The Polar Regions: An Environmental History. Adrian Howkins. Polity. 2015.
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It’s strange to think that where once explorers hauled their equipment stoically through the Polar landscapes, now David Cameron easily poses for ‘Hug a Husky’ photo-ops and tourists flock in comfort. As Polar Regions: An Environmental History shows, tourism is just one of the many peculiarities of the […]
There is a growing body of literature focused on the link between income inequality and current account positions (see, for instance, this IMF working paper). The argument is essentially that rising income inequality induces ‘losers’ to borrow from abroad either out of habit or to “keep up with the Joneses”. This can have an impact on the extent to which a state […]
It is still too early to know all the ways in which the UK’s departure from the European Union will affect the climate change policy of the 28 current Member States, but some things now seem likely if not inevitable.
‘Brexit’ will not be completed for at least two years, particularly as the UK has not yet activated Article 50 […]
The explosion of debt in troubled developing countries like Brazil may be a problem at some point in the future. For now, investors are stepping over one another to buy more of such bonds.
They’re so eager for a chance to lend to Brazil in particular that the nation is about to sell at least $500 million of notes maturing […]
The eurozone crisis, the rise of nationalist parties across Europe and the Brexit vote have all pointed to significant vulnerabilities in the European social model. Europe is home to only 8 per cent of the world’s population, yet it produces 50 per cent of global social payments (public pensions, healthcare benefits, maternity leave and associated benefits, public education and […]
Managers tend to think and talk about sales performance as an outcome that is determined exclusively by salespeople’s behaviours and relationships with customers. Want to close more sales? Meet more prospects. Want to make more money? Find a better way to interact with and influence customers. Want to ensure your numbers next year are better than your numbers this […]
There are three main longer term factors that determine how our economy performs. These are:
Population trends (demography);
Technical know-how (innovations);
How we manage ourselves (governance and education).
There is debate whether innovation is currently slowing or accelerating, and governance questions are always with us. But this blog is primarily about demography, and its influence on monetary policy, largely taken from a joint paper […]
Taxing the Rich: A History of Fiscal Fairness in the United States and Europe. Kenneth Scheve and David Stasavage. Princeton University Press. 2016.
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As the United Kingdom enters uncharted waters after the referendum vote to leave the European Union, many commentators are realising that the disconnection between elite politics and the general electorate is more important than had […]
Business interests are key to European integration. Without them, there would have been no Single European Act, Schengen treaty or Eurozone. The Founding Father of the European project, Jean Monnet, was himself a member of the early 20th century class of industrial business elites and following his resignation as Vice Secretary General of the League of Nations, he worked […]
Look around. Think back to your organizational experience. I have done the same. Over three decades working in organizations and carrying out research into organizations, I have come to the conclusion that very few companies succeed in implementing their strategy.
Of course, some execute their strategies successfully. My research suggests that what differentiates these companies from the others is that […]
Build a good reputation. This is an adage-like career advice in the business world. And, of course, being known for being good at something surely helps. Reputations will get your foot in the door in the uncertainty-laden fields of careers and businesses. When we make a judgment about someone, we are quick to look for what they have achieved […]
“If you are not already thinking about moving to shared services for your organisation, you probably should be.”
This advice from management consultants Accenture has been taken up with gusto by many local and national governments across the globe – particularly since the global financial crisis added new pressure to agency budgets.
Shared service arrangements involve separate organizations merging their ‘back […]
The introduction of capabilities such as high definition video, GPS, social media, smartphones, internet and advanced processing hardware have facilitated data generation at an exponential rate and global scale, giving rise to the term “Big Data”.
Our research indicates that businesses stand to gain from the wealth of data they collect both internally and from their customers. For retailers applying […]
Isabella Stewart Gardner was, in her day, the very model of a modern Medici. Beginning in 1891, she used her ample inheritance to buy up paintings by Old Masters and new artists alike during her frequent visits to Paris and Venice. She brought them back to her home town of Boston and displayed them in a museum built to […]
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1. Sweat Equity – Inside the New Economy of Mind and Body, by Jason Kelly
Excerpt […]
Waking up early on June 24th, I was surprised to learn the outcome of the UK referendum on EU membership: the majority of voters had opted for Brexit. Similar to the General Election just over a year before, this had caught the pollsters and bookmakers by surprise. The markets too were spooked, with the value of sterling falling sharply, […]
Global Inequality: A New Approach for the Age of Globalization. Branko Milanovic. Harvard University Press. 2016.
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Some of my favourite development economists are nomads, people with feet in different regions, which seems to make them better able to identify interesting patterns and similarities/differences between countries. This includes Ha-Joon Chang (Korea/UK), Dani Rodrik (Turkey/US) and now Branko Milanovic (Serbia/US), […]
Some broadcasters, such as the BBC’s Martine Croxall on News24, have argued that the Leave campaign might be have been right to predict that the economy hasn’t “fallen apart”, as the Remain lobby expected. The BBC has also set up a page to assess the impact of the referendum vote. It rightly notes that “we have not yet seen any data (to suggest […]
In this blog article, we investigate the position of the UK within the global corporate elite network. Firms are not individual market actors, but are typically embedded in dense networks of power and control, for example based on ownership or interlocking directorates. The CORPNET research group at the University of Amsterdam studies these networks as part of a five-year research programme funded […]
The Italian banking crisis is the outcome of two factors. First, a deep recession that caused many borrowers to become insolvent during the last five years. Second, the mismanagement of some banks, mostly regional banks (with the exception of MPS, which is the third bank in the country), that did not follow sound practices and in some cases made […]
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