scholarly journals Global coronavirus pandemic crisis and future crisis prevention

2021 ◽  
Vol 68 (5) ◽  
pp. 587-623
Author(s):  
Phillip O’Hara

This paper undertakes an interdisciplinary analysis of the global coronavirus crisis of 2020-2021, its immediate aftermath and lessons learned, through the use of some core principles of institutional and evolutionary political economy. The principle of historical specificity and evolution (linked to uneven development) examines the background to the emergence of the crisis, plus its evolution and transformation through time. The principle of heterogeneous groups and agents scrutinizes the crisis through the various groups and individuals associated with gender, class, ethnicity, age and species. The principles of circular and cumulative causation (CCC) and contradiction investigate the multiple factors responsible for the crisis and how they interact in determining the depth and recovery from the crisis. The principle of uncertainty illustrates the changing expectations underlying the business climate and consumer confidence affecting socioeconomic performance, as well as current and future policies associated with health, regulation, budgets and money. A conclusion follows.

2009 ◽  
pp. 38-57 ◽  
Author(s):  
Ph. O’Hara

In this analytical review the author describes the main trends in the modern heterodox political economy as an alternative to mainstream economics. Historical specificity as well as the contradictory and uneven character of economic development are examined in detail. The author also discusses problems of class, gender and ethnic discrimination and their influence on economic growth. It is shown that there are tendencies to convergence of different theoretical perspectives and schools, common themes, topics of research and conceptual apparatus are being formed. The forces of integration and differentiation help establish new ideas and receive interesting scientific results in such fields as development economics, macroeconomics and international economics.


2020 ◽  
Vol 30 (1) ◽  
pp. 65-74
Author(s):  
Harlan P. Jones ◽  
Jamboor K. Vishwanatha ◽  
Thomas Yorio ◽  
Johnny He

The National Science Foundation (NSF) reports that underrepresented minority students are just as interested as their White counterparts in majoring in science upon entering college.1 However, the numbers of those receiving bachelors’ degrees, attend­ing graduate school, and earning doctor­ates remain lower than their White peers. To close this gap, the National Institutes of General Medical Science’s (NIGMS) Initiative for Maximizing Student Develop­ment (IMSD) at University of Texas Health Science Center (UNTHSC) supports the timely completion of PhD degrees by un­derrepresented students and their transition into successful biomedical research careers. Throughout UNTHSC’s IMSD training program, we have designed interventions anchored by the central hypothesis that PhD attainment requires attentiveness to multiple factors (knowledge, psychosocial, financial and self-efficacy). An assessment of program outcomes demonstrates a progressive increase in trainee retention. Importantly, not-withstanding quantitative measurable outcomes, trainee and mentor evaluations express the value in addressing multiple factors relevant to their success. Since 1996, our cumulative success of underrepresented minority students com­pleting the doctorate increased from 64% (1996) to 84% completion (2018). Herein, we describe the UNTHSC IMSD training ap­proach spanning its performance over two five-year cycles (2004-2008; 2009-2013) and new interventions created from lessons learned that influenced UNTHSC’s newly awarded IMSD program (2017-2022).Ethn Dis. 2020;30(1):65-74; doi:10.18865/ed.30.1.65


2016 ◽  
Vol 21 (1) ◽  
pp. 10-26 ◽  
Author(s):  
Daniel Bailey

The economic governance of the UK is currently in flux with various devolution agreements being negotiated across the country. This article examines the changing political economy of the UK enforced by Wave 1 City Deals, to analyse the claims made by devolution proponents that there is an ‘economic dividend’ to devolution. The argument is made that scant evidence exists to suggest that these reforms respond to the pathologies of the UK economy. Instead, the Northern Powerhouse discourse serves to disguise the implementation of a tax and investment settlement which regressively concentrates taxation revenue in the more affluent parts of the country. These reforms though are a political expression of a certain understanding of wealth creation which privileges low tax taxation, inter-territorial competition to promote it and a belief in the major UK cities to drive the economic recovery. It is a strategy likely to produce very uneven geographies of growth which will exacerbate uneven development; ironically so given the ‘Northern Powerhouse’ rhetoric through which it was reasoned.


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