The economies of the eurozone countries are plagued by multiple crises, which cast major doubts over the future of the euro. In this engaging new book, leading economist Malcolm Sawyer argues that the entire policy framework of the eurozone was fundamentally flawed from its foundation. He shows how these ‘design faults’ intensified the crisis and are now locking in perpetual self-defeating austerity.Sawyer proposes a bold alternative agenda for reviving the continent’s economic pro...

Published in 1985, "The Economics of Industries and Firms" is a vaulable contribution to Economics.

The four decades of neoliberalism, globalisation and financialisation have produced crises - financial and pandemic - and rising inequality. The climate emergency threatens the future of the planet. This book explores many dimensions of the background to these crises. There is the development of policy agendas to address the climate emergency. The rise in inequality is studied in terms of impacts of financialisation and the relationships between growth and inequality. The record of the neo...

This book is the fifteenth volume in the renowned International Papers in Political Economy (IPPE) series which explores the latest developments in political economy. Containing contributions by experts in the field, this book focuses on topics that address the ongoing debate of inequalities in economic systems. Inequality has been considered a problem by many academics and policy makers for a long time now and recently here has been some evidence of increasing inequalities in society. Con...

The period of past four decades has been characterized as one of neo-liberalism, financialization, globalization, privatization and de-regulation. Inequality has risen in industrialised countries, labour’s share in national income has been in decline and economic growth slowed. The evidence of the damage to the environment from human economic activity, and the dramatic consequences of failure to address climate change have become more apparent and urgent. The global financial crises shocke...

This timely book examines how Gulf Cooperation Council (GCC) countries can successfully navigate the structural transformation towards a post-oil future. Moving beyond generalized policy prescriptions, it comprehensively explores crucial obstacles and opportunities to define a path forward for the GCC region.Contributing authors demonstrate how meaningful income diversification requires a fundamental rewiring of the GCC’s economic, institutional and social fabric. They address the ...

Harcourt has made substantial and wide-ranging contributions to economics in general, and to post Keynesian economics in particular. In this volume more than forty leading economists pay tribute to and critically evaluate his work. The contributors represent a wide range of schools in economics, and include Nobel Laureates Paul Samuelson and Robert Solow.

This volume deals with both a new theoretical framework and the capability of new economics to tackle a number of economic problems. It offers detailed analysis and informed comment on the type of new economics emerging in the aftermath of the financial crisis and the 'great recession'.

The financial crisis and the ‘great recession’ have generated the need for new thinking in economics and for new economic policies to secure sustainable and equitable economic development. The new thinking in economics is an interdisciplinary approach to economic problems that acknowledges and respects insights and analyses from other disciplines, and recognizes complexity and evolutionary theory as relevant for understanding economic systems and economic behaviour. New Economics is concer...

In the past few decades, and intensified since the global financial crisis of August 2007, heterodox macroeconomics has developed apace and its scope has broadened in a number of directions. The purpose of this volume is to review the ‘state of the art’ in heterodox macroeconomics, its strengths and weaknesses and future directions. Heterodox macroeconomics has broadened its scope through gender macroeconomics, ecological macroeconomics and further incorporated income distribution and ineq...

This book presents economic policies to combat the challenges posed by financial crisis, the COVID-19 pandemic, and the climate crisis. How the role of the markets, the state, and social cohesion have come into question is explored, alongside broader issues, such as inequality. Particular attention is given to policies relating to the funding and financing of investment to confront the climate emergency, enhancing productivity and technical innovation, the significance of the commons in th...

This book explores the issues caused by climate change and environmental degradation, alongside the economic policies that can help secure an environmentally sustainable future. Through examining sustainability and resilience, the neoliberal globalised trading system and recent economic policies are questioned to inquire into whether capitalist economies are compatible with addressing climate change. Prolonged economic growth, forms of ownership, economic equality, the global ecosystem, un...