The Coming Crisis (Building a Sustainable Political Economy: SPERI Research & Policy)

This book provides a timely warning of the dangers still present and building in the global economic system, whose frailty was exposed by the global financial crisis, and the Eurozone crisis it spawned. The contributors to this volume draw on SPERI’s work on the political economy of growth, stagnation, austerity and crisis, and placing each in the context of the wider environmental crisis. Front Matter ....Pages i-xi Introduction: The Coming Crisis, the Gathering Storm (Colin Hay, Tom Hunt)....Pages 1-10 We are Not in Kansas Anymore: Economic and Political Shocks (Helen Thompson)....Pages 11-16 On ‘the Other Crisis’: Diagnosing the Socio-Ecological Crisis (Martin Craig)....Pages 17-24 Stagflation and the Shackles of Market Discipline (Jeremy Green)....Pages 25-33 Can Global Governance Prevent the Coming Crisis? (Anthony Payne)....Pages 35-41 The Coming and Current Crisis of Indecent Work (Genevieve LeBaron)....Pages 43-51 The Coming Crisis of Planetary Instability (Peter Dauvergne)....Pages 53-60 The European Migrant Crisis and the Future of the European Project (Nicola Phillips)....Pages 61-67 The Paradox of Monetary Credibility (Jacqueline Best)....Pages 69-76 Enduring Imbalances in the Eurozone (Scott Lavery)....Pages 77-85 Systemic Stabilisation and a New Social Contract (Andrew Baker, Richard Murphy)....Pages 87-94 Secular Stagnation: The New Normal for the UK? (Jonathan Perraton)....Pages 95-102 China Crisis? (Matthew Bishop)....Pages 103-111 Conclusion: The Crisis Gets Political (Andrew Gamble)....Pages 113-119 Back Matter ....Pages 121-125 Annotation This work provides a timely warning of the dangers still present and building in the global economic system, whose frailty was exposed by the global financial crisis, and the Eurozone crisis it spawned. The contributors to this volume draw on SPERI's work on the political economy of growth, stagnation, austerity and crisis, and placing each in the context of the wider environmental crisis