Search results for ""Agenda Publishing""

The Brexit debate in the UK focuses almost exclusively on the UK’s own position within the European Union and largely ignores the reaction and opinion of the other 27 member states. The UK’s negotiations will, however, involve each and every member state, as well as the EU institutions, and their past relationships with the UK will be critical for shaping any future international relations. This book offers an in-depth analysis of the attitudes and opinions of the rest of Europe towards the UK’s decision to leave. Covering the period from David Cameron’s attempt to renegotiate the UK’s EU membership prior to the Referendum and closing with the triggering of Article 50, the book charts the individual member-states’ response to the UK’s referendum process and result. Each essay draws on the research of country experts and together they provide essential context for understanding the likely negotiating position of the European nations towards the UK at this historic juncture and a fascinating insight into their likely future relations with the UK.

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Over recent years, tabloid readers have become familiar with the concept of the "white working class", those thought to have been "left behind" by globalization, including immigration. Such sentiments were weaponized by politicians on all sides to fuel the anti-immigrant rhetoric of the Brexit campaign. And this racialized narrative has emerged repeatedly in mature democracies – in the political campaigns of Trump, Le Pen and others – and continues to gain traction in the guise of economic nationalism and populism. The need to understand the putative emergence of the white working class has become both intellectually significant and politically urgent. In Race and the Undeserving Poor, Robbie Shilliam does just this. He charts the development over the past 200 years of a shifting postcolonial settlement that has produced a racialized distinction between the "deserving" and "undeserving" poor, the latest incarnation of which is a distinction between a deserving, neglected white working class and "others" who are undeserving, not indigenous, and not white. Shilliam's analysis shows that the white working class are not an indigenous constituency, but a product of the struggles to consolidate and defend imperial order that have shaped British society since the abolition of slavery.

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Populism has become a significant feature of mature democracies in the twenty-first century and the rise of populist parties is proving a powerful and disruptive force. Catherine Fieschi offers a comparative analysis of the rise of populist parties in France, Italy, the Netherlands and the UK in the context of major digital and political transformations. Populism is effective, Fieschi shows, because it originates from within the democratic tradition and has been able to turn some of democracy’s key strengths against it – what she calls Jiu-jitsu politics. Populism needs to be understood not simply as a response to globalization by the “disillusioned” or “left behind”, but as a consequence of the digital revolution on our political and democratic expectations. She demonstrates how new dynamics unleashed by social media – the fantasy of radical transparency, the demand for immediacy and the rejection of expert truth and facts – have been harnessed by populism, enabling it to make unprecedented inroads into our political landscapes.

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The six Arab monarchies of the Persian Gulf – Bahrain, Kuwait, Qatar, Oman, Saudi Arabia and the United Arab Emirates – have a disproportionate importance in the global economic system because of their enormous reserves of oil and gas. Matthew Gray provides a brief yet comprehensive profile of these six Gulf states and their modern political economy. Focusing on the postwar period, particularly the last 20 years, he examines the key factors that have shaped these nations’ economies and enabled them to bypass typical development pathways. The book explores how the combination of rentierism, state ownership of key firms and assets, and the use of patron–client networks to distribute favours and opportunities, has created a very effective strategy for regime maintenance and durability. However, the book also outlines how cooptive bargains with society have given the Gulf states a unique set of economic problems, including low levels of innovation and entrepreneurship, reliance on foreign workers and an inflated public sector. With the global demand for hydrocarbons set to decline, the need for the Gulf states to diversify their economies, expand the private sector, and build a more diverse taxation base has become ever more pressing. The book explains the importance of these challenges, which, along with those of geography, regional security, rapidly growing populations, and sectarianism are likely to test the Gulf’s new generation of leaders.

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Jeremy Corbyn proved to be one of Labour’s most popular and yet one of its most divisive leaders amongst the membership. From his surprise election in 2015, he was characterized as both hero and villain. A conviction politician, determined to do things his way, he was leader of the opposition during one of the most fraught and difficult periods in modern history. And yet, despite opposing a minority government, Corbyn made little headway in uniting his own party and translating the country’s discontent into ballot success. In this collection of carefully researched essays, Corbyn’s influence on and legacy for the Labour Party are assessed. Each chapter focuses on an aspect of his time in office, his approach, his political thought and policy formation in an attempt to posit what constitutes “Corbynism”. Chapters assess his leadership style, his attitude towards antisemitism and women in the party, his controversial foreign policy positions, as well as his views on the European Union. The essays also engage with a range of wider debates about populism, identity politics and fandom.

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What constitutes a sovereign wealth fund is contested. In general, however, it is a state-sponsored institutional investor that is answerable only to the state and makes investments according to the interests and mandate of that state. Different types of funds have emerged in the context of particular economic conjunctures, and over the last decade the number of sovereign wealth funds has grown substantially, with total assets exceeding $7 trillion. This trend is set to continue, as more and more countries look to establish an SWF. The place of SWFs in global financial markets may appear settled, but this does not mean that concerns about "state capital" and its place in financial markets has gone away. This short book offers an incisive discussion of the development of this class of investor, how they have become legitimate actors in global financial markets, and their role as providers of capital and in economic development at home and abroad.

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The Indian economy has undergone dramatic changes over recent decades encompassing episodes of rapid growth and stagnation. It is a complex economic story that stretches back to the seismic events of 1947. This book charts the development of the Indian economy since independence and partition, and provides a rigorous presentation of India’s contemporary political economy. As well as providing a comprehensive survey of the main features of the Indian economy, the book critically examines key debates surrounding the country’s economic trajectory, in particular those that link it to the dominance of particular class interests, and those that argue that India’s economic growth has not delivered equivalent welfare gains. Throughout, the book uses revealing case studies of poverty and inequality, of education, health, work and gender issues to outline the human story behind the economic figures and performance indicators. The economic impact of internal geography, regional diversity and discrimination is also assessed. The distinct, and sometimes puzzling, features of India’s political economy are explored, including the significance of the service sector, a weakening state, and the democratic failure of public service delivery. The book offers an authoritative overview of the contemporary Indian economy suitable for students seeking an introduction to this most diverse of economies.

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The automotive sector represents more than a simple industry. It embodies the economic and technological power of nations, the lifestyle and consumption patterns of societies, the dynamics of urban and territorial development, and acts as a national barometer of economic success and failure. This book explains how the car industry works and analyses the challenges both for the sector and for the economies that rely on the industry for jobs, growth and innovation. It explores an industry that has been under severe pressure in industrialized countries for many years – factories have closed, jobs have gone and brands and manufacturers have disappeared – yet world production has never been higher, reaching new peaks annually. The authors investigate how western and Japanese manufacturers still dominate the market, despite the challenge posed by Korean, Chinese and Indian competitors. They examine how changing environmental policies and consumer preferences are moving the industry towards electric vehicles; how usage patterns are evolving, favouring car-sharing; and how advances in electronics and digitalization are set to further reshape the sector with autonomous and self-driving vehicles. The book offers readers a short, non-technical guide to the workings of a fast-moving industry that remains of huge importance to both national and global economies.

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Austerity has dominated economic debate since the financial crisis of 2008. Governments have implemented austerity policies by reducing their spending on goods and services, increasing taxation and cutting welfare budgets. John Fender explains how austerity (or "fiscal consolidation") works in theory and how it has played out in practice especially in the UK and the eurozone. He provides a clear and rigorous guide to the principles and mechanisms of austerity economics and offers a balanced account of the economic thinking behind contentious policy decisions. Boris Johnson has said that the UK government "has absolutely no intention of returning to the 'A-word'", but with the Covid-19 crisis likely to result in much more government debt, it will be difficult to avoid more austerity. Understanding the impact of austerity policies is more important than ever and this book offers a first step on that path. For anyone seeking answers to such questions as: "What can we learn from the UK’s economic history that is relevant to current policy?", "Is austerity ever necessary or desirable?" and "Can the harmful effects of austerity programmes be mitigated?" then this book will be welcome reading.

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The availability of low-cost energy from fossil fuels – in particular oil – has been the driving force behind postwar global economic growth, such that the petroleum industry has some of the world’s largest companies. This book examines the economics of the oil and gas industry, from exploration, development and production, to transportation, refining and marketing. At each stage of the value chain, the key economic costs and considerations are presented in order to provide the reader with a comprehensive understanding of the workings of the industry. The book examines some of the unique economic challenges the industry faces, including negotiating international contracts with host countries (to gain access to hydrocarbons), managing the risks of recovery, implementing cross-border pipelines, dealing with huge variations in the taxation of refined products, and reacting to the effect of price control and subsidization in the OPEC nations which can create massive volatility in pricing. The search for low-carbon fuels, the impact of shale gas, the prospect of finite reserves, and the global political realities of the competing demands of oil-importing and oil-exporting countries are shown to make the sector high risk, but the economic rewards can be huge.

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Caring is a central aspect of our being. Without it, we would just float along in the world, attaching ourselves superficially to one activity after another as they came up. Caring anchors us to the world and to each other. And yet, understanding what caring is and how it operates in our lives is a challenge. Todd May meets that challenge, canvassing various approaches to care and offering an overview of the key role it plays in our lives. With wit and insight, May addresses the difficulties between understanding care as a reflective attitude and as an emotion, between care and love, between caring for humans and for non-human animals, between self-care and concern for others, and between care and vulnerability.

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The ancient Greek philosopher Plotinus insisted that philosophy should be concerned with nothing less than “what matters most”. This collection of philosophical conversations seeks to honour Plotinus’ vision by addressing questions related to the art of living. Much has been written about the “art of living” and it typically conjures up ideas of therapy, meditation, peace, happiness, and so on. But what about the art of living in the midst of all the spectacular messiness generated by an aggressive, anxiety-ridden, acquisitive and lustful species? The conversations that make up this book explore the questions that matter most to us as citizens of increasingly fractious societies and inhabitants of an increasingly fractured planet. They invite us to think anew about the complexities and challenges involved in living a good life in a world characterized by uncertainty and change.

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Our sense-making capabilities and the relationship between our individual and collective intelligence and the comprehensibility of the world is both remarkable and deeply mysterious. Our capacity to make sense of the world and the fact that we pass our lives steeped in knowledge and understanding, albeit incomplete, that far exceeds what we are or even experience has challenged our greatest thinkers for centuries. In Logos, Raymond Tallis steps into the gap between mind and world to explore what is at stake in our attempts to make sense of our world and our lives. With his characteristic combination of scholarly rigour and lively humour he reveals how philosophers, theologians and scientists have sought to demystify our extraordinary capacity to understand the world by collapsing the distance between the mind that does the sense-making and the world that is made sense of. Such strategies – whether by locating the world inside the mind, or making the mind part of the world – are shown to be deeply flawed and of little help in explaining the intelligiblity of the world. Indeed, it is the distance that we need, argues Tallis, if knowledge is to count as knowledge and for there to be a distinction between the knower and the known. Tallis brings his formidable analysis to bear on the many challenges we face when trying to make sense of our sense-making. These include the idea of cognitive progress, which presupposes a benchmark of complete understanding; cognitive completion, which unites the separate strands of our understanding (from the laws of nature to our ineluctable everyday understanding of things, incorporating the meanings we live by); and the knowing subject – us – with our partial and limited viewpoint mediated by our bodies. The book showcases Tallis’s enviable knack of making tricky philosophical arguments cogent and engaging to the non-specialist and his remarkable ability to help us see humankind more clearly. For anyone who has shared Einstein’s observation that “the eternal mystery of the world is its comprehensibility”, the book will be fascinating and insightful reading.

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Matters of ideology and security have become deeply entwined in China’s economic and business environment. The context is more politicized, more uncertain. At the heart of Xiconomics is the Dual Circulation Strategy, which marks out clear dividing lines between China’s domestic economy and the rest of the world. It sets out how China seeks to manage the links between the two just when western countries are also focusing on decoupling and "friendshoring". In order to prosper, business leaders and policy-makers need to understand these new international dynamics. In this concise and incisive analysis, Andrew Cainey and Christiane Prange explain what is happening in China and how this affects its relations with other countries. They identify what foreign companies need to do, how strategies need to change, and what this all means for managing the China business as part of a global portfolio, under a range of geopolitical scenarios.

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In the 1990s, the “knowledge economy” was hailed by policy-makers in developed democracies as an antidote to the anxieties arising from the era of market liberalization – an era characterized by the decline of skilled blue-collar work, increasing levels of social exclusion and widening regional inequality. The shift to knowledge-driven growth appeared to offer policymakers a way of harnessing technological progress and global economic integration for progressive purposes, and justifying progressive policies in terms of the economic benefits that they would produce. Nick O’Donovan tells the story of how the techno-optimism once associated with the rise of the knowledge economy came to be supplanted by widespread anxiety about technological progress, and how the political consensus that formed around a knowledge-driven growth agenda has unravelled, paving the way for the electoral upheavals experienced by many developed democracies in recent years. By examining the rhetoric and reality of knowledge-driven growth over the last three decades, the book highlights the flawed assumptions underpinning this policy agenda, showing how its economic shortcomings map on to patterns of political discontent evident today. It assesses whether there is scope for rebooting this policy agenda in the wake of the Covid-19 pandemic, or whether politicians will need to reach beyond it if they are to deliver inclusive prosperity and equitable growth in the future.

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This clear and rigorous examination of the international efforts to combat the financing of terrorism is suitable for a range of courses in international relations, politics and global political economy. It provides a comprehensive examination of the post-9/11 efforts to counter financial support for terrorist actors, including the more recent challenges of non-cash payment technologies as well as how to combat the financing of terrorism in regimes where territories and populations are controlled, as in the case of Islamic State.

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Although the asset management industry has come under increasing scrutiny since the financial crisis it still remains poorly understood and investment scandals continue to headline in the financial press. Whereas most literature on the industry focuses on the technical end – how managers invest and what tips others can glean – this book explores the way these businesses operate as businesses and how they make their money. The book explains how the industry is organized, how firms generate revenues through various types of fund, fees and charges and what cost pressures they face. It investigates the nature of their client relationships, the role played by star investors and the requirement for firms to integrate non-financial considerations into their investment process. The inherent tensions and potential conflicts of interest within asset managers that seek to keep both clients and shareholders happy is also examined. The book concludes by considering how the industry is evolving, the role of regulation and where it is struggling to change. Suitable for students of business and finance, those working in allied areas of the finance sector, and for anyone with a general interest in how financial institutions and markets operate, the book offers readers a balanced and incisive guide to the economics of an industry that globally controls more than $100 trillion of financial assets and a critical appraisal of the sector’s future.

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Regional issues are increasingly debated across the social sciences. In an age of globalization, the region has come to matter perhaps more than before. In business, companies orient themselves to engage in regional environments to build capabilities and create critical mass in their vicinity. In the world of policy, almost one-third of the EU budget is spent on regional policy. Yet in spite of this the differences between regions that do well and those that do not are increasing in both Europe and the United States. In recent years, evolutionary economic geography has done much to create a framework to inform regional policy and academic work. Using its insights, Martin Henning explores why economic growth and transformation is an essentially regionally based and spatially dependent process. The book offers an accessible introduction to the core ideas involved in understanding the dynamics of regional economies and draws on case studies to illuminate these ideas in practice.

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Football has been largely exempt from the development of the regulatory state and has been left to govern itself. However, new media have raised the profile of the game and globalization has created new pressures as football clubs become pawns in the ambitions of states, consortia and wealthy individuals. Clubs offer an important sense of identity for fans, but the impersonality and distance of ownership can set up new tensions. In addition, corruption in the international governing body has been a significant problem and the sport’s symbiotic relationship with gambling continues to be a concern. Wyn Grant examines the political economy of football and its uneasy relationship with the market. There are no off-the-shelf solutions for regulation, he argues, but the complexities of the game and its economic size demand more attention from government.

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British society is increasingly divided into the haves and the have-nots. Housing epitomizes this division with spiralling rents, exorbitant prices, lack of council provision, poorly maintained stock, and polluted cities with ever decreasing green space. Daniel Renwick and Robbie Shilliam provide a recent history of squalor culminating in the Grenfell Tower fire. In doing so they reveal a profound political failure to provide fair and just solutions to shelter – the most basic of human needs. Renwick and Shilliam argue that agents of change exist within those populations presently damned by a racist and class-riven system of housing provision.

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The advent of new digital currencies has challenged our notions about money, its function and purpose, and our faith in the financial and banking structures that underpin its legitimacy. Oonagh McDonald examines the challenges, opportunities and threats that cryptocurrencies pose to existing fiat currencies and their potential to change how global finance operates. From Bitcoin to Facebook’s Diem, the book charts the spectacular rise of cryptocurrencies over the past decade alongside the much slower regulatory response. It assesses the potential of the technology underpinning new digital currencies – blockchain, digital tokens and smart contracts – to evade existing regulatory frameworks and considers the need for more robust protection from fraudulent initial coin offerings, scams and hacks. The book examines the motivations of central banks as they begin to explore opportunities for an alternative global digital currency, and what this might mean for the supremacy of the dollar and other fiat currencies. The future of cash is also considered. Throughout her analysis, McDonald shows that trust is fundamental to the operation of finance and that this will ultimately protect commercial bank money from the threat of new digital currencies. The book offers readers an insightful appraisal of the future of money and the challenges facing regulatory bodies.

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Running down “do-gooders” has become a popular pastime in recent years. Journalists and academics alike have lampooned and criticized philanthropists and big donors for their charitable activities, which are often characterized as a means of self-aggrandisement or tax evasion. Yet, it is widely acknowledged that philanthropy – from the establishment of Carnegie libraries in the nineteenth century to the recent global health interventions of the Gates Foundation – has played a critical role in both developed and developing societies. In an impassioned defence of the role of philanthropy in society, Beth Breeze tackles the main critiques levelled at philanthropy and questions the rationale for undermining and disparaging philanthropic acts. She contends that although it might be flawed, philanthropy is a sector that ought to be celebrated and championed so that an abundance of causes and interests can flourish.

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The Belt and Road Initiative (BRI) is one of the most talked about yet little understood policy initiatives of the People’s Republic of China. This book offers a comprehensive, balanced and policy-oriented assessment of the BRI’s first ten years and what it has meant for the world’s businesses, polities and societies. The authors explore China’s role as a globally significant source of development finance and investment capital, and examine the political, economic, normative, environmental and social implications of its increased presence in the world. Aimed at researchers and academics, business professionals and policy analysts, as well as informed readers, the book seeks to answer some of the most pressing questions that China’s rising economic presence in global markets poses: how is the BRI organized? Is it China’s grand strategy? Is it green, is it corrupt, and what are its social effects? Is there even a future for the BRI in a world beset by new uncertainties? The book offers a sober analysis of the most prevalent narratives that cast China as a "threat" and as an "opportunity" and considers the specific challenges that it presents for the liberal international order.

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New York became the world's first megacity in the 1930s. Since then it has remained the largest city in North America but, globally, it has been surpassed in size by the younger cities of Asia. Nevetheless its metropolitan area is home to 20 million people and it continues to be America's premier city. Jill Gross and Hank Savitch examine the New York metropolis through the lens of a series of twenty-first century pressures related to demography, economic growth, urban development, governance, immigration, leadership and globalization. How New York's institutions and policies have either risen to meet these challenges, stagnated in the face of them, or simply failed to resolve them is the focus of the book. In particular, the authors examine the muncipality of New York City, as the heart of the megacity, and how it navigates the increasingly complex battles with higher levels of government over rights to the city and resource needs. The book examines the shifting tides of corporate centred development, particularly the vibrant financial sector, and how it has leveraged its powerful geopolitical position in the global economy to continue to grow. The question of governance is explored along with the growing reliance on public–private partnerships to manage megacity problems. Mayoral control and leadership is shown to have been fundamental to meeting the needs of the residential population – issues such as crime, schools and housing – along with the demands of business. With over 3 million immigrants, New York is the most diverse city in North America, but it is also among the most segregated and the authors investigate the positive and negative outcomes that such diversity brings. As a comprehensive analysis of the political, economic and social dynamics that have made New York a megacity today, the book will be of interest to a broad readership in political science, public administration, public policy, sociology, geography, political economy, urban planning and regional studies.

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The cultural industries and their products and services make a significant contribution to the global economy and are seen as strategic sectors for sustainable economic growth. However, industries such as art, design, film, music, performing arts, publishing, television and radio, present particular challenges for economic analysis. They can be goods or services that are both public and private, protected by copyright and freely available, consumed and created, as well as susceptible to fashion and technological development. In this fascinating introduction to the cultural economy, Christiane Hellmanzik examines the market for creative work and reveals the economic relationships between human creativity, intellectual property and technology. Through the careful use of case studies, the book explores the core economic considerations such as supply and demand, competition and pricing, alongside macro trends such as globalization, digitalization and the internet, which are changing the industry’s business models.

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Over the past decade central banks have taken on new and expanded roles in an attempt to manage the global financial crisis. The European Central Bank (ECB) has been no exception. If anything, because of the incomplete architecture of the euro, the ECB has faced more serious challenges than either the Bank of England or the Federal Reserve. With the onset of the euro crisis, the ECB was forced to take on powers that went well beyond the conventions of standard monetary policy to prevent European Monetary Union from unravelling. Panicos Demetriades, former Governor of the Central Bank of Cyprus during the country's bailout in 2013, examines the role of the ECB and its adoption of these new powers, which have led to legal and political challenges, high level resignations and the controversial removal of central bankers from their posts without due process. Demetriades argues that at a time when stability and action are needed to secure the future of the euro, the very foundations of the Euro-system are being eroded, namely its ability to act independently. The book provides a lively and insightful account of the processes that can make or break the euro.

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Without access to mainstream financial services, people pay more for goods and services and have less choice. The impacts of exclusion are not just financial but also affect education, employment, health, housing, and overall well-being. Limited access to financial services also impedes economic development in impoverished communities, which has prompted policy-makers, private institutions and NGOs to develop strategies to address financial inclusion. Drawing on a series of illustrative case studies – from India’s micro-credit industry to mobile banking in South Africa – Samuel Kirwan examines the various types of policy implementation in developed and developing countries, and considers the social impact and efficacy of such economic intervention. While acknowledging the risks and pitfalls of government-backed and private financial inclusion practices, the book makes a strong case for the value of financial inclusion both as a conceptual term for clarifying the stakes of material poverty and as a policy tool that creates a space for meaningful changes in economic practices. The book provides valuable insight into the role of government policy in combatting inequality and is a welcome resource for researchers examining the socio-economic dimensions of poverty and attempts to address it.

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The “gig economy” is a relatively recent term coined to describe a range of working arrangements that have previously been denoted as precarious, flexible and contingent. These may include casual workers, temporary agency workers, those on zero-hours contracts and dependent contractors. This books seeks to get behind the contemporary buzz surrounding the term and provide some theoretical and empirical analysis of the gig work phenomenon. The book seeks to assess more critically some of the rhetorical claims made about gig work and to provide a balanced appraisal of the ramifications for individuals, employers and the economy and society in general of an increasingly insecure workforce. The regulatory framework, in particular, is examined and is shown to have lagged behind crucial developments in the gig economy, with many labour laws still historically rooted to the notion that a worker has to be an employee to be covered by employment rights. The authors show that in many respects there is nothing new about the gig economy and that its growth in recent years was in some sense predictable. Perhaps its real significance, they argue, is its potential as a business model to “gig-ize” other business operations far beyond relatively low-skilled work. When combined with automation and digitalization, the gig economy presents us with an opportunity to re-evalute our understanding of the nature of work.

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The negotiation of international trade agreements has become the issue of the moment. With Brexit, a change in administration in the United States, a fragile economic recovery in the Eurozone and China facing a slowdown in its growth, nothing is more critical to the future global economy than the terms of trade between its largest economic blocs. The Transatlantic Trade and Investment Partnership (TTIP) is Europe's most controversial trade agreement ever. Aimed at reducing regulatory barriers between the United States and the EU, it was expected to be fairly straightforward given strong business support on both sides of the Atlantic. It has not been so. The negotiations have dragged on far longer than anticipated and now look set to fail altogether. Yet the process of its negotiation, the terms of the potential agreement and its sticking points provide valuable lessons for policy-makers and academics tasked to bring future trade deals and arrangements to successful conclusions. Alasdair Young offers a penetrating analysis of the complexities of the TTIP negotiations and explores why they have proved so difficult to conclude, what motivates the different parties concerned and what implications there are for politics and policy. Young throws light on the limits of the transatlantic cooperation and the processes of globalization and teases out the implications for the UK in its post-Brexit trade negotiations and for other nations now facing a more protectionist stance from the United States.

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Feminist political economy is essential to understanding the power relations and hierarchies that shape and sustain contemporary capitalism. Motivated by the rejection of gender-blind approaches in economics feminist political economy provides compelling insights into the relations between the economic, the social and the political in the reproduction of inequality. Sara Cantillon, Odile Mackett and Sara Stevano have written a much-needed introduction to key topics in feminist political economy, including the global division of labour, social reproduction, child and elder care, the household and intra-household inequalities, labour market inequalities, welfare regimes, the feminization of poverty and economic indicators. The authors take a global perspective throughout and engage in debates that are relevant for the Global North and/or the Global South. The book offers readers a deeper and more nuanced understanding of the role of power relations and inequality in the economy and is suitable for a variety of courses in political economy, feminism, gender studies, economics, social policy and development studies.

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We have almost everything we need to tackle climate change, except political determination. Lorenzo Forni dissects the net-zero challenge and offers a clear-sighted strategy for policymakers, who need to enact complex green policies while keeping voters on board with the net-zero agenda.

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The world needs collective action, but existing arrangements are unravelling or outmoded. Two of Europe's most-experienced policymakers tackle global governance across climate, health, trade, banking and finance, big business, migration and the digital economy, to establish what works and what doesn't.

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A critical examination of the processes of deindustrialization that explores why it has become an issue of deep politics, informing right-wing populism, contemporary geopolitical tensions (with China), Brexit, the New Green Deal and levelling up.

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Edward Ashbee guides the reader through the intricate web of processes and forces of globalization that have shaped the world's politics and economics over the last 40 years. This is an invaluable overview of one of the most important phenomena of our age.

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Austerity has dominated economic debate since the financial crisis of 2008. Governments have implemented austerity policies by reducing their spending on goods and services, increasing taxation and cutting welfare budgets. John Fender explains how austerity (or "fiscal consolidation") works in theory and how it has played out in practice especially in the UK and the eurozone. He provides a clear and rigorous guide to the principles and mechanisms of austerity economics and offers a balanced account of the economic thinking behind contentious policy decisions. Boris Johnson has said that the UK government "has absolutely no intention of returning to the 'A-word'", but with the Covid-19 crisis likely to result in much more government debt, it will be difficult to avoid more austerity. Understanding the impact of austerity policies is more important than ever and this book offers a first step on that path. For anyone seeking answers to such questions as: "What can we learn from the UK’s economic history that is relevant to current policy?", "Is austerity ever necessary or desirable?" and "Can the harmful effects of austerity programmes be mitigated?" then this book will be welcome reading.

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Doreen Massey (1944–2016) changed geography. Her ideas on space, region, labour, identity, ethics and capital transformed the field itself, while also attracting a wide audience in sociology, planning, political economy, cultural studies, gender studies and beyond. The significance of her contributions is difficult to overstate. Far from a dry defence of disciplinary turf, her claim that “geography matters” possessed both scholarly substance and political salience. Through her most influential concepts – such as power-geometries and a “global sense of place” – she insisted on the active role of regions and places not simply in bearing the brunt of political-economic restructuring, but in reshaping the uneven geographies of global capitalism and the horizons of politics. In capturing how global forces articulated with the particularities of place, Massey’s work, right up until her death, was an inspiration for critical social sciences and political activists alike. It integrated theory and politics in the service of challenging and transforming both. This collection of Massey’s writings brings together for the first time the full span of her formative contributions, showcasing the continuing relevance of her ideas to current debates on globalization, immigration, nationalism and neoliberalism, among other topics. With introductions from the editors, the collection represents an unrivalled distillation of the range and depth of Massey’s thinking. It is sure to remain an essential touchstone for social theory and critical geography for generations to come.

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The negotiation of international trade agreements has become the issue of the moment. With Brexit, a change in administration in the United States, a fragile economic recovery in the Eurozone and China facing a slowdown in its growth, nothing is more critical to the future global economy than the terms of trade between its largest economic blocs. The Transatlantic Trade and Investment Partnership (TTIP) is Europe's most controversial trade agreement ever. Aimed at reducing regulatory barriers between the United States and the EU, it was expected to be fairly straightforward given strong business support on both sides of the Atlantic. It has not been so. The negotiations have dragged on far longer than anticipated and now look set to fail altogether. Yet the process of its negotiation, the terms of the potential agreement and its sticking points provide valuable lessons for policy-makers and academics tasked to bring future trade deals and arrangements to successful conclusions. Alasdair Young offers a penetrating analysis of the complexities of the TTIP negotiations and explores why they have proved so difficult to conclude, what motivates the different parties concerned and what implications there are for politics and policy. Young throws light on the limits of the transatlantic cooperation and the processes of globalization and teases out the implications for the UK in its post-Brexit trade negotiations and for other nations now facing a more protectionist stance from the United States.

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The term “degrowth” has emerged within ecological and other heterodox schools of economics as a critique of the idea (and ideology) of economic growth. Degrowth argues that economic growth is no longer desirable – its costs exceed its benefits – and advocates a transformation of economies so that they produce and consume less, differently and better. Giorgos Kallis provides a clear and succinct guide to the central ideas of degrowth theory and explores what it would take for an economy to transition to a position that enables it to prosper without growth. The book examines how mainstream conceptualizations of the economy are challenged by degrowth theory and how degrowth draws on a multifaceted network of ideas across disciplines to shed new light on the economic process. The central claims of the degrowth literature are discussed alongside some key criticisms of them. Whether one agrees or disagrees with degrowth’s critique of economic growth, Kallis shows how it raises fundamental questions about the workings of capitalism that we can no longer afford to ignore.

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As a broad introduction to the history of economic thought – based on courses the authors have taught for many years – this book provides a magisterial overview for students and teachers who have not had the opportunity to cover the development of the field of economics in its historical context. The text is presented as a series of twenty-four lectures, which can be used as the basis for self-study or for the delivery of a course. Each lecture presents an outline of aims, a select bibliography, a chronology, an overview of between 3,000 and 4,000 words, and questions for further study or reflection. Contemporary understanding of economic principles sheds little light on the manner in which past thinkers thought, so the reader is provided with the much-needed context behind the development of ideas, as well as being guided through the original writings of economists such as Smith, Jevons, Marshall, Robbins, Keynes and others. The emphasis is on the broad developing stream of economic argument from the seventeenth century to the present, seeking to emphasize a diversity that is sometimes suppressed in more conventional textbooks, which tend to organize their histories into sequences of schools of thought. Backhouse and Tribe bring their considerable insight and knowledge to bear on the text, having honed their presentation to the needs of those with no previous background in the subject, without sacrificing analysis or rigour. The book will be warmly welcomed by students and teachers alike.

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What is the future for progressive politics in advanced capitalism? With its political fortunes so low, how might the Left move forward? These essays from leading left intellectuals – Dean Baker, Fred Block, David Coates, Hilary Wainwright, Colin Crouch, Wolfgang Streeck, Leo Panitch, Sam Gindin and Matthew Watson – reflect on the scale and nature of the task that the Left now faces and consider the following questions: • What in modern capitalism has brought the Left to this impasse?• What role has the Left played in its own failings?• What lessons can be learnt for progressive politics going forward?• What are the immediate options and how can they best be pursued? The views and opinions expressed vary, but all offer searching insights into the task the Left now faces. All point to the intellectual and practical experience on which the Left now needs to draw as it deals with its contemporary challenges. These essays represent a major statement on the future for centre-left politics and offer a frank appraisal of the Left’s current capacity to keep conservatism at bay and to strengthen radical politics again.

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The "living wage" is an old idea that has experienced a dramatic resurgence of political popularity in recent years. The underlying logic of the concept is quite clear: it is a wage that provides workers with enough income to live on at some level considered adequate. However, in practice the term has become blurred with that of the "minimum wage" and in its implementation it has lacked a consistent meaning despite being widely used as a campaigning slogan. This short primer traces the origins of the concept of the living wage and seeks to explain the current rise in its fortunes as an economic instrument with a social objective. It examines its impact on labour markets and wage levels, explores how it has been applied, and assesses whether it is an effective measure for raising living standards. It offers a broad-ranging analysis of the debates, policy developments and limitations of wage floors in developed economies and will appeal to a wide readership in economics, public policy and sociology, as well as those working in non-profit and non-governmental organizations.

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Vera Zamagni charts the remarkable story of European economic growth from the birth of industrialization through to the present day. Setting European events within the wider context of world economic progress and alongside developments in Asia, Eastern Europe and the United States, she provides an up-to-date and authoritative survey suitable for course use. The book begins with an outline of the economic landscape of the late Middle Ages before exploring the process of European industrialization, including how the British model was replicated across Europe, and why Britain was unable to maintain its position relative to other economies, in particular the United States. The advent of global finance is examined and the economic impact of world war and revolution is assessed. European reconstruction and integration is analysed alongside the decline of Russia and the growth of the Asian economies. The book ends with an assessment of the impact of the global crash of 2008 and the subsequent crisis of the Eurozone. Throughout her analysis, Zamagni shows how the social and economic institutions and values of European civilization catalyzed economic progress. That these same structures are now threatened makes this history particularly timely.

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Much of economics is a top-down analysis that simplifies and reduces the huge varieties between individuals to a predictable range of characteristics that lend themselves to systematic analysis. This book eschews this conventional perspective, which sees national economies as simply agglomerations of the activities of millions of people, and instead explores the role played by the individual in the economy, in particular, how the individual experiences the economy. In so doing, the book is able to illuminate the economic landscape for the non-technical reader in a much more engaging and accessible way. Steve Coulter examines those areas of our lives that most direcly connect with the economy – jobs, education, healthcare, housing, personal finance, welfare, consumption – and explores how the individual choices we make are determined. He shows how the things we experience, need and consume fit into a fast-changing and interdependent global economic setting and highlights the role of government and markets in shaping our lives.

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Global financial capitalism has eroded the moral economy on which all economic exchanges ultimately depend. The principles of reciprocity, responsibility and redistribution, which for centuries defined the market place, have been increasingly pushed aside by a growth model that places the pursuit of profit above all else. Luigino Bruni and Stefano Zamagni draw on a rich Italian tradition of civic humanism to advocate a more well-mannered type of economic market – a civil economy – one that places well-being, virtue and the common good alongside more familiar economic goals. They provide a succinct introduction to the civil economy approach and outline the thought and ideas of some of its pioneers and main representatives. The many different fields of application of the civil economy, from the determination of gross domestic product to the management of common goods, from welfare to the organization of production and consumption, are considered. Unlike many post-growth or degrowth movements, rather than seek to replace the market, civil economy seeks to find solutions to social problems within the market, while maximizing human values and minimizing government intervention. It is a distinct and valuable approach, and one that offers individuals, corporations and governments a framework for a humane and socially accountable, yet productive and competitive, system of markets.

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Whitehead and Jones examine the history and use of nudging as a policy tool and consider when and where they are best deployed, if at all.

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