Tag Archives for IMF

The great Australian neoliberal experiment

The story of how Australia embraced the free market On April 7th the new Secretary of the Australian Council of Trade Unions (ACTU), Sally McManus, declared that Neoliberalism ‘had run its course’ in Australia. McManus argued that Australia’s embrace of the free market in the 1970s and 1980s had lead to greater inequality amongst its population with ‘ordinary Australians’ becoming … Continue reading

6 June 2017 by
Categories: SPERI Comment | Tags: , , , , , , | Leave a comment

Tax spillover, development and global governance

Andrew Baker

Our new tax spillover framework is intended to increase scrutiny of countries’ tax regimes and discourage ‘race to the bottom’ behaviours There is growing interest among a range of development non-governmental organisations (NGOs) in something called ‘tax spillover’ analysis.  In the last two months, co-author Richard Murphy and I, have engaged in discussions with Oxfam, Action Aid and Christian Aid, … Continue reading

5 June 2017 by
Categories: SPERI Comment | Tags: , , , , , , | Leave a comment

The Crosland Legacy: Lessons for the British Left

Anthony Crosland’s persuasive case for social democratic ideals and insights into the nature of the economy and politics still have great resonance today Since the financial crisis erupted eight years ago in the advanced industrialised economies, the Left across Europe has been desperately searching for a new economic strategy that can replace the defunct doctrines of market liberalism. In Britain, … Continue reading

28 September 2016 by
Categories: SPERI Comment | Tags: , , , , | Leave a comment

The Coming Crisis: why global governance doesn’t really work

Tony Payne

Serious problems undermine the current regime and create a significant ‘global governance deficit’ Nobody can say that the major institutions of global governance haven’t noticed the possibility that a further global economic crisis might be brewing. The World Bank warned in January this year that a ‘perfect storm’ could be building in the global political economy. It was worried by … Continue reading

15 June 2016 by
Categories: SPERI Comment, The coming crisis, Tony Payne | Tags: , , | Leave a comment

Bad things can still happen to ‘good pupils’ in the Eurozone

Neil Dooley

Portugal’s aspirant ‘good behaviour’ has contributed not only to its recent political crisis, but also its longstanding economic woes Portugal’s political elites, such as Luís Marques Guedes, are often eager to let the world know that they are the hardworking ‘ants’ of Aesop’s fable, while ‘the Greeks are grass-hoppers’ who have failed to plan for the future.  In a thematically … Continue reading

9 December 2015 by
Categories: Economics, Europe and the EU, SPERI Comment | Tags: , , , , , , , , , , | Leave a comment

A terminal crisis of Anglo-America?

Jeremy Green

In the wake of the global financial crisis new strains have emerged within the US-UK ‘Special Relationship’ Scenes of Lehman Brothers’ employees hurriedly clearing out belongings from their London offices in September 2008, as the bank filed for the largest bankruptcy in US history, became part of the iconic imagery of the Global Financial Crisis (GFC). Lehman’s collapse was the … Continue reading

30 July 2015 by
Categories: Economics, Global crisis, SPERI Comment, USA | Tags: , , , , , , , , , , | Leave a comment

The Caribbean’s silent debt crisis

Gail Hurley

New policies are needed to break the cycle of debt dependency Sun, sea, sand, rum-punch, even reggae, these are the images that usually spring to mind when we think of the Caribbean islands. Less well-known is the profound sovereign debt crisis that many are currently experiencing. Indeed, for some, it has been a persistent and unresolved problem for well over … Continue reading

28 October 2013 by
Categories: Debt, Global crisis, SPERI Comment | Tags: , , , , , , , , , , , , , , , , , , , | 3 comments