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Political Economy

September 21, 2021

The demise of neoliberalism and the dawn of a new era of ‘neo-statism’

Paolo Gerbaudo The era of neoliberalism began with Thatcher and Reagan. Paolo Gerbaudo argues that it is crumbling before our eyes. Replacing it is a new era of ‘neo-statism’, the exact parameters of which are not yet fully shaped Read more
August 9, 2021

Left-wing austerity during international crises – it’s the financial markets, stupid!

Damian Raess Surprisingly, left governments adopted more conservative fiscal policies than right governments in recent economic crises. Governments did not choose these policies freely; rather, the financial markets imposed them. Nonetheless, argues Damian Raess, they appear to have dire electoral consequences: left-leaning voters are increasingly voting with their feet Read more
July 26, 2021

The German Greens could transform not just German economic policy-making but the nature of the Eurozone itself

Gabriele Beretta The CDU is facing its first post-Merkel electoral campaign, and the SPD is struggling to gain more than a 15% vote share. The Greens, meanwhile, are the second largest party in Germany. The impact of their results on the new German government may be the Eurozone’s most important political development of 2021. Gabriele Beretta argues that this could also have dramatic macroeconomic consequences for the Euro Area Read more
July 21, 2021

Recent court rulings suggest that European Commission policy on tax evasion and state aid is failing

Elena Escalante Block The European Commission is losing cases related to state aid taxation in the European General Court. If the Commission continues to suffer defeat against multinationals like Amazon, Apple and Starbucks, this could undermine the authority of its decisions on state aid, argues Elena Escalante Block Read more
June 30, 2021

Playing the long game: why democracy is good for business

Carl Henrik Knutsen Even today, there is no consensus on whether democracies or autocracies are better at generating economic development. Yet, writes Carl Henrik Knutsen, the best recent evidence indicates that democracies do, on average, promote higher growth Read more
June 24, 2021

The G7 global minimum corporate tax lacks global anchoring

Anna Guildea The global minimum corporate tax will help countries retain wealth. Yet, writes Anna Guildea, a truly ‘global’ corporate tax must originate from fora more inclusive than the G7 Read more
May 5, 2021

Searching for the structural roots of the storming of the Capitol: economic inequality and the role of the ultra-rich

Alberto Parmigiani To understand the storming of the US Capitol, we must consider its possible roots in economic inequality. This, along with economic elites' ability to transform material wealth into political clout, have contributed to record political polarisation in the US today, writes Alberto Parmigiani Read more
April 30, 2021

Biden’s minimum corporate tax rate could destroy Ireland’s economic growth model, leaving the country in uncharted territory

Anna Guildea The Biden administration’s plans to introduce a global minimum corporate tax rate, while bringing benefits to the world economy, will have a crushing effect on economies such as Ireland, which has used low corporate tax rates as an engine of economic growth, writes Anna Guildea Read more

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Advancing Political Science
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