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Crisis, Rupture and Anxiety: An Interdisciplinary Examination of Contemporary and Historical Human Challenges brings together a range of original contributions that seek to critically interrogate the concept of 'crisis', a seemingly omnipresent and defining metonym of our times. Both international and interdisciplinary in perspective, the leading doctoral scholars and early-career researchers represented in this volume unsettle hegemonic notions of crisis (and possible remedies) by exploring ...
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Why did governments adopt austerity policies, and why were they so harmful? Why did the media largely ignore the majority of experts who opposed these policies, and allow politicians to get away with lies? And why did voters choose Brexit when the economic consensus was that it would harm living standards? Simon Wren-Lewis, winner of the SPERI/New Statesman Prize for Political Economy, is one of Britain's most respected economists. Since 2012, his widely-read Mainly Macro blog has been an influential resource for policymakers, academics and social commentators around the world. This book presents some of his most important work, telling the story of how the damaging political and economic events of recent years became inevitable. With new material including a preface by Nobel prize-winner Paul Krugman, these dispatches from the front-line serve as an essential guide to some of the most important economic and political issues facing us today, and as a warning to avert future disasters on this scale.
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Hauptbeschreibung Power shifts happened several times throughout history, but they do not occur frequently and are often connected with the use of force. Presently, there is a power shift from the western industrialized states, e.g., from member states of the European Union (EU), to Asian states, in particular China. However, in spite of this growth, it is disputed to what extent the rise of these economies already transcended into power and how it will develop in the future. What is clear by now is that the recent global financial and economic crisis was the worst one in post World War II his
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The difficult economic climate in Europe and the United States since the financial crisis is set to continue as the New Normal, despite frantic efforts to stimulate growth. The long phase of expansion that lasted from the 1980s until 2008 was driven by easy money, cheap imports and confidence - all gone. And the shift of geopolitical power to Asia is permanent. This does not mean that Western economies are inevitably condemned to 'lost decades' ahead. They can rediscover productivity and growth - but governments face formidable political obstacles to the reforms this would require.
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With the occurrence of the US crisis, international focus has shifted from finance to financial stability. This book offers analyses of financial stability risk assessment at three main levels - namely international financial markets, banks and international trade - with the research being innovative, timely and much needed in terms of policy implications. New approaches to policy-making are also suggested to deal with the three crises that presently buffet the world: the debt crisis, an agei...
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Essays from the Global Labour Column which highlight the role of labour in the fightback against neoliberalism.
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