5. The Political Economy of the Future

1961 ◽  
pp. 173-202
Keyword(s):  
Political Economy ◽  
The Political ◽  
The Future

Many Happy Returns? Investment Governance and the Political Economy of Time in UK Pensions Provision

2021 ◽  
pp. 209-246
Author(s):  
Craig Berry
Keyword(s):  
Political Economy ◽  
Financial Institutions ◽  
Capital Investment ◽  
Pension Funds ◽  
The Political ◽  
Private Pensions ◽  
Pension Schemes ◽  
The Future ◽  
The Uk

We are increasingly conscious that private pension schemes in the UK are primarily financial institutions. UK private pensions provision has always been highly financialized, but the individualization of provision means this dynamic matters more than ever to retirement incomes. Furthermore, individualization has occurred at a time when the UK economy’s capacity to support a long-term approach to capital investment, upon which pensions depend, has declined. The chapter argues that pensions provision essentially involves managing the failure of the future to resemble the present, or more specifically present forecasts of the future. As our ability to manipulate the value of the future has increased, our ability to tolerate forecast failure has declined. The chapter details how pension funds invest, and how this has changed, and provides an original understanding of several recent attempts to shape pensions investment, ultimately demonstrating the limitations of pensions policy in shaping how provision functions in practice.

scholarly journals The Political Economy of Brexit and the Future of British Capitalism Second Symposium

2018 ◽  
Vol 24 (3) ◽  
pp. 404-407
Author(s):  
Charlie Dannreuther ◽  
Scott Lavery ◽  
Lucia Quaglia
Keyword(s):  
Political Economy ◽  
The Political ◽  
The Future

European Integration

2009 ◽  
Author(s):  
Barry Eichengreen
Keyword(s):  
Political Economy ◽  
European Integration ◽  
Academic Work ◽  
The Political ◽  
Three Generations ◽  
Ergodic Processes ◽  
The Future

This article discusses European integration and its various conceptions of the political economy in terms of three generations of academic work. The normalization of European integration studies is discussed in the second section of the article, this is followed by models of non-ergodic processes. The article ends by trying to determine the future of this field.

The Future of Analytical Politics

2009 ◽  
Author(s):  
Melvin J. Hinich
Keyword(s):  
Political Economy ◽  
Research Agenda ◽  
Common Knowledge ◽  
Electoral Politics ◽  
The Political ◽  
Linear Dynamics ◽  
Non Linear ◽  
The Future ◽  
Economical System ◽  
Political Choices

This article focuses on serious problems regarding the recent research agenda in political economy that are likely to continue in the future. The first problem discussed is the multidimensional political choices, followed by the lack of equilibrium in political games. This is followed by the lack of common knowledge and the complex non-linear dynamics of the political/economical system. The discussion presented in this article is within the context of electoral politics.

Crisis? What Crisis? EU Enlargement and the Political Economy of European Union Social Policy

2005 ◽  
Vol 4 (2) ◽  
pp. 207-215 ◽  
Author(s):  
Rob Sykes
Keyword(s):  
European Union ◽  
Political Economy ◽  
Social Policy ◽  
Turning Point ◽  
Eu Enlargement ◽  
The Political ◽  
Social Strategies ◽  
The Future ◽  
The Eu

This article considers the character of EU social policy and in particular the linkages between the EU's economic and social strategies. Arguably, the most recent enlargement of the EU represents a turning point for the future of EU social policy, though there is disagreement about its future if not so much about the causes of this crisis. The article concludes that the future political economy of EU social policy and indeed of the EU itself may be subject to fundamental changes.

Settler State, Guerrilla War and Rural Underdevelopment in Rhodesia

1979 ◽  
Vol 9 (1-2) ◽  
pp. 56-62
Author(s):  
Michael Bratton
Keyword(s):  
Political Economy ◽  
Community Development ◽  
Rural Development ◽  
International Relations ◽  
The Political ◽  
Colonial State ◽  
Guerrilla War ◽  
The Future

[The designation “Rhodesia” is used to distinguish the colonial state, with which this article is concerned, from the future decolonized “Zimbabwe”. Readers interested in a less theoretical but more closely documented version of the arguments presented in this paper, plus analysis of the options and prospects for the administration of rural development in Zimbabwe, are referred to Beyond Community Development: The Political Economy of Rural Administration in Zimbabwe (London, Catholic Institute for International Relations, 1978, 64 pp.) by the same author.]

Introduction

Mapping Power ◽  
2018 ◽  
pp. 1-27
Author(s):  
Sunila S. Kale ◽  
Navroz K. Dubash ◽  
Ranjit Bharvirkar
Keyword(s):  
Political Economy ◽  
State Level ◽  
The State ◽  
The Political ◽  
Analytic Framework ◽  
The Past ◽  
The Future ◽  
Political Economy Analysis ◽  
Economy Analysis

The introductory chapter lays out the rationale for the volume and provides a framework for analysing the political economy of Indian electricity. We first present a historically-rooted political economy analysis to understand the past and identify reforms for the future of electricity in India. We next outline an analytic framework to guide the empirical chapters of the book, which locates electricity outcomes in the larger political economy of electricity, the field of politics that are specific to each state, and each state’s broader political economy. The chapter ends by providing concise synopses of the state-level narratives of electricity in the fifteen states included in the volume.

scholarly journals The Political Economy of Debt and Entitlements

2020 ◽  
Vol 87 (6) ◽  
pp. 2568-2599 ◽  
Author(s):  
Laurent Bouton ◽  
Alessandro Lizzeri ◽  
Nicola Persico
Keyword(s):  
Political Economy ◽  
Capital Market ◽  
Economic Model ◽  
Fiscal Rules ◽  
Market Frictions ◽  
The Political ◽  
Allocation Of Resources ◽  
The Future ◽  
Political Economic

Abstract This article presents a dynamic political-economic model of total government obligations. Its focus is on the interplay between debt and entitlements. In our model, both are tools by which temporarily powerful groups can extract resources from groups that will be powerful in the future: debt transfers resources across periods; entitlements directly target the future allocation of resources. We prove the following results. First, the presence of endogenous entitlements dampens the incentives of politically powerful groups to accumulate debt, but it leads to an increase in total government obligations. Second, fiscal rules can have perverse effects: if entitlements are unconstrained, and there are capital market frictions, debt limits lead to an increase in total government obligations and to worse outcomes for all groups. Analogous results hold for entitlement limits. Third, our model sheds some lights on the influence of capital market frictions on the incentives of governments to adopt fiscal rules, and implement entitlement programs. Finally, we identify preference polarization as a possible explanation for the joint growth of debt and entitlements.

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