Economic Policies since the Global Financial Crisis

1. Front Matter

   Pages i-xx

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2. Monetary Policy Since the Global Financial Crisis

   • Philip Arestis

   Pages 1-39

3. Lessons on Fiscal Policy After the Global Financial Crisis

   • Malcolm Sawyer

   Pages 41-84

4. Inequality and the Need for Relevant Policies

   • Ahmad Seyf

   Pages 85-125

5. Financialisation and Distribution Before and After the Crisis: Patterns for Six OECD Countries

   • Eckhard Hein, Petra Dünhaupt, Ayoze Alfageme, Marta Kulesza

   Pages 127-172

6. Investment, Unemployment and the Cyber Revolution

   • Michelle Baddeley

   Pages 173-220

7. Back to the Future? UK Industrial Policy After the Great Financial Crisis

   • David Bailey, Philip R. Tomlinson

   Pages 221-263

8. The Global Financial Crisis and the Labour Markets in Europe: Do Labour Institutions Matter?

   • Jesús Ferreiro, Carmen Gómez

   Pages 265-311

9. The Tightening Links Between Financial Systems and the Low-Carbon Transition

   • Emanuele Campiglio, Antoine Godin, Eric Kemp-Benedict, Sini Matikainen

   Pages 313-356

10. Back Matter

    Pages 357-364

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This book investigates the changing nature of economic policies following the Global Financial Crisis of 2007–9. Well-respected, international scholars come together to discuss the level of economic growth following the crisis, concerns over inequality in industrialised countries, and labour market policies.

• Financial crisis
• Fiscal policy
• Financial sector regulation
• Monetary policy
• Labour markets
• Wages
• Environmental policies
• Economic growth
• financial crises
• banking

• University of Cambridge, Cambridge, United Kingdom

  Philip Arestis

• University of Leeds, Leeds, United Kingdom

  Malcolm Sawyer

Philip Arestis is Professor and Director of Research at the Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK, and Professor at the Department of Applied Economics, University of the Basque Country, Spain. He is also Distinguished Adjunct Professor of Economics at the University of Utah, USA, and Research Associate at the Levy Economics Institute, USA. He previously served as Chief Academic (External) Adviser to the UK Government Economic Service (GES) on Professional Development in Economics. He is holder of the Queen Victoria Eugenia award of the British Hispanic Chair of Doctoral Studies, and was awarded homage by the Brazilian Keynesian Association (AKB) for his contribution to the spread of Keynesianism in Brazil. He has published a number of books and papers in academic journals.


Malcolm Sawyer is Emeritus Professor of Economics at Leeds University Business School, University of Leeds, UK. Heis the principal investigator for the five-year, 15-partner project Financialisation, Economy, Society and Sustainable Development (www.fessud.eu) funded by the European Commission Framework Programme 7. He is Managing Editor of the International Review of Applied Economics, on the editorial board of a range of journals, and editor of the New Directions in Modern Economics series. He has published widely in the areas of post-Keynesian and Kaleckian economics, financialisation, fiscal policy, money, industrial economics, and on UK and European economies.

Policies and ethics