Monthly Archives: November 2016

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    Energy, Capitalism and World Order: Toward a New Agenda in International Political Economy – Book Review

Energy, Capitalism and World Order: Toward a New Agenda in International Political Economy – Book Review

Energy, Capitalism and World Order: Toward a New Agenda in International Political Economy. Tim Di Muzio and Jesse Salah Ovadia (eds). Palgrave Macmillan. 2016.

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Increased global concern about the use of finite natural resources as well as the predominance of climate change discourse have brought about changes in how stakeholder energy is viewed today. With contributors coming from […]

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    The EU must break with neo-liberalism and address the discontents of globalisation

The EU must break with neo-liberalism and address the discontents of globalisation

Edinburgh anti-globalisation protests, by Sam Fentress, under a CC-BY-SA-2.0 licence
How should the European Union react to the decision of the British people to withdraw from the union? This is the question that has been at the centre of the political debate in Europe since the Brexit vote. Paul De Grauwe outlines a future scenario in which the EU could succeed after Brexit. He contends the […]

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    An attempt to unpick the ‘productivity paradox’ and other barriers to growth

An attempt to unpick the ‘productivity paradox’ and other barriers to growth

Google driverless car at intersection, by Grendelkhan, own work, under a CC BY-SA 4.0, via Wikimedia Commons

Introduction

Following the financial crisis in 2008, central banks in the UK and other developed countries have attempted to inject extra liquidity into the market through asset purchases and low interest rates. Economic theory predicts inevitable hyperinflation, overheating, and currency crashes. Today, inflation rates […]

November 18th, 2016|Economics, Jiin Baek, LSE alumni, LSE Growth Commission, Ritush Dalmia, Siddhi Doshi|Comments Off on An attempt to unpick the ‘productivity paradox’ and other barriers to growth|
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    Brexit: prioritise getting a good deal from the EU over getting a speedy one

Brexit: prioritise getting a good deal from the EU over getting a speedy one

New Oxford Street, view from Centre Point Tower (cropped), by Eric Huybrechts, under a CC-BY-SA-2.0 licence

Almost five months on from the EU referendum, politicians are still coming to terms with the complexity of legally disentangling the UK from the European Union. The business community will always try to make the best of any situation, and find opportunities in post-Brexit […]

Biotechnology: Why does Europe lag behind the US?

Flasks, by Republica, under a CC0 licence
Of all the new technologies that have emerged since the Second World War, biotechnology is notable in the extent to which US-based firms, having taken the lead at the start, continue to dominate the world market. Why has it been so difficult for other countries to catch up?

Biotechnology in this context refers to […]

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    How people react to the ‘also recommended’ section of online stores

How people react to the ‘also recommended’ section of online stores

Online shopping with touchscreen ultrabook, by Intel Free Press, under a CC BY 2.0 licence, via Wikimedia Commons
The “diaper and beer” product placement practice has been a great marketing strategy in traditional retail stores. As e-commerce gains popularity in recent years, online retailers have attempted to replicate this practice in e-commerce.

Is there any website feature that online retailers can exploit to […]

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    How founders psychologically disengage from their start-ups when it’s time to exit

How founders psychologically disengage from their start-ups when it’s time to exit

Box.net’s co-founder/CEO (Jan 13, 2011), by Robert Scoble, under a CC-BY-2.0 licence
Given the amount of time, energy, and resources it takes to start and develop a successful venture, it is not surprising that founders often describe their organizations as their babies or children. Much like the relationship between parents and their children, these organizations can become self-defining. At the same […]

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    Why European firms need more securitised bonds (not bank loans)

Why European firms need more securitised bonds (not bank loans)

Commerzbank Tower, by David Schiersner, under a CC-BY-2.0 licence
Bank lending to the real economy has still not recovered from the financial crisis in Europe. This problem is pervasive because of the relevance of the bank lending channel. About 80 per cent of companies’ debt financing is based on bank loans in Europe, while only 20 per cent is based on the […]

November 15th, 2016|Finance, Markus Demary|0 Comments|
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    A CEO shows us how promoting diversity is not an exact science

A CEO shows us how promoting diversity is not an exact science

GRAM Family Drop-In Studio, by Steven Depolo, under a CC-BY-2.0 licence
I spent the first 10 years of my career in one of the very best, but also perhaps least diverse, organisations around.

The British Army taught me a huge amount about leadership, but those lessons did not include how to handle the conversation with a woman coming back from maternity, or […]

November 15th, 2016|Gender, Ian Rand, Leaders|0 Comments|
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    Surviving work as an academic in the age of measuring impact

Surviving work as an academic in the age of measuring impact

In everyday use, by David Goehring, under a CC-BY-2.0 licence
You might think it odd that a Surviving Work in the UK post is going to be about academics. In some quarters, the view is that our working lives are not like others, without all the blood and guts of ‘real’ jobs. In this view, academics avoid the pitfalls of working […]

The tyranny of satisfaction reigns in organisations

Image by geralt, under a CC0 licence
I begin most of my lectures by telling students I intend to disappoint them. I tell them I look forward to the moment when they realise that I have failed to live up to their expectations of me. Their fantasy of me as the all-knowing, all-powerful leader who will teach them what they […]

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    The Hidden Wealth of Nations: The Scourge of Tax Havens – Book Review

The Hidden Wealth of Nations: The Scourge of Tax Havens – Book Review

The Hidden Wealth of Nations: The Scourge of Tax Havens. Gabriel Zucman. University of Chicago Press, 2015.

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Tax havens are low-tax jurisdictions that provide individuals and multinational companies with opportunities to escape taxes. They undermine the global market and cause the world’s governments to lose hundreds of billions of dollars every year. Since the financial turmoil of […]

How far should we push globalisation?

Photo by Fabian Mohr (CC-BY-SA-2.0)
The recent discussions about CETA, the trade agreement between Canada and the European Union, focused almost exclusively on two questions. They are important but certainly not the most fundamental ones. In this article I first discuss these two questions and then turn to the more fundamental question of how far we should push globalisation.

The first question […]

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    What energy and climate change policies can we expect from President Trump?

What energy and climate change policies can we expect from President Trump?

Strip coal mining, by Stephen Codrington, under the Creative Commons Attribution 2.5 Generic licence
The election on 8 November of Donald Trump as President of the United States has created great uncertainty about future American policies on energy and climate change. President-Elect Trump has in the past made a number of public statements questioning the existence of climate change, even claiming […]

How to co-lead a team

Blue Angels maneuvers, Kaneohe Bay Air Show 2010, by Lance Cpl. Tyler L. Main, Public Domain, via Wikimedia Commons
We don’t lead alone. We lead with others. The days of the ‘Great Man’ theory of Leadership – where one sole leader rules over the masses from their ivory tower, are long gone.

Some of us quite literally lead with another person – […]

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    What Donald Trump could do to ‘make America great again’ without destroying free trade

What Donald Trump could do to ‘make America great again’ without destroying free trade

US flag, by unsplash.com, under a CC0 licence
For nearly two years, unsettling comments by US presidential candidates rattled international investors. The prospect of US trade wars with China and Mexico hit global markets, already weakened by the surprising result of the Brexit referendum. The elections ended, but the financial community still cannot breathe a sigh of relief.

In order to calm […]

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    Whatever it takes to win: Rivalry increases unethical behaviour

Whatever it takes to win: Rivalry increases unethical behaviour

Rivalry, by DrMiaow, own work, CC BY-SA 4.0, via Wikimedia Commons
Rivalry is a competitive relationship that is built up over repeated and evenly-matched competition. There are many famous examples of rivalries gone awry. Many people still vividly remember the brutal sabotage attempt launched by Tonya Harding’s ex-husband against her rival Nancy Kerrigan in the 1994 Winter Olympics. Fewer may know […]

An isolationist America will be bad for the world

Donald Trump at Aston, PA September 13th, by Michael Vadon, under a CC-BY-2.0 licence
Many things have been said during this presidential campaign and many talked about the bad things we should expect from each candidate, especially Donald Trump. But I will talk about economics – just one thing that was pushed hard by Trump: trade.

America is a big country, the […]

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    Internet providers have an economic incentive to offer some content at faster speeds

Internet providers have an economic incentive to offer some content at faster speeds

Fiber strand, by Groman123, under a CC-BY-SA-2.0 licence
Telecommunication companies were up in arms last year after the U.S. Federal Communications Commission (FCC) made net neutrality the law of the land by classifying broadband internet as a utility, seeming to ensure there would be no pay-to-play fast lanes.

Our research over the past six years on the topic shows that the only […]

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    Is a loose monetary policy still appropriate for the Eurozone?

Is a loose monetary policy still appropriate for the Eurozone?

Protest at ECB headquarters, by JIP, own work, under a CC BY-SA 3.0 licence or GFDL, via Wikimedia Commons
The November 2016 expert survey of the Centre for Macroeconomics (CFM) and the Centre for Economic Policy Research (CEPR) invited views on a recent report by the German Council of Economic Experts (Sachverständigenrat), which argues that the current monetary policy of the European […]