Growth and Welfare in Advanced Capitalist Economies takes stock of the major economic challenges that advanced industrial democracies have faced since the early 1990s and the responses by governments to them. It has three goals: firstly, to further our understanding of how political economies have transformed over the past decades; secondly, to analyse the contribution of governments to these changes, by looking at their growth strategies and thirdly, to highlight and analyse the ...

How have advanced capitalist democracies dealt with deindustrialization? Did financialization affect these economies to the same degree? How does digitalization transform them? How do governments deal with the polycrises of Covid-19, inflation, and climate change? What roles did welfare systems and reforms play in these adaptations? This book seeks to answer these questions by exploring the economic and social trajectories of advanced political economies in Europe, the United States, China...

Globalization, financial liberalization and neo-liberal economic policy thinking have been seen as contributors to the demise of social partnership in Western Europe. Recent examples of the re-emergence of social pacts have challenged these assumptions. The book offers a theoretical understanding of the challenges that increasing monetary integration posed for existing modes of adjustment in the political economies of EU member states, and explains why many governments have chosen to negot...

How to Do Public Policy offers a guide to students and practitioners on how to improve problem-solving with policies in a political world. It integrates insights from applied policy analysis and studies of the policy process to develop a framework that conceives policy-making as structured by two spheres of action - the 'engine room' of specialists and experts in government agencies, NGOs, research organizations etc., on the one hand, and the political 'superstructure' of politici...

The Political Economy of Pension Financialisation addresses – for numerous countries – how and why pension reforms have come to rely more on financial markets, how public policy reacted to financial crises, and regulatory variation.The book demonstrates how the process of pension financialisation reveals that pension policy is not only a social policy that affects retirement income, but also a financial policy that impacts savings rates, corporate finance and the economy. ...

This book investigates the changing patterns of labour market and unemployment policies in EU member states during the period since fiscal austerity took hold in 2010 during the deepest postwar recession in Europe.Looking at the big European picture, do we see a convergence or a divergence in labour market and unemployment policy trends and outputs? Has labour market insecurity increased or decreased and can these changes be associated with the observed changes in labour market pol...

Is a Universal Basic Income the answer to an increasingly precarious job landscape?Could it bring greater financial freedom for women, tackle the issue of unpaid but essential work, cut poverty and promote greater choice? Or is it a dead-end utopian ideal that distracts from more practical and cost-effective solutions?Contributors from musician Brian Eno, think tank Demos Helsinki, innovators such as California’s Y Combinator Research and prominent academics such as Peter B...

Who really runs the global economy? Who benefits most from it?The answer is a triad of 'governance institutions' - The IMF, the World Bank and the WTO. Globalization massively increased the power of these institutions and they drastically affected the livelihoods of peoples across the world. Yet they operate undemocratically and aggressively promote a particular kind of neoliberal capitalism. Under the 'Washington Consensus' they proposed, poverty was to be ended by increasing ineq...

Globalization and its relation to poverty reduction and development are not well understood. This book explores the ways in which globalization can overcome poverty or make it worse. The book defines the big historical trends, identifies the main globalization processes - trade, finance, aid, migration, and ideas - and examines how each can contribute to economic development. By considering what helps and what does not, the book presents policy recommendations to make globalization more ef...

Globalization and its relation to poverty reduction and development is not well understood. The book identifies the ways in which globalization can overcome poverty or make it worse. The book defines the big historical trends, identifies main global flows - trade, finance, aid, migration, and ideas - and examines how each can contribute to undermine economic development. By considering what helps and what does not, the book presents policy recommendations to make globalization more effective ...

It is increasingly argued that bargaining between citizens and governments over tax collection can provide a foundation for the development of responsive and accountable governance in developing countries. However, while intuitively attractive, surprisingly little research has captured the reality and complexity of this relationship in practice. This book provides the most complete treatment of the connections between taxation and accountability in developing countries, providing both new ...

What, and who, are we working for? A thoughtful assessment on our current society from "probably America's most prominent Marxist economist" ( The New York Times).Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our s...