Issue 9 – March 2019

What is the China Shock?

China’s authoritarianism is steadily consuming the previously democratic Hong Kong trading hub. It has become fashionable to talk about the China shock – the disruption to the international trading system

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Here We Go

Incheon towards the future: the city hosted 3,000 people for the 6th Wellbeing Forum. There is an international group of government officials labouring to make life better for people. Wellbeing

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Bots and bell ringing

Richard Baldwin is a leading international expert and author on globalisation. In his most recent book, he writes about the coming age of “globotics”, an even more intense globalisation plus

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Greece bears gifts

The European Union has lessons to learn from one of its least adept members writes Alex Tziamalis. While the UK is engulfed by Brexit – a battle for the strategic direction

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A sense of insecurity

The growing push for using securitisation markets for development finance is fraught with multiple dangers ahead. Rick Rowden sounds a warning. The international development finance club has been increasingly experimenting with various types

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The triumph of Trumpism

Donald Trump’s ascent to the White House was cleared and paved by an ignored underclass with the support of more recently socially-demoted segments of US society. John Komlos maps the path. Donald Trump

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Open Season?

The debate in the US on economics in the policy sphere has suddenly exploded with discussion of the Green New Deal and taxation on the wealthy. Much of this is

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Re-designing money

John Wood suggests that money should be re-designed as local maps of relations, rather than as a universal register of quantities and things. When someone tells you not to re-invent

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Schools out

Martin Parker looks at lessons learnt from the lessons taught in business schools. In the immediate aftermath of the 2008 financial crisis, there were plenty of people willing to write op-ed pieces

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Wishing on a star

Beware the simple solution. It could all end in tears. There was a period in history when the West’s international identity and institutions were strongly forged. This intense high-energy crucible

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Derelict duty

Pillars of society: homelessness protesters pitch up in St Peter’s Square, Manchester. How collective will pushed back a decade of council neglect by Liam Mullany. Were you to listen to any

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No time for losers

Ayn Rand preached selfishness is a virtue. Her ideas have caused terrible harm says Tom London. No doubt, there have always been selfish people, who care only about themselves and who never

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A man and his wife

Gunnar Myrdal shared his Nobel Prize with an arch rival. Meanwhile his Nobel Prize-winning wife enjoyed less recognition. André Pedersen Ystehede and Stefan Kesting tell the story of a quest for peace,

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Think of a number

Peter Manley questions the single number basis for claims that absolute poverty is on the wane. On 19 January, 2019 Bill Gates retweeted an infographic from Our World in Data —

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The bull in China’s shop

In this issue we are exploring the world of international organisations, values and globalisation. This is at a time when Trump is challenging all the norms, but maybe the norms

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Whiners and losers

Soft cheese, hard Brexit and the joys of talking trade theory. Like most people, I am wearied with this whole Brexit thing. It got particularly bad when Thomas became obsessively

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Neoliberalism unchained

Petrobras formed the linchpin of a reindustrialisation strategy through its capacity to develop offshore oil production including the giant platforms just outside Rio de Janeiro. Jair Bolsonaro and the Rise

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Making money

Why creating money is for the few more than the many. Writes Frances Coppola. Sovereignty has become a buzz-word. We are told that the principal reason for the UK’s decision

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Thinking less economically

“You can tell she’s really a geography teacher – She’s marked down my graph for looking like the Cotswolds instead of the Dolomites!” With a shortage of economists willing to

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