Latest Documents - New Approaches for Economic Challenges

22-May-2020

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Is this time different? Recovery in a time of pandemic - Paul Krugman

Paul Robin Krugman is the Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times. In 2008, Krugman was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography

15-May-2020

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Will Covid-19 Remake the World? - Dani Rodrik

Covid-19 is reinforcing existing problems of inequality and economic insecurity within nations. In response we need a new direction for policy, investing in continuous education, social protection and flexible markets ("flexicurity")

30-April-2020

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Exiting and Learning from the Covid-19 Pandemic - Michael Spence

Nobel Laureate Michael Spence discusses the exit and restoration of “normal” economic activity, specifically the close alignment between good health outcomes (containment) and speeding up the recovery. Professor Spence also discusses what appears to be large differences in performance across countries and jurisdictions in containing the virus. He looks at post pandemic recovery and longer term changes.

23-April-2020

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Shock-proof: Building Resilient Systems in the 21st Century

The Covid-19 pandemic has reminded us of the fragility of some of our most basic human-made systems. What sort of policies and strategies are required to make such systems more resilient? Some of the world’s leading political economic thinkers imagine a next world system, transforming thinking and action to achieve that vision.

5-March-2020

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Integrative Economics

If we want to put people at the centre of economic policy, then economics has to study people. It has to understand how their thoughts, feelings, aspirations, history, and culture interact inside them to produce the decisions and actions visible to the outside world. Understanding people to understand the economy is at the core of NAEC, and is the central issue of this conference on integrative economics.

27-February-2020

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Systemic Thinking for Policy Making

We are living in a period of profound systemic change. We have to identify actions that will shape change for the better, and help to build resilience to the inevitable shocks inherent in, and generated by, the complex system of systems constituted by the economy, society and the environment.

14-February-2020

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The Triumph of Injustice - Gabriel Zucman

The Triumph of Injustice calls on historical and economic analysis to examine the choices that led to tax injustice, tax evasion, and the spiral of international tax competition. It proposes a visionary but pragmatic overhaul of taxation to bring concrete solutions to today’s inequality challenges and reconcile globalisation and economic justice.

21-January-2020

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Econophysics and Policy

Econophysics has tended to concentrate on financial markets, and these represent an ideal laboratory for testing economics concepts using the terabytes of data generated every day by financial markets to compare theories with observations. The dynamics of financial markets, and more generally of economic systems, may reflect the same underlying mechanisms that are familiar to physicists.

13-January-2020

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Persistent Low Inflation and the Failure of Institutional Political Economy - Adam Posen

The orthodox institutional view of political economy has dominated the design of the Euro Area and macroeconomic surveillance of advanced economies and it has failed in both policy terms and as an explanatory framework.

20-November-2019

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The Crisis of the Global Order - Martin Wolf

The history of the liberal global order, the post-war world economy in an era of profound transformation where institutions and assumptions have become fragile. The central characteristics of this new transitional era are: the rise of China , the rise of populism, and the break-up of the post-war western alliance. We need to create a stable, global and co-operative order based on multiple values and shared commitments.