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Several leading policymakers - from ECB President Mario Draghi to EC President José Manual Barroso - have pushed Eurozone countries to adopt far-reaching structural reforms in labour and product markets in order to foster growth and employment. While there is a broad consensus that structural...
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China's change to a new model of growth, now called the 'new normal', was always going to be hard. Events over the past … hangover from the fiscal and monetary expansion that pulled China out of the Great Crash of 2008 would all have been hard at … urgency of easing the environmental damage from the old model. China's economy has slowed and there are worries that the …
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"The Political Economy Reader advocates a particular approach to the study of political economy - the "market-institutional" perspective - which emphasizes the ways in which markets are embedded in political and social institutions. This perspective offers a compelling alternative to the...
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In July 2014, Australia abolished the Australian carbon pricing mechanism introduced in 2011. In comparison, the EU emissions trading scheme has been up and running since 2005 despite critical challenges at various junctures. What explains the quick unravelling of the former and the...
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