Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they
are still unable to tell us what capital is. Liberals and Marxists both think of capital as an …

This article proposes an institutional analysis of modern capitalist economies. It argues that
the institutional dimension is crucial if one wants to account for the coexistence of different …

January 2015 witnessed an important step towards further integration in Eurasia, with the
Eurasian Economic Union (EAEU) coming into operation. It comprises three members of the …

What are the cutting edge debates in global political economy? This book presents an
invaluable overview of all the major contemporary debates and approaches at the forefront …

The paper offers a new approach for analysing capitalist development and crisis, tying
together mergers and acquisitions, stagflation and globalization as integral facets of …

The Great Reset (GR) has been presented by the World Economic Forum (WEF) in response
to the COVID-19 pandemic in 2022 as a model through which a “stakeholder economy” …

International capital mobility is today a concern that breeds broader social uncertainty
because of unprecedented degrees of financial socialisation. Financial markets now attract …

Like many other developing countries in the past decade, Central European countries
pursued financial market reforms based on the assumption that foreign finance would boost …

According to the contemporary political economy literature on France, the country appears
caught in the worst of all possible worlds: it fails to create the conditions for economic growth …

Defining markets has never been an easy task. Despite their importance for economic theory
and practice, they are hard to pin down as a concept and economists have tended to adopt …