Tag Archives for Deflation

The Coming Crisis: we do not have much time

Professor Andrew Gamble

The political economy problems we face are complex and loom large; new solutions are needed and time is of the essence As the previous blogs in this series demonstrate, the political economy problems facing us are complex, intractable, and in many cases deepening. Recovery from the 2008 crash has been slow and uneven, and as Tony Payne points out, all … Continue reading

13 July 2016 by
Categories: Debt, Inequality, SPERI Comment, The coming crisis | Tags: , | 1 comment

The Coming Crisis: enduring imbalances in the Eurozone

Scott Lavery

In the third blog in SPERI’s new series on ‘the coming crisis’ Scott Lavery examines three areas of imbalance in the Eurozone and argues that the single currency area remains vulnerable to a future economic downturn Jean Monnet – one of the architects of the European integration process – once opined that “Europe will be forged in crises, and will … Continue reading

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

The Coming Crisis: stagflation and the shackles of market discipline

Jeremy Green

In the second blog in SPERI’s new series on ‘the coming crisis’ Jeremy Green assesses the prospects of unorthodox central bank policies for escaping the stagflation gripping Western capitalism The darkest hours of the Global Financial Crisis conjured haunting visions of the worst-case scenario: that we would enter a period of sustained financial paralysis, massive unemployment and the breakdown of … Continue reading

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

QE, labour market restructuring and the ‘regressive recovery’

Jeremy Green and Scott Lavery

Cameron’s continuing ‘two nations’ governing strategy prepares the way for a further economic crisis When David Cameron emerged from 10 Downing Street on the morning of the 8 May, he proclaimed that he would lead a ‘one nation’ government – one whose guiding aim would be to ensure that ‘the recovery reaches all parts of our country’. There was nothing … Continue reading

9 June 2015 by
Categories: British growth crisis, Economics, Finance, Inequality, Politics and policy, SPERI Comment, Tax | Tags: , , , , , | Leave a comment

Deflation trap

Andrew Gamble

Neoliberalism will struggle to survive if western economies cannot find ways to increase demand The European Central Bank has consistently denied that there is any chance of the eurozone falling into deflation.  The ‘deceleration of prices’ in recent months has been dismissed as a temporary phenomenon soon to be reversed.  But the reality is that deflation is not going away. … Continue reading

2 September 2014 by
Categories: Economics, Finance, SPERI Comment | Tags: , , , , | Leave a comment