo-recovery’ we are in and … Continue reading

16 December 2013 by
Categories: Global crisis, SPERI Comment | Tags: , , , , , , , , | 2 comments

Sea change moments and post-crash political economy

Andrew Baker

The crisis has opened the door to new ideas and policy paradigms, but politicians are yet to build upon them and create a convincing progressive agenda Political economists are pessimistic about the prospects for far-reaching and profound change following the financial crash of 2008. A common refrain is that little in the way of substantive change to the financial and … Continue reading

12 December 2013 by
Categories: British growth crisis, Global crisis, Political theory, SPERI Comment | Tags: , , , , , , , , , , , | 2 comments