Tag Archives for rebalancing

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

Growing the economy from the middle out

A new growth model must place individual livelihoods at the heart of our regional economic strategy In his new SPERI paper Craig Berry suggests it is crucial to make a connection ‘between the new order and individual livelihoods’.  This resonates with two recent reflections of my own, which have come from my work with a number of communities who are … Continue reading

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

SPERI 2016 Conference: FINAL CALL FOR PROPOSALS

SPERI 2016 Conference, 4-6 July 2016, Halifax Hall, Sheffield SPERI is publishing today the final call for Proposals for its 4th Conference on ‘Political Economy in an Age of Great Uncertainty’. The deadline for submissions is the 18 December at 5pm. We have had a number of excellent submissions already and we look forward to putting together a programme for … Continue reading

18 November 2015 by
Categories: News | Tags: , , , , , , , , , , | Leave a comment

Austerity rests on a thesis the government doesn’t believe in

Tom Hunt and Craig Berry

Concentration of infrastructure investment in areas with high levels of business activity suggests the government is unconcerned by ‘crowding out’ Remember expansionary fiscal contraction? You don’t hear much about it now, but back in 2010 when George Osborne set out his austerity agenda, the theory underpinning it was that the private sector would expand to fill the gaps caused by … Continue reading

1 September 2015 by
Categories: Austerity, British growth crisis, Craig Berry, Development, Economics, Inequality, SPERI Comment | Tags: , , , , , , | Leave a comment

The Broomhill Festival welcomes SPERI researchers

On Thursday 19th June, SPERI successfully hosted a public engagement workshop as part of the annual Broomhill Festival. SPERI researchers Dr Craig Berry and Scott Lavery addressed a lively, local audience on the topic of ‘Austerity, Economic Rebalancing and Sheffield’. They were joined by Dr Kate Dommett, Lecturer in the Public Understanding of Politics in the Department of Politics, and … Continue reading

20 June 2014 by
Categories: Events | Tags: , , , | Leave a comment

Britain’s unreal recovery risks a very real economic crisis

Craig Berry

Investment and consumption performance demonstrates the frailty of the UK economy; the economic recovery is not yet secure The government has facilitated, at long last, a return to strong growth. But they have done so by ramping up the economic growth model that served Labour so well until 2008 – a model George Osborne had promised to dismantle. The pace … Continue reading

26 February 2014 by
Categories: British growth crisis, SPERI Comment | Tags: , , , , , , , | 5 comments

Welcome to the pseudo-recovery

Craig Berry

UK investment and consumption performance demonstrates the frailty of the economic recovery The second estimate of GDP for the third quarter of 2013, published by the ONS this week, appears to confirm that the UK economy has returned to consistent growth. Yet the detailed breakdown of investment results paints an alarming picture of an unbalanced economy. Growth remains far too … Continue reading

29 November 2013 by
Categories: British growth crisis, Craig Berry, Economics, Finance, SPERI Comment, Uncategorized | Tags: , , , , , , | 2 comments

Interrogating the ‘good news’ on employment

Craig Berry

Why the coalition government is wrong to consider the relatively high employment rate one of its main successes The good news is that the employment rate has grown to 71.7 per cent (all aged 16-64) in June-August 2013, up from 70.7 per cent when the coalition government took office. There are almost 700,000 more people in work. However, there are … Continue reading

25 November 2013 by
Categories: British growth crisis, Craig Berry, Employment, SPERI Comment, Uncategorized | Tags: , , , , , , , , | 1 comment

Export-led growth and the failure of economic rebalancing

Craig Berry

The trade deficit is growing – and the Transatlantic trade deal is unlikely to rectify this The Conservative Party’s general election manifesto could not have been clearer: ‘A sustainable recovery must be driven by growth in exports’. A preceding speech by George Osborne specified ‘net exports’, explaining that rising exports had to be matched by falling imports, as Britain once … Continue reading

19 November 2013 by
Categories: British growth crisis, Craig Berry, Economics, Europe and the EU, SPERI Comment | Tags: , , , , , , , , , , , , , | 1 comment

Are we there yet?

Craig Berry

The recent good news about renewed growth in the British economy badly needs to be scrutinised and put in context A strange story has started to emerge about the British economy. Apparently, it’s in recovery! The central plotline boils down to one key statistic: the UK economy is growing. GDP growth in the second quarter of 2013 was 0.7 per … Continue reading

14 November 2013 by
Categories: British growth crisis, Craig Berry, Economics, Politics and policy, SPERI Comment | Tags: , , , , , , , | 1 comment