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James Robinson gives in this talk a short introduction into the theory and ideas of his popular book "Why Nations Fail" which was published together with D. Acemoglu in 2012. With many real-life examples he gives a lively description on the fundamentals for economic success from an institutionalist view. According to Robinson, the nature of institutions is a crucial factor for economic success. Whether institutions are inclusive (such as in prosperous economies) or extractive (poor economies) stems from the nation's political process and the distribution of political power.
This is a hands on four chapter course to learn how to better understand and act when faced with complex situations By the end of the course students will be able to take a story from the news describe what makes the situation complex and identify opportunities for effective action …
The article by the European Council of Foreign Relations argues that Europe s economic actions in response to the Russian invasion into Urkaine have been decisive different from the EU s external image but that this response should yet be better institutionalized The author Hackenbroich proposes an Anti Coercion Instrument …
The second edition of International Political Economy continues to be the perfect short introduction to the fundamental theories and issues of international political economy (IPE).
How do Airbnb and short-term rentals affect housing and communities? Locating the origins and success of Airbnb in the conditions wrought by the 2008 financial crisis, the authors bring together a diverse body of literature and construct case studies of cities in the US, Australia and Germany to examine the struggles of local authorities to protect their housing and neighborhoods from the increasing professionalization and commercialization of Airbnb.
The investigative research conducted by the German weekly newspaper "Die Zeit" and the British Daily Newspaper "The Guardian" includes a research-based critique of carbon trading.
"Stabilise, liberalise and privatise" has, since the debt crisis of the early 1980s, been the mantra chanted at developing countries by international financial institutions, donor countries and newspaper columnists with quasi-religious conviction.
Croatia adopted the euro as its currency on 1 January 2023, becoming the 20th member state of the eurozone. In this teaching pack, students learn what it entails to join the eurozone and discuss what its effects might be. In this way, the case helps students connect theoretical insights about monetary unions with real world knowledge and economic developments in the news.
This Blog Post describes the U.S. federal reserve money system from the perspective of the Modern Monetary Theory (MMT). Therefore it presents a theory of money creation, gives simple examples how this influences the economy and the historical process of why the monetary system of the US has developed this way.
The British historian, Adam Tooze, highlights how the climate crisis is not just an environmental or ecological problem but also a political economy challenge.
Asset Management firms control large parts of the global economy Just the three American asset management firms BlackRock Vanguard and State Street manage more than half of the combined value of all shares for companies in the S P 500 Their combined managed assets amount to 22 trillion May 2022 …
In this teaching pack, we look at the acquisition of Twitter by Elon Musk. In particular, we focus on what it means to take a company private and how the deal was financed.
From religious leaders to heads of state, everyone is talking about economic inequality. What form can such inequality take in different countries? What impact does it have on society? And why should it matter to you?
The Anthropology of Development and Globalization is a collection of readings that provides an unprecedented overview of this field that ranges from the field?s classical origins to today?s debates about the ?magic? of the free market.
In this teaching pack, we look at the acquisition of Twitter by Elon Musk. In particular, we focus on what it means to take a company private and how the deal was financed.
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