1st Edition
Capitalism: An Unsustainable Future?
Introduction: The Future of Capitalism
Jonathan Michie
1. Financialisation, industrial strategy and the challenges of climate change and environmental degradation
Malcolm Sawyer
2. UK and other advanced economies productivity and income inequality
Philip Arestis
3. Financial oversight, the third flawed pillar of the European Union: the missing piece in the Arestis-Sawyer critique of EMU macropolicy design
Gary A. Dymski and Annina Kaltenbrunner
4. The industrial policy requirements for a global climate stabilization project
Robert Pollin
5. Challenges to neo-liberalism in the United States
Samuel Rosenberg
6. The U.S.–China trade imbalance and the theory of free trade: debunking the currency manipulation argument
Isabella Weber and Anwar Shaikh
7. Global value chains – a ladder for development?
Petra Dünhaupt and Hansjörg Herr
8. The impact of capital flow reversal shocks in South Africa: a stock- and-flow-consistent analysis
Konstantin Makrelov, Rob Davies and Laurence Harris
9. Do public banks reduce monetary policy power? Evidence from Brazil based on state dependent local projections (2000–2018)
Nikolas Passos and André de Melo Modenesi
10. Some new insights on financialization and income inequality: evidence for the US economy, 1947–2013
Marwil J. Dávila Fernández and Lionello F. Punzo
11. Determinants of social outreach of microfinance institutions
Shakil Quayes and George Joseph
12. Rethinking growth and inequality in the US: what is the role of measurement of GDP?
Remzi Baris Tercioglu
13. Sovereign currency and long-term interest rates
Hongkil Kim
14. Government expenditure and economic growth: a post-Keynesian analysis
Pintu Parui
15. Interpreting the world, in various ways – and changing it
Jonathan Michie
Biography
Malcolm Sawyer is Emeritus Professor of Economics, University of Leeds, UK and Retired Managing Editor of International Review of Applied Economics. He is author of 12 books, co-editor of over 30 books and over 250 academic journal articles and book chapters.
Jonathan Michie is Professor of Innovation and Knowledge Exchange at the University of Oxford, UK where he is also President of Kellogg College. He is Managing Editor of International Review of Applied Economics, and Chair of the Universities Association for Lifelong Learning.
