Podcasts about soas economics podcast

Rebecca Riley (Centre of Excellence, NIESR) XVI IDP Lecture – Organised by SOAS Economics Research Cluster on Industrial Development and Policy. Many advanced economies have seen a slowdown in productivity growth since the middle of the 2000s. In the UK this slowdown has been particularly stark. A decade on from the global financial crisis UK productivity levels are little different to what they were at their peak in 2007. In this paper we use new data to provide a detailed account of the weakness of UK productivity, documenting patterns across industry sectors and across the sources of growth. Productivity weakness has been pervasive across many UK industries. But, as we move further away from the crisis, the slowdown in aggregate productivity growth is increasingly apparent in particular pockets of the economy. We also discuss the likely implications of measurement error for the interpretation of our findings. Rebecca Riley is director of the Economic Statistics Centre of Excellence (ESCoE) at the National Institute of Economic and Social Research. The lecture is followed by a roundtable discussion chaired by Antonio Andreoni (SOAS) with Lord David Sainsbury, Ciaran Driver (SOAS) and Mike Gregory (Cambridge). Event Date: 24 January 2018 Released by: SOAS Economics Podcast

Julia Steinberger (University of Leeds) and Elena Hofferberth (University of Leeds) In this talk, we first cover the (physical) science basis and the case for a climate emergency. Depending on the economic interpretation of the causal dynamics connecting fossil fuels and the economy, entirely different proposals for tackling climate breakdown are put forward. We will discuss green growth reformist proposals and contrast them with radical degrowth ones. We summarise the empirical evidence on either side of this debate. We explore the implications of current Green New Deal and Just Transition proposals. We end by encouraging a debate on the topic of which economic science is needed for our planetary future. Speakers: Julia Steinberger (University of Leeds) and Elena Hofferberth (University of Leeds), Elisa Van Waeyenberge (SOAS) Published by: SOAS Economics Podcast

Signe Krogstrup (Danmarks Nationalbank), Heron Belfon (Jubilee Caribbean), Irene Monasterolo (Vienna University of Economics and Business), Paolo Mauro (IMF), Ulrich Volz (SOAS Centre for Sustainable Finance). The SOAS Centre for Sustainable Finance and the Bretton Woods Project host a discussion at the International Monetary Fund (IMF) as part of the World Bank Group and IMF Annual Meetings’ Civil Society Policy Forum. This session will explore the IMF’s work on climate since it was identified by the Fund as an ‘emerging issue’ in 2015, including looking at what steps the Fund has taken thus far in the areas of research and policy. The panel will also discuss the Fund’s role with respect to the looming climate crisis, focusing on the already-existing impact of climate change on climate vulnerable countries’ debt profiles, as well as the threat to global macroeconomic stability presented by undisclosed climate risks. Panellists included Signe Krogstrup, the Assistant Governor and Head of Economics and Monetary Policy at Danmarks Nationalbank, the Danish central bank; Heron Belfon, the Director of Jubilee Caribbean; Irene Monasterolo, Assistant Professor of Climate Economics and Finance at Vienna University of Economics and Business; and Paolo Mauro, the Deputy Director of the IMF’s Fiscal Affairs Department. The discussion was chaired by Ulrich Volz, the Founding Director of the SOAS Centre for Sustainable Finance. Speakers: Signe Krogstrup (Danmarks Nationalbank), Heron Belfon (Jubilee Caribbean), Irene Monasterolo (Vienna University of Economics and Business), Paolo Mauro (IMF), Ulrich Volz (SOAS Centre for Sustainable Finance). Organiser: Centre for Sustainable Finance, Brettonwoods Project Released by: SOAS Economics Podcast

Michael Roberts (Author of The Long Depression and Marx 200), Heiko Khoo (KCL) and Jonathan Clyne (SOAS) We would like to apologise for the very mixed audio quality of this episode. This is the third episode of a 3 part series of training workshop podcasts on “The Political Economy of China’s Transformation”. Workshop Session 2: China and the Crisis of Capitalism Chair: Michael Roberts First Speaker: Jonathan Clyne (SOAS) Second Speaker: Heiko Khoo This half-day workshop, jointly hosted by IIPPE Political Economy of China’s Development Working Group, SOAS Economics Department and Development Studies Department, aimed at bringing progressive scholars and students together to discuss China’s economic transformation and its impact on world development in relation to neoliberalism, capitalism and imperialism. Prior to the workshop, there was an open forum for productive dialogue between a delegation of Marxist scholars from China and the workshop participants, on the state of intellectual Marxism in China. Speakers: Michael Roberts (Author of The Long Depression and Marx 200), Heiko Khoo (KCL), Jonathan Clyne (SOAS) Event Date: 5 June 2018 Released by: SOAS Economics Podcast and IIPPE Podcast

Jonathan Clyne (SOAS) After 40 years of "transition" and no end in sight, it's time to analyse China's economy as a system in its own right. It's a system driven by the conflict between the private market sector and a dominant state-owned planned sector. Jonathan Clyne is a PhD Candidate at the SOAS Department of Economics and is working on ‘The relationship between plan and market in Chinese industry since 1978, and its role in growth’. This half-day workshop, jointly hosted by IIPPE Political Economy of China’s Development Working Group, SOAS Economics Department and Development Studies Department, aimed at bringing progressive scholars and students together to discuss China’s economic transformation and its impact on world development in relation to neoliberalism, capitalism and imperialism. Prior to the workshop, there was an open forum for productive dialogue between a delegation of Marxist scholars from China and the workshop participants, on the state of intellectual Marxism in China. Speakers: Jonathan Clyne (SOAS) Event Date: 5 June 2018 Released by: SOAS Economics Podcast and IIPPE Podcast

Dic Lo (SOAS), Sam-Kee Cheng (SOAS), Heiko Khoo (KCL) We would like to apologise for the very mixed audio quality of this episode. This is the second episode of a 3 part series of training workshop podcasts on “The Political Economy of China’s Transformation”. Workshop Session 1: China and Neoliberalism Chair: Sam-Kee Cheng (SOAS) Speaker: Dic Lo Discussant: Heiko Khoo (KCL) This half-day workshop, jointly hosted by IIPPE Political Economy of China’s Development Working Group, SOAS Economics Department and Development Studies Department, aimed at bringing progressive scholars and students together to discuss China’s economic transformation and its impact on world development in relation to neoliberalism, capitalism and imperialism. Prior to the workshop, there was an open forum for productive dialogue between a delegation of Marxist scholars from China and the workshop participants, on the state of intellectual Marxism in China. Speakers: Dic Lo (SOAS), Sam-Kee Cheng (SOAS), Heiko Khoo (KCL) Event Date: 5 June 2018 Released by: SOAS Economics Podcast and IIPPE Podcast

Jayati Ghosh (Jawaharlal Nehru University) Prof. Jayati Ghosh is one of the world's leading economists. She is professor of economics at Jawaharlal Nehru university, New Delhi, and the executive secretary of International Development Economics Associates (Ideas). She is a regular columnist for several Indian journals and newspapers, a member of the National Knowledge Commission advising the prime minister of India, and is closely involved with a range of progressive organisations and social movements. She is co-recipient of the International Labour Organisation's 2010 Decent Work Research prize. This event was organised by the GCRF Network on Female Employment and Dynamics of Gender Inequality in the Middle East, North Africa and South Asia. Researchers at SOAS are leading a Global Challenges Research Fund (GCRF) that is intended on identifying innovative disciplinary and inter-disciplinary research agendas on female labour and dynamics of inequality in developing countries. This talk is part of a series of seminars organised by the network. Speakers: Jayati Ghosh (Jawaharlal Nehru University), Massoud Karshenas (SOAS) Event Date: 13 June 2018 Released by: SOAS Economics Podcast

Dic Lo (SOAS), Michael Roberts (independent scholar), Lü Weizhou (CASS), Sun Bangzhu (Peking University), Wang Tingyou (Renmin University of China), Huang Xiaowu (CBTC), and Andong Zhu (Tsinghua University). This is the first episode of a 3 part series of training workshop podcasts on “The Political Economy of China’s Transformation”. Dialogue with Chinese Marxist Scholars: Chinese Marxism in an Era of Global Political-Economic Upheavals Chair: Dic Lo Chinese Speaker: Andong Zhu (Tsinghua University) UK Speaker: Michael Roberts (author of The Long Depression and Marx 200) This half-day workshop, jointly hosted by IIPPE Political Economy of China’s Development Working Group, SOAS Economics Department and Development Studies Department, aimed at bringing progressive scholars and students together to discuss China’s economic transformation and its impact on world development in relation to neoliberalism, capitalism and imperialism. Prior to the workshop, there was an open forum for productive dialogue between a delegation of Marxist scholars from China and the workshop participants, on the state of intellectual Marxism in China. This episode features: 1.) Introduction by Dic Lo (SOAS) 2.) Dialogue with Chinese Marxist Scholars, Chair: Dic Lo, UK speaker: Michael Roberts (independent scholar), Chinese speakers from the Chinese delegation: Lü Weizhou (CASS), Sun Bangzhu (Peking University), Wang Tingyou (Renmin University of China), Huang Xiaowu (CBTC), and Andong Zhu (Tsinghua University). Speakers: Dic Lo (SOAS), Michael Roberts (independent scholar), Lü Weizhou (CASS), Sun Bangzhu (Peking University), Wang Tingyou (Renmin University of China), Huang Xiaowu (CBTC), and Andong Zhu (Tsinghua University). Event Date: 5 June 2018 Released by: SOAS Economics Podcast and IIPPE Podcast

Dic Lo (SOAS), Michael Roberts (Independent Scholar), Lü Weizhou (CASS), Sun Bangzhu (Peking University), Wang Tingyou (Renmin University of China), Huang Xiaowu (CBTC), and Andong Zhu (Tsinghua University). This half-day workshop, jointly hosted by IIPPE Political Economy of China’s Development Working Group, SOAS Economics Department and Development Studies Department, aimed at bringing progressive scholars and students together to discuss China’s economic transformation and its impact on world development in relation to neoliberalism, capitalism and imperialism. Prior to the workshop, there was an open forum for productive dialogue between a delegation of Marxist scholars from China and the workshop participants, on the state of intellectual Marxism in China. This episode features: 1.) Introduction by Dic Lo (SOAS) 2.) Dialogue with Chinese Marxist Scholars, Chair: Dic Lo, UK speaker: Michael Roberts (Independent Scholar), Chinese speakers from the Chinese delegation: Lü Weizhou (CASS), Sun Bangzhu (Peking University), Wang Tingyou (Renmin University of China), Huang Xiaowu (CBTC), and Andong Zhu (Tsinghua University). Speakers: Dic Lo (SOAS), Michael Roberts (Independent Scholar), Lü Weizhou (CASS), Sun Bangzhu (Peking University), Wang Tingyou (Renmin University of China), Huang Xiaowu (CBTC), and Andong Zhu (Tsinghua University). Event Date: 5 June 2018 Released by: SOAS Economics Podcast and IIPPE Podcast

Paulo dos Santos (New School for Social Research) This paper identifies a general class of economic processes capable of generating the first-moment constraints implicit in the observed cross-sectional distributions of a number of economic variables: processes of social scaling. Across a variety of settings, the outcomes of economic competition reflect the normalization of individual values of certain economic quantities by average or social measures of themselves. The resulting socioreferential processes establish systematic interdependences among individual values of important economic variables, which under certain conditions take the form of emergent first-moment constraints on their distributions. The paper postulates a principle describing this systemic regulation of socially scaled variables and illustrates its empirical purchase by showing how capital- and labor-market competition can give rise to patterns of social scaling that help account for the observed distributions of Tobin’s q and wage income. The paper’s discussion embodies a distinctive approach to understanding and investigating empirically the relationship between individual agency and structural determinations in complex economic systems and motivates the development of observational foundations for aggregative, macrolevel economic analysis. Speaker biography: Paulo dos Santos is Assistant Professor of Economics at the New School for Social Research. His research program involves Classical Political Economy; Banking and Monetary Theory; and the role of Finance in Economic Development. Much of his current work inquires into the distinctive social and macroeconomic content of contemporary financial practices and relations. He is also interested in methodological issues in economic analysis, including the appropriate use and interpretation of mathematical formalisms. Speakers: Gregor Semieniuk (SOAS), Paulo dos Santos (New School for Social Research) Event Date: 24 May 2018 Released by: SOAS Economics Podcast

Hannah Bargawi (SOAS) This podcast is a recording of the Second SOAS Economics Alumni Lecture on "What's Holding Back Gender Equality in the Labour Market in the Middle East and North Africa?" The Sustainable Development Goals (SDGs) have placed gender equality firmly on the international development agenda. SDG 8 aims to achieve, by 2030, full and productive employment and decent work for all women and men, and equal pay for work of equal value. One region that persistently under-performs in this regard, is the Middle East and North Africa (MENA), where women's economic participation remains highly unequal when compared to men and to other regions. This talk will expose the extent of the gender gap in labour markets in the MENA region and discuss the potential reasons and solutions for this phenomenon. This research is linked to a ESRC Global Challenges Research Fund funded network of researchers that are investigating the Dynamics of Gender Inequality in the Middle East, North Africa and South Asia. Speaker biography: Dr. Bargawi is Senior Lecturer in Economics at SOAS University of London. She teaches courses in Gender Economics and in Development Economics and is herself an alumnus of SOAS, having completed her Masters and PhD at SOAS. Her recent research focuses on issues of gender and work in the Middle East and in Europe. She is a co-Investigator on the GCRF/ESRC Strategic Network entitled Dynamics of Gender Inequality in the Middle East, North Africa and South Asia (GCRF, 2017-2018) and recently co-edited a volume entitled Economics and Austerity in Europe: Gendered Impacts and Sustainable Alternatives, published by Routledge. Dr. Bargawi also works on East Africa where her research interests span gender, employment, macroeconomic policies and agriculture. Together with Dr. Elisa Van Waeyenberge, she recently completed an Employment Diagnostic Assessment for the International Labour Organisation and the Ministry of Gender, Labour and Social Development in Uganda. Speakers: Baroness Valerie Amos CH. (SOAS Director), Hannah Bargawi (SOAS) Event Date: 27 March 2018 Released by: SOAS Economics Podcast

Steven Payson (Author of How Economics Professors Can Stop Failing Us: The Discipline at a Crossroads) In this talk, Dr. Payson examines the incentive system that economics professors face in their work, and how that incentive system needs to improve in order to ensure the profession’s success overall, including its consideration and adoption of pluralism. Success in this regard refers to the contribution of discourse that is valuable to society, by advancing useful knowledge and providing the background for effective policies. His talk focuses on the differences between the scientific pursuit of knowledge and the competitive “publication game” that academic economists are compelled to play in order to advance their careers. The talk is based on Payson’s new book: How Economics Professors Can Stop Failing Us. Speaker biography: Steven Payson has 34 years of professional experience in economics, having worked as an economic consultant for over three years, as an associate at the Inter-American Development Bank, and, for the past 26 years, as a United States government economist. In the United States government Dr. Payson has worked at the National Science Foundation and the Departments of Agriculture, Commerce, and Interior. In the U.S. Commerce Department, Dr. Payson served as Chief of the Special Studies Branch, and then Chief of Research, in the Government Division of the Bureau of Economic Analysis. In the past seven years he has been a senior economic advisor in the Department of the Interior. For work he has performed in the U.S. government, Dr. Payson received a Bronze Award from the Bureau of Economic Analysis, and a Gold Award from the Department of the Interior. Find more information on our event page: https://www.soas.ac.uk/economics/events/27mar2018-economic-education-adverse-incentives-and-pluralism.html Speakers: Steven Payson (Author of How Economics Professors Can Stop Failing Us: The Discipline at a Crossroads), Ioana Negru (SOAS) Event Date: 27 March 2018 Released by: SOAS Economics Podcast

Jan Toporowski (SOAS), Geoffrey C. Harcourt (Cambridge), Victoria Chick (UCL), Jerzy Osiatynski (Polish Academy of Sciences & National Bank of Poland) Launch of Jan Toporowski’s book “Michal Kalecki: An Intellectual Biography, Volume II: By Intellect Alone 1939–1970” “This volume of intellectual biography records the work of Michał Kalecki’s maturity: his work on monetary economics and the theory of profits; his work on the problems of socialism and developing countries; and the extension of his theory of capitalism to define his work in relation to Keynes and previous political economic principles. Kalecki had, by 1939, laid out the essential elements of his theory of the business cycle in capitalism. This book begins at Oxford where, at the Institute of Statistics, he worked on the economic planning and financing of World War Two, as well as extending and detailing the particulars of his theory and examining the conditions for full employment in the post-War international monetary and financial system. Kalecki would then work for the United Nations on full employment, inflation, and developing countries. He departed from the United Nations in 1955, and returned to Poland to extend two new directions of his ideas – on the economics of developing countries and his theory of growth in the socialist economy, alongside further work on business cycles. This book is essential reading for all those who want to understand Kalecki’s lasting contribution to economic theory and policy.” Source: http://www.springer.com/gb/book/9783319696638 Speaker biography: Jan Toporowski is Professor of Economics and Finance at the School of Oriental and African Studies, University of London, UK, Visiting Professor of Economics and Finance at the International University College, Turin, Italy, and Visiting Professor of Economics at the University of Bergamo, Italy. He has worked in fund management, international banking, central banking and financial and economic consultancy. He has published extensively on monetary and financial theory and policy and the history of economic thought. The first volume of this intellectual biography, Michał Kalecki: An Intellectual Biography – Volume I: Rendez-vous in Cambridge 1899–1939, was published in 2013. Speakers: Jan Toporowski (SOAS), Geoffrey C. Harcourt (Cambridge), Victoria Chick (UCL), Jerzy Osiatynski (Polish Academy of Sciences & National Bank of Poland) Event Date: 21 March 2018 Released by: SOAS Economics Podcast

Bronwyn Hall (Professor of Economics Emerita University of California at Berkeley). (Lecture 2) The Penrose Lectures were established in memory of Professor Edith Penrose who made an outstanding contribution to social science. Her work on innovation, international corporations, the theory of the firm, organisation and economic development have left a lasting legacy on the disciplines of economics and management. Penrose was also an inspirational teacher of students at all levels - undergraduate, postgraduate, PhD, MBA - and a major contributor to important public policy issues and debates. In keeping with her legacy, the Penrose Lectures have been established to honour her contribution. The lectures are held each year on a subject in economics, management or political economy. Edith Penrose was appointed to a Chair in Economics at SOAS in 1964 having previously held a joint Readership in Economics at LSE and SOAS. After retiring from SOAS in 1978 she was appointed Professor of Political Economy at INSEAD, Paris. As well as being a pioneer in the disciplines of economics and management, Penrose was also the rst woman to hold a professorial position in economics at SOAS. In recognition of her work and legacy, the Penrose Lectures provide a platform for outstanding scholars to communicate their research work to faculty, students, practitioners and the wider public. Speaker biography: Bronwyn Hall is Professor of Economics Emerita at the University of California at Berkeley, Visiting Professor at MPI-Munich, a Research Associate at the NBER and IFS-London, and a Visiting Fellow at NIESR, London. She has published numerous articles on the economics and econometrics of technical change and innovation and is the editor of the Handbook of the Economics of Innovation in the Elsevier series. Her research includes comparative analysis of the U.S. and European patent systems, the use of patent citation data for the valuation of intangible (knowledge) assets, comparative firm level R&D investment and innovation studies, measuring the returns to R&D and innovation, and analysis of technology policies such as R&D subsidies and tax incentives. She has made substantial contributions to applied economic research via the creation of software for econometric estimation and of rm level datasets for the study of innovation, including the widely used NBER dataset for U.S. patents. Speakers: Bronwyn Hall (Professor of Economics Emerita University of California at Berkeley) Organiser: Penrose Committee Event Date: 15 March 2018 Released by: SOAS Economics Podcast

Bronwyn Hall (Professor of Economics Emerita University of California at Berkeley). (Lecture 1). The Penrose Lectures were established in memory of Professor Edith Penrose who made an outstanding contribution to social science. Her work on innovation, international corporations, the theory of the firm, organisation and economic development have left a lasting legacy on the disciplines of economics and management. Penrose was also an inspirational teacher of students at all levels - undergraduate, postgraduate, PhD, MBA - and a major contributor to important public policy issues and debates. In keeping with her legacy, the Penrose Lectures have been established to honour her contribution. The lectures are held each year on a subject in economics, management or political economy. Edith Penrose was appointed to a Chair in Economics at SOAS in 1964 having previously held a joint Readership in Economics at LSE and SOAS. After retiring from SOAS in 1978 she was appointed Professor of Political Economy at INSEAD, Paris. As well as being a pioneer in the disciplines of economics and management, Penrose was also the rst woman to hold a professorial position in economics at SOAS. In recognition of her work and legacy, the Penrose Lectures provide a platform for outstanding scholars to communicate their research work to faculty, students, practitioners and the wider public. Speaker biography: Bronwyn Hall is Professor of Economics Emerita at the University of California at Berkeley, Visiting Professor at MPI-Munich, a Research Associate at the NBER and IFS-London, and a Visiting Fellow at NIESR, London. She has published numerous articles on the economics and econometrics of technical change and innovation and is the editor of the Handbook of the Economics of Innovation in the Elsevier series. Her research includes comparative analysis of the U.S. and European patent systems, the use of patent citation data for the valuation of intangible (knowledge) assets, comparative firm level R&D investment and innovation studies, measuring the returns to R&D and innovation, and analysis of technology policies such as R&D subsidies and tax incentives. She has made substantial contributions to applied economic research via the creation of software for econometric estimation and of rm level datasets for the study of innovation, including the widely used NBER dataset for U.S. patents. Speakers: Bronwyn Hall (Professor of Economics Emerita University of California at Berkeley) Organiser: Penrose Committee Event Date: 13 March 2018 Released by: SOAS Economics Podcast

Liliann Fischer (University of Kent), Ben Fine (SOAS), Alfredo Saad Filho (SOAS) Rethinking Economics takes action: The Open Economics Forum and SOAS Department of Economics will be hosting a book launch for the recently published reader "Rethinking Economics - An Introduction to Pluralist Economics". The book is among the very first to provide a concise overview of different schools of thought in economics. The book launch will feature one of the editors, Liliann Fischer (University of Kent), as well as Professors Ben Fine (Economics, SOAS) and Alfredo Saad Filho (Development Studies, SOAS) who contributed with a chapter on 'Marxist Economics'. Speaker biographies: Liliann Fischer has an International Relations background, recently graduating from her first Master’s degree in Global Conflict and Peace Processes at the University of Aberdeen and is now studying for a second degree in Political Psychology at the University of Kent, UK. Ben Fine is Professor of Economics at the SOAS Department of Economics. He is the author of a number of works in the broad tradition of Marxist economics, and has made contributions on economic imperialism and social capital. He took his doctorate in economics at the London School of Economics, under the supervision of Amartya Sen. Alfredo Saad Filho is a Professor of Political Economy at the SOAS Department of Development Studies. Alfredo has degrees in Economics from the Universities of Brasilia (Brazil) and London (SOAS). He has worked in universities and research institutions based in Brazil, Canada, Japan, Mozambique, Switzerland and the UK, and was a senior economic affairs officer at the United Nations Conference on Trade and Development (UNCTAD). His research interests include the political economy of development, industrial policy, neoliberalism, alternative economic policies, Latin American political and economic development, inflation and stabilisation, and the labour theory of value and its applications. Speakers: Liliann Fischer (University of Kent), Ben Fine (SOAS), Alfredo Saad Filho (SOAS) Organiser: Organised jointly with the Open Economics Forum. Event Date: 21 February 2018 Released by: SOAS Economics Podcast

IIPPE Training Workshop - Anglo-Saxon Capitalism since the Financial Crisis Simon Mohun (Queen Mary University of London) Part 2 (of 2) In this first of two sessions at the IIPPE Training Workshop on “Anglo-Saxon Capitalism since the Financial Crisis”, Trevor Evans discussed economic and financial developments in the United States. The International Initiative for Promoting Political Economy (IIPPE) held the Training Workshop on “Anglo-Saxon Capitalism since the Financial Crisis” at SOAS, London on 8 November 2017. Speaker Biography: After school in Leeds, Simon Mohun read Politics, Philosophy and Economics as an undergraduate at Balliol College, Oxford (1967-70). Following his BA, he remained at Balliol for the BPhil in Economics (1970-72). After a fixed term one year Lectureship in Economics at the University of Southampton (1972-3), he was appointed as Lecturer in Economics at Queen Mary in September 1973, where (apart from periods of leave) he remained. He gained his PhD from London University in 1990, and was promoted to Senior Lecturer in 1991. He spent the second half of the 1990s as Head of the Department of Economics. After a subsequent period of leave, in 2002 he transferred to the newly created Centre for Business Management, now the School of Business and Management at Queen Mary, where he was promoted to a chair in Political Economy in 2005. He retired from Queen Mary at the end of March 2011 to concentrate on his research, and was appointed Emeritus Professor of Political Economy. Speaker(s): Simon Mohun (Queen Mary University of London) Event Date: 8 November 2017 Released by: SOAS Economics Podcast

Jane Harrigan (SOAS), Nicholas Vagen-Weeks (SOAS) and David Keen (LSE) The dynamic inter-linkages between food security and conflict are increasingly being recognised as key issues in both conflict studies and work on food and nutrition security. Food and conflict have become intimately related in many conflict zones such as in current day Syria and Somalia and famine studies have long acknowledged the importance of war famine. Lack of food security and struggles over food-related natural resources such as land can be important sources and triggers of conflict whilst conflict itself usually worsens food and nutrition security. It does so in two ways. Firstly indirectly by threatening entitlements to food and increasing vulnerabilities, for example via the disruption of agricultural production and secondly, more directly when food is used as a weapon of war for example by withholding food or food aid from certain groups or plundering resources such as cattle and livestock. More recently, it has also been acknowledged that food issues are important in the transition from conflict and in rebuilding post-conflict societies and that this has to be approached from a political as well as a socio-economic perspective. This panel aims to draw together several papers on this topic making use of diverse country studies from both an academic and development practitioner perspective. This episode features Panel 4 of the Workshop on ‘Political Economy Approaches to Food Regimes.’ This one-day workshop, was organised by the SOAS University of London Food, Nutrition and Health in Development Research Custer and brought together topics in contemporary food regime studies examined from a political economy perspective. Topics included inequality and food security, the state and food sovereignty, food regimes and the politics of conflict and financialisation of food. Paper One: ‘Food Security in Palestine - The Effects of Occupation on Policy Space’ by Prof Jane Harrigan (SOAS University of London, UK) Paper Two: ‘The Political Economy of Food in the Syria Crisis’ by Nicholas Vagen-Weeks (SOAS University of London, UK) Paper Three: ‘Starving Them: Causes and Functions in Sudan, Syria and Yemen’ by Professor David Keen (LSE, UK) Organiser: SOAS University of London Food, Nutrition and Health in Development Research Custer Event Date: 19 January 2018 Released by: SOAS Economics Podcast

Hannah Bargawi (SOAS), Hassan Hakimian (SOAS), Susan Joekes (Independent Researcher) and Massoud Karshenas (SOAS) Researchers at SOAS are leading a Global Challenges Research Fund (GCRF) that is intended on identifying innovative disciplinary and inter-disciplinary research agendas on female labour and dynamics of inequality in developing countries. This seminar is an opportunity to find out more about the network, its activities and avenues for future research. This network is concerned with gender and dynamics of inequality in three world regions, with specific focus on (a) the interplay of economic structures, policies and institutions as the determinants of women’s access to employment and (b) the patterns of women’s economic participation as key drivers of inequality. Speaker biographies: Dr. Hannah Bargawi is co-Investigator of the Dynamics of Gender Inequality in the Middle East, North Africa and South Asia network. She is a Senior Lecturer in the Department of Economics at SOAS, University of London. Her recent research focuses on issues of gender and work in the Middle East and in Europe and she recently co-edited a volume entitled Economics and Austerity in Europe: Gendered Impacts and Sustainable Alternatives, published by Routledge. Dr. Hassan Hakimian is co-Investigator of the Dynamics of Gender Inequality in the Middle East, North Africa and South Asia network and is the director of the London Middle East Institute and Reader in the Economics Department at SOAS University of London. He was previously an Associate Dean at Cass Business School, London. His research focuses on MENA economies, specifically human resources and demographic change, labour markets, inclusive growth and the economics of Arab uprisings. Susan Joekes is an independent researcher with special interest in trade, industrial organization and the economics of gender relations in the Middle East and North Africa. She has degrees in Persian with Arabic from Edinburgh University and in development economics from Oxford University, UK. Before becoming affiliated with SOAS, as a member of ESRC GRCF research network, she was a Senior Visiting Fellow of the LSE Gender Institute, 2016-2017. She was for many years a Fellow of the Institute of Development Studies, Sussex, UK and also staff economist at the International Centre for Research on Women (ICRW), in Washington DC. Prof. Massoud Karshenas is the principal investigator of the Dynamics of Gender Inequality in the Middle East, North Africa and South Asia network and is Professor of Economics at SOAS, University of London. Event Date: 31 January 2018 Released by: SOAS Economics Podcast

Sébastien Lechevalier (EHESS) This paper analyses the revival of industrial policies from the late 2000 s in Japan and Korea and their limitations. The paper first adopts the perspective of historical institutionalism to focus on the relation between IPs and financial systems and study their evolution over the last 40 years. Second the paper mobilizes the concepts of institutional complementarities and hierarchy, and discusses the limits of this revival in a context of liberalized financial systems, to which government entities in charge of industrial policies have contributed. A major finding is that, in the context of financialization, past complementarities of the developmental state have weakened and contradictions have arisen. It has resulted in a restructuration of state capabilities to design and implement industrial policies, and to its inability to subordinate finance to its goals, despite the discourses and ambitions of governments. However, comparison between Japan and Korea also allows the identification of some significant differences in the initial institutional arrangements and in the process of institutional change, pertaining to sources of greater state capabilities in Korea than in Japan in the current period. This paper is one of the outcomes of INCAS, a Marie Skłodowska-Curie Actions R.I.S.E funded project under the European Commission’s H2020 Programme. Speaker biography: Sébastien Lechevalier is Professor at the EHESS (Paris), in charge of the chair "Asian capitalisms". He is also founding President of the Fondation France. Being an expert on the Japanese economy, he was previously a visiting researcher at the Maison Franco-Japonaise in Tokyo, Hitotsubashi University, the University of Tokyo, Waseda University and Kyoto University. His research interests includes institutional change, innovation and industrial economics, inequalities and welfare. Among his numerous publications, one may cite: The Great Diversity of Japanese Capitalism (Routledge, 2014), Lessons from the Japanese experience. Towards an alternative economic policy? (ENS Ulm, 2016, in French). His next book Innovation beyond technology: Science for society and interdisciplinary approaches is forthcoming in 2018 from Springer. Speakers: Sébastien Lechevalier (EHESS), Helen Macnaughtan (SOAS) Organiser: SOAS Japan Research Centre, SOAS Department of Economics and Japan Economy Network Event Date: 7 February 2018 Released by: SOAS Economics Podcast

Susan Newman (University of the West of England), Sophie van Huellen (SOAS), Joseph Baines (King's College London) and Tania Salerno (University of Amsterdam) Deregulation of commodity futures markets in the early 2000s precipitated a growing interest of financial investors in commodity derivative markets, including food. This ‘financialisation’ of commodity markets arguably fuelled price volatility and speculative bubbles. The link between financial markets and food prices has served as one of the main transmission channels of the financial meltdown in 2008 to world trade and the real economy, with severe consequences for food security and income for some of the world’s poorest. At the same time, liberalisation of domestic markets paired with soaring and volatile food and fuel prices over recent decades have fostered an increasing dominance of large corporations in agri-food sectors with implications for the distribution of income across stakeholders. This panel aims to draw together several papers that shed light on the complex and multitude of linkages between finance and food. This episode features Panel 3 of the Workshop on ‘Political Economy Approaches to Food Regimes.’ This one-day workshop, was organised by the SOAS University of London Food, Nutrition and Health in Development Research Custer and brought together topics in contemporary food regime studies examined from a political economy perspective. Topics included inequality and food security, the state and food sovereignty, food regimes and the politics of conflict and financialisation of food. Paper One: ‘Financialisation Along Agro-Food Chains - Towards an Analytical Framework’ by Dr Susan Newman (University of the West of England, UK) Paper Two: ‘How Financial Investment Distorts Food Prices: Evidence from US Grain Markets’ by Dr Sophie van Huellen (SOAS University of London, UK) Paper Three: ‘Profiting from Food Crisis? Farmers, Commodity Traders and the Distributional Dynamics of Financialization’ by Dr Joseph Baines (King's College London, UK) Paper Four: Cargill’s ‘Global Acquisition Agenda’: Increased Control Through Financialisation by Dr Tania Salerno (University of Amsterdam, Netherlands) Organiser: SOAS University of London Food, Nutrition and Health in Development Research Custer Event Date: 19 January 2018 Released by: SOAS Economics Podcast

Lorena Lombardozzi (Open University and SOAS), Merisa Thompson (University of Sheffield) and Mark Tilzey (Coventry University) The panel discusses the relations between Food Regimes and Food Sovereignty from three different lenses. In particular, speakers look at recent debate on economic sovereignty and the role of the state in addressing issues of food security, nutrition and power relations between actors within the food provision system. The first paper by Dr. Mark Tilzey (University of Coventry) analyses and discusses the assumptions and definitions of Friedman's food regime approach under a theoretical perspective. The second paper by Lorena Lombardozzi (panel convenor, Open University and SOAS) looks at the case of Uzbekistan to assess the role of the state in food self-sufficiency. The third paper by Dr Merisa Thompson (University of Sheffield) analyses the political discourse around food security and food sovereignty in the Anglophone Caribbean. This episode features Panel 2 of the Workshop on ‘Political Economy Approaches to Food Regimes.’ This one-day workshop, was organised by the SOAS University of London Food, Nutrition and Health in Development Research Custer and brought together topics in contemporary food regime studies examined from a political economy perspective. Topics included inequality and food security, the state and food sovereignty, food regimes and the politics of conflict and financialisation of food. Paper One: ‘Food Regimes, the State, and Food Sovereignty: Friedmann and McMichael Revisited ‘ by Dr Mark Tilzey (Coventry University, UK) Paper Two: ‘Perspective of wheat self-sufficiency policy: The case of post-Soviet Uzbekistan’ by Lorena Lombardozzi (Open University-SOAS, UK) and Nodir Djanibekov (IAMO, Germany) Paper Three: ‘Searching for (Food) Sovereignty in the Anglophone Caribbean’ by Dr Merisa Thompson (University of Sheffield, UK) Organiser: SOAS University of London Food, Nutrition and Health in Development Research Custer Event Date: 19 January 2018 Released by: SOAS Economics Podcast

Sara Stevano (University of the West of England) and Lotta Takala-Greenish (University of the West of England and University of Johannesburg) Diets are changing globally, as agricultural and food systems have become globalised and created new forms of food production, distribution, and trade. The nutritional implications are seen in rising obesity and non-communicable diseases alongside, particularly in the Global South, the persistence of food insecurity and undernutrition. However, the study of food and diet quality has not been well integrated within the functioning of agricultural and food regimes. Apart from a thin body of literature in the field of global public health and critical nutrition study, detailed explorations of the links between the quality of food, diet and health outcomes with the systems of food provisioning are lacking. This panel draws together studies that shed light on how the organisation of food production, distribution and trade shapes food quality and health narratives. This episode features Panel 1 of the Workshop on ‘Political Economy Approaches to Food Regimes.’ This one-day workshop, was organised by the SOAS University of London Food, Nutrition and Health in Development Research Custer and brought together topics in contemporary food regime studies examined from a political economy perspective. Topics included inequality and food security, the state and food sovereignty, food regimes and the politics of conflict and financialisation of food. Paper One: ‘Concentration of power in production: the missing link in developing soy agro-processing’ by Dr Lotta Takala-Greenish (University of the West of England, UK, and University of Johannesburg, South Africa) Paper two: ‘Food (Ine)Quality: Consumption of Packaged Foods and Nutrition Narratives’ by Dr Sara Stevano (University of the West of England, UK) Organiser: SOAS University of London Food, Nutrition and Health in Development Research Custer Event Date: 19 January 2018 Released by: SOAS Economics Podcast

Rebecca Riley (Centre of Excellence, NIESR) Many advanced economies have seen a slowdown in productivity growth since the middle of the 2000s. In the UK this slowdown has been particularly stark. A decade on from the global financial crisis UK productivity levels are little different to what they were at their peak in 2007. In this paper we use new data to provide a detailed account of the weakness of UK productivity, documenting patterns across industry sectors and across the sources of growth. Productivity weakness has been pervasive across many UK industries. But, as we move further away from the crisis, the slowdown in aggregate productivity growth is increasingly apparent in particular pockets of the economy. We also discuss the likely implications of measurement error for the interpretation of our findings. Rebecca Riley is director of the Economic Statistics Centre of Excellence (ESCoE) at the National Institute of Economic and Social Research. The lecture was followed by a roundtable discussion chaired by Antonio Andreoni (SOAS) with Lord David Sainsbury, Ciaran Driver (SOAS) and Mike Gregory (Cambridge). XVI IDP Lecture – Organised by SOAS Economics Research Cluster on Industrial Development and Policy. Event Date: 24 January 2018 Released by: SOAS Economics Podcast

Lorenzo Pellegrini (Erasmus University Rotterdam) To reduce the risk of catastrophic climate change a large share of existing fossil fuels reserves has to be kept underground. This basic fact can be challenged only by climate skeptics and technological optimists. The former are in denial of climate change and/or of its anthropogenic root, the latter believe in the massive development of (yet non-existent) capture and storage technologies within the next few decades. Notwithstanding the relatively uncontroversial nature of the fact that a large share of fossil fuel reserves are ‘unburnable’, little progress has been made to identify the specific reserves that should be left untapped and the way the costs of the policy should be met. This presentation is going to explore the methods to develop spatially-explicit and just proposals for specifying the reserves that need to be labelled unburnable and the way these proposals intersect and can contribute to global environmental justice. The presenter is Dr. Lorenzo Pellegrini, Associate Professor in Development Economics at the International Institute of Social Studies (ISS), Erasmus University of Rotterdam in the Netherlands. Event Date: 17 January 2018 Released by: SOAS Economics Podcast

Liz David-Barrett (University of Sussex) and Mihály Fazekas Due to technical problems, this episode only includes the first half of the presentation. We would like to apologise and direct interested listeners to the working paper on which the presentation was based: https://www.sussex.ac.uk/webteam/gateway/file.php?name=scsc-working-paper-no-1.pdf&site=405 Following scandals about corruption in foreign aid, and in a political climate that increasingly questions the legitimacy of development assistance, donors are under pressure to control how their funds are spent. At the same time, they also face pressure to trust recipient governments to disburse project funds themselves, so as to build capacity in developing countries. This paper assesses under which conditions donor regulations are successful in controlling corruption in aid spent by national governments through procurement tenders. By mining procurement contracts funded by the World Bank in 100+ countries over the period 1998-2008 for corruption “red flags”, we create a dataset that provides an unprecedentedly accurate picture of corruption risks in the spending of aid across the developing world. Through propensity score matching and regression analysis, we find that the 2003 World Bank regulatory reform aiming to control corruption was effective in reducing corruption risks: lowering single bidding on competitive markets by 3.8-4.3 percentage points. This effect is greater in countries with low state capacity. Speaker biography: Dr Liz David-Barrett is Deputy Director of the University of Sussex Centre for the Study of Corruption and Senior Lecturer in Politics. Her work focuses on the government-business interface, particularly on corruption risks arising from this relationship, including bribery, favouritism in procurement, lobbying and the revolving door. She also researches anti-corruption tools and is particularly interested in how international tools influence national politics. Dr Mihály Fazekas has been pioneering the use of ‘Big Data’ for social sciences research, especially for measuring and analysing corruption and administrative quality across Europe. He uses mixed research methods while working in interdisciplinary teams of IT specialists, practitioners, and social scientists in order to collect, structure, and clean large administrative datasets generated by governments. One of his primary areas of work is public procurement and high-level corruption. This event is organised by the Anti-Corruption Evidence Research Consortium (ACE) as part of the Economics Department seminar series held at SOAS. Visit our website programme for more information (www.ace.soas.ac.uk) Event Date: 10 January 2018 Released by: SOAS Economics Podcast

Angela Penrose, Yves Doz, Christopher Howe, Elizabeth Garnsey Angela Penrose, writer and journalist and daughter-in-law of Edith Penrose, will present 'No Ordinary Woman', the first biography of Edith Penrose, author of The Theory of the Growth of the Firm, a remarkable woman and distinguished scholar. Born in 1914, Edith Penrose spent much of her academic career as Professor of Economics at SOAS, having previously held a joint appointment at LSE and SOAS. As well as the theory of the firm, her research included the international patent system and innovation; multinational firms and foreign investment; oil companies and the economies of the Middle East; and economic development. In the week Angela Penrose was given The Theory of The Growth of the Firm to read as part of her PPE course at Oxford she met her future husband, Perran Penrose, the son of the author, Edith Penrose. She and Perran went on to teach in Libya, Ethiopia, Burundi, and Zambia where Angela also worked as a journalist. She has extensive experience of communicating in the printed and broadcast media and working directly with children and young people as a teacher and youth worker. She has worked with development and humanitarian organizations and was Director of Policy with Save The Children. This event is co-organised by the SOAS Department of Economics and the SOAS School of Finance and Management. Welcome: Valerie Amos CH, Director of SOAS Speakers: Angela Penrose, Yves Doz, Christopher Howe, Elizabeth Garnsey Event Date: 29 November 2017 Released by: SOAS Economics Podcast

Jane Harrigan (SOAS) In a lecture for undergraduate and master students studying African economies at SOAS University of London, Jane Harrigan addresses the question of what causes famines in Africa. She discusses definitions, the history of famines in Sub-Saharan Africa in comparison to other regions and takes a closer look at those who are affected and economic theories that offer explanations for the causes of famines. Speaker biography: Professor Harrigan has published extensively on the Middle East and North Africa, including three recent books co-authored books "Aid and Power in the Arab World", "Economic Liberalisation, Social Capital and Islamic Welfare Provision" and "Globalisation, Democratisation and Radicalisation in the Arab World". She has also worked extensively on food security issues in Eastern and Southern Africa. Speaker(s): Jane Harrigan (SOAS) Event Date: 13 November 2017 Released by: SOAS Economics Podcast

Ben Fine (SOAS) In our first anniversary episode, SOAS Economics Professor Ben Fine discusses why there is no discipline that is more ready for decolonising than economics. Speaker biography: Ben Fine is Professor of Economics at the SOAS University of London. He is the author of a number of works in the broad tradition of Marxist economics, and has made contributions on economic imperialism and social capital. He took his doctorate in economics at the London School of Economics, under the supervision of Amartya Sen. He was professor at Birkbeck University of London and the University of Cambridge. Speaker(s): Ben Fine (SOAS) Event Date: 17 March 2017 Released by: SOAS Economics Podcast

Slavo Radosevic (UCL) XV Industrial Development and Policy (IDP) Lecture Abstract: The EU Smart Specialization is probably currently the biggest experiment in the world in innovation/industrial policy. The talk will position EU smart specialization within the context of the six other newly emerged approaches to industrial and innovation policy. They all share the idea that the ultimate constraints to growth are unknown, and all try to address the issues related to the specialization choices, as well as the challenges of technology upgrading and innovation-based growth. Within this context, EU smart specialization is defined as the EU’s version of a new industrial innovation policy. The talk will also summarizes key policy messages based on the comparative assessment of the EU smart specialization including lessons for non-EU economies. Speaker biography: Slavo Radosevic is Professor of Industry and Innovation Studies at the UCL where he has also been acting director of School of Slavonic and East European Studies. He had worked at University of Sussex SPRU as a researcher (1993-1999) and before that as a researcher in Croatia. His main research interests are in science, technology, industrial change, foreign direct investments and innovation policy in Europe, with particular reference to central and eastern Europe (CEE). He has published extensively in international journals in these areas and has edited several volumes on these issues. He favours empirically oriented and policy relevant research projects, based on neo- Schumpeterian economics. He acts as an expert for the EC, OECD, UNESCO, UNIDO, World Bank, UNECE and Asian Development Bank and several governments in CEE. He also had significant policy- making experience in Croatia and ex-Yugoslavia at the highest policy level. He is a special advisor to the EC DG Commissioner for Regional and Urban Policy. He is visiting professor at Higher School of Economics St Petersburg. Organiser: Industrial Development and Policy Research Cluster Speaker(s): Slavo Radosevic (UCL), Antonio Andreoni (SOAS) Event Date: 22 November 2017 Released by: SOAS Economics Podcast

John Plender (Financial Times) Abstract: Japan is currently dependent on artificially low nominal and real interest rates together with continuing budget deficits averaging around six per cent of gdp. These deficits are necessary to offset the potential deflationary impact of the corporate sector saving far in excess what it invests. A consequence is that public sector debt is far higher than in the other major advanced economies at 226 per cent of gdp (gross) and 129 per cent (net). Such high levels of debt are not currently a problem because the global economy is experiencing a synchronised upturn and Japan remains an international creditor. But when the cycle turns down this unstable equilibrium could come unstuck - especially if protectionist forces gain strength, thereby hitting export dependent Japan's economic growth. This event is co-organised by the SOAS Japan Research Centre, Japan Economy Network and the SOAS Department of Economics. Speaker biography: John Plender has been a senior editorial writer and columnist at the Financial Times since 1981. After taking his degree at Oxford University, John Plender joined Deloitte, Plender, Griffiths & Co in the City of London in 1967, qualifying as a chartered accountant in 1970. He then moved into journalism and became financial editor of The Economist in 1974, where he remained until joining the UK Foreign Office policy planning staff in 1980. On leaving the Foreign Office, he became a senior editorial writer and columnist at the Financial Times, an assignment he combined until the late 1990s with current affairs broadcasting for the BBC and Channel Four. A past chairman of Pensions and Investment Research Consultants (Pirc), the UK shareholder activist and corporate governance consultancy, John Plender served on the UK government’s Company Law Review steering group which provided the groundwork for the Companies Act 2006. He joined the board of Quintain PLC as a non-executive director in 2002 and chaired the company from 2007 to 2009. He is currently chairman of the Official Monetary and Financial Institutions Forum, as well as being a trustee of the £4bn Pearson Group Pension Fund. Among a number of other roles John Plender is a member of the OECD/World Bank Private Sector Advisory Group on Corporate Governance and a member of the advisory council of the Association of Corporate Treasurers. He was the winner of the Wincott Foundation senior prize for excellence in financial journalism in 1994. His books include Going Off The Rails - Global Capital And The Crisis Of Legitimacy (John Wiley, 2003), which anticipated the 2007-8 financial crisis, and Capitalism – Money, Morals and Markets (Biteback, 2015). John Plender has spoken and lectured at numerous venues around the world including Oxford, Cambridge, LSE, Yale and Bocconi universities, the London Business School, the Royal Institute of International Affairs, the World Bank, the OECD, the International Corporate Governance Network, the Pimco Secular Forum and CLSA Annual Investors Forum. Organiser: SOAS Japan Research Centre, Japan Economy Network & SOAS Department of Economics Speaker(s): John Plender (Financial Times), Ulrich Volz (SOAS) Event Date: 15 November 2017 Released by: SOAS Economics Podcast

Etsuko Katsu (Meiji University Tokyo) Abstract: In her presentation at the workshop on ‘Abenomics and the Transmission Mechanisms of Economic Policy’ at SOAS University of London, Etsuko Katsu discusses characteristics of cooperate governance in Japan from a historical perspective in order to highlight recent changes in the system. The workshop on ‘Abenomics and the Transmission Mechanisms of Economic Policy’ was held to review Japan’s monetary policy against the background of Shinzō Abe’s recent re-election that indicates a continuation of present policies. Both, fiscal and monetary policies have been taken to great lengths in Japan and stand out in comparison to the experiences of other industrialised economies. Speaker biography: Etsuko Katsu is cross-appointed Professor from the School of Political Science and Economics at Meiji University Tokyo. She specializes in International Monetary Economics, is a Members of Customs and Tariff Council on Foreign Exchange Committee, Labor Policy Council, and Councils for higher education at MEXT. Her most recent publications include 'International monetary economics Theory (2009)'. Speaker(s): Etsuko Katsu (Meiji University Tokyo) Event Date: 6 November 2017 Released by: SOAS Economics Podcast

Guy Standing (SOAS) Abstract: Guy Standing will talk about his new book 'Basic Income: And How We Can Make It Happen', in which he adresses questions such as: Shouldn't everyone receive a stake in society's wealth? Could we create a fairer world by granting a guaranteed income to all? What would this mean for our health, wealth and happiness? Basic Income is a regular cash transfer from the state, received by all individual citizens. It is an acknowledgement that everyone plays a part in generating the wealth currently enjoyed only by a few. Political parties across the world are now adopting it as official policy and the idea generates headlines every day. Guy Standing has been at the forefront of thought about Basic Income for the past thirty years, and in this book he covers in authoritative detail its effects on the economy, poverty, work and labour; dissects and disproves the standard arguments against Basic Income; explains what we can learn from pilots across the world and illustrates exactly why a Basic Income has now become such an urgent necessity. Speaker biography: Guy Standing is Professorial Research Associate at the School of Oriental and African Studies< University of London. He is a Fellow of the British Academy of Social Sciences and co-founder and now honorary co-president of the Basic Income Earth Network (BIEN), an international NGO that promotes basic income. He was previously Professor of Development Studies in SOAS, Professor of Economic Security, University of Bath, Professor of Labour Economics, Monash University, and Director of the ILO’s Socio-Economic Security Programme. He has been a consultant for many international bodies, including UNICEF, UNDP, the European Commission and the World Bank, has worked with SEWA in India for many years, and was Director of Research for President Mandela’s Labour Market Policy Commission. His recent books include The Precariat: The New Dangerous Class (2011), which has been translated into 19 languages; A Precariat Charter (2014); with others, Basic Income – A Transformative Policy for India, and The Corruption of Capitalism: Why Rentiers Thrive and Work Does Not Pay (2016). His latest book is Basic Income: And how we can make it happen (Pelican, Penguin, 2017). Speaker(s): Guy Standing (SOAS), Antonio Andreoni (SOAS) Event Date: 1 November 2017 Released by: SOAS Economics Podcast

Khalid Abu-Ismail (United Nations Economic and Social Commission for Western Asia) The Event was organised by the London Middle East Institute (LMEI) and the Department of Economics, SOAS Abstract: Before the 2010 upheaval, the Arab region achieved some degree of progress on basic human development. But it was unable even then to significantly advance decent employment or productivity. After 2010, the region has confronted multiple social and economic problems. The decline in oil prices has exerted fiscal pressures even on oil-rich exporting countries. The UNESCWA Report on fiscal policies for structural transformation and human development in Arab countries focuses on the fiscal policy responses by Arab countries to their worsening conditions since 2010. Its central argument is that ‘business-as-usual’ governance systems and economic policies cannot address the region’s multiple and growing challenges. Instead, the answer lies in a mixture of good economic governance and fiscal policies that can induce more rapid economic growth along with structural transformation. Only then could jobs, especially jobs at decent wages, be created at a scale sufficient for sustained poverty reduction and human development. Speaker biography: Khalid Abu-Ismail is a Chief of Economic Development and Poverty Section, United Nations Economic and Social Commission for Western Asia (UNESCWA). His research is on topics related to Economic Development, Poverty and Human Development, Macroeconomic Policy, Inequality and International Migration. He received his Doctor of Philosophy in Economics from New School for Social Research, New York. Abu-Ismail is affiliated with the Faculty of Economics at the Lebanese American University. Speaker(s): Khalid Abu-Ismail (United Nations Economic and Social Commission for Western Asia), Terry McKinley (SOAS) Organiser: London Middle East Institute (LMEI) and the Department of Economics, SOAS Event Date: 26 October 2017 Released by: SOAS Economics Podcast

Joerg Bibow (Skidmore College and Levy Economics Institute) Abstract: The history of the global monetary order seems to rhyme: there appears to be a cycle featuring periods of relative order or disorder. The global financial crisis of 2007/9 appears to have ended what may be described as a neoliberal order of U.S. dollar supremacy and globalized finance. Today’s world economy features a global monetary order that does not really seem to suit all that many countries. Taking my theoretical cue from Keynes of the General Theory, I will explore the evolution of global monetary relations since the Bretton Woods order that Keynes helped to establish. How does today’s global monetary order differ from Keynes’ original vision, as captured by his early Bretton Woods drafts, and how we got here? I will also dare a peek into the future and speculate whether the chances for realizing his vision may be getting any better. 80 years after the publication of The General Theory of Employment, Interest and Money, are Keynes’ ideas, specifically his vision for the global monetary order, still relevant to the contemporary world? Speaker biography: Jörg Bibow is a professor of economics at Skidmore College. His main research areas are international finance and European integration, as well as international trade and development and the history of economic thought. A particular research focus is central banking and financial systems and the effects of monetary policy on economic performance, especially the monetary policies of the Bundesbank and the European Central Bank. This work builds on his earlier research on the monetary thought of John Maynard Keynes. Bibow has lectured at the University of Cambridge, University of Hamburg, and Franklin University Switzerland on central banking and European integration, and was a visiting scholar at the Levy Institute. He received a bachelor’s degree with honors in economics from the University of the Witwatersrand, a diplom-volkswirt from the University of Hamburg, and MA and Ph.D. degrees in economics from the University of Cambridge. Speaker(s): Joerg Bibow (Skidmore College and Levy Economics Institute), Jan Toporowski (SOAS) Event Date: 19 October 2017 Released by: SOAS Economics Podcast

Yasuyuki Sawada (Asian Development Bank) Abstract: Yasuyuki Sawada, Chief Economist of the Asian Development Bank, will present the Asian Development Outlook Update 2017 report, which provides growth forecast for the Asia-Pacific region. The report’s theme chapter focuses on sustaining development, mainly meeting the region’s large infrastructure needs, through public–private partnership. Speaker biography: Yasuyuki Sawada, a professor at the University of Tokyo’s Graduate School of Economics, is Chief Economist of the Asian Development Bank. Mr. Sawada has over 20 years of experience as an economist, researcher, and academic. He has worked at the ADB Institute in Tokyo and served as a consultant for various projects at the World Bank Group. A leading figure in development economics and applied microeconometrics, he has also served as a visiting professor at Stanford University’s Stanford Center for International Development, and adjunct professor of economics at Korea University. Mr. Sawada has conducted many field studies in developing countries and has a deep insight about development issues. His research has contributed to the works of various development institutions including the Japan International Cooperation Agency, Bangladesh Institute of Development Studies, Crawford School of Public Policy’s Australia-Japan Research Center at the Australian National University, and the Pakistan Institute of Development Economics. Speaker(s): Yasuyuki Sawada (Asian Development Bank), Ulrich Volz (SOAS) Event Date: 16 October 2017 Released by: SOAS Economics Podcast

Tony Norfield (Author of 'The City: London and the Global Power of Finance') Abstract: Tony Norfield will explain how major corporations like Apple, Amazon and Facebook work and what their operations reveal about contemporary capitalism. He will discuss how these corporations use the financial system and their commercial power and how their operations question traditional views of company profitability. Speaker biography: In 2014, Tony Norfield gained his PhD from SOAS on the topic of 'British Imperialism and Finance'. He had previously worked in bank dealing rooms for 20 years. His book, The City: London and the Global Power of Finance, was published in 2016. Speaker(s): Tony Norfield, Sophie Van Huellen (SOAS) Event Date: 18 October 2017 Released by: SOAS Economics Podcast

John Broome (University of Oxford) Discussed paper: http://users.ox.ac.uk/%7Esfop0060/pdf/Efficiency%20and%20future%20generations.pdf Abstract: It is possible to respond to climate change in a way that requires no sacrifice from anyone. At least, that is the conclusion of the standard economic theory of externalities. In particular, the present generation need not make a sacrifice for the sake of future generations. In negotiating policy for climate change, the international community can therefore appeal to people's self interest rather than their morality. However, this important conclusion is subject to doubt, because the standard theory of externalities does not apply accurately to intergenerational externalities. It relies on a notion of efficiency that fails for policies that affect the identities and numbers of people in future generations, as climate policies do. I am to repair the damage to the theory, and preserve its conclusion as far as possible. Speaker biography: Emeritus White's Professor of Moral Philosophy at the University of Oxford, Visiting Professor of Philosophy at Stanford University and Adjunct Professor at the Australian National University. Works on normativity, rationality and reasoning, and also on the ethics of climate change. Lead Author of the Fifth Assessment Report of the Intergovernmental Panel on Climate Change. Speaker(s): John Broome (University of Oxford), Gregor Semieniuk (SOAS) Event Date: 11 October 2017 Released by: SOAS Economics Podcast

Kristen Cheney (International Institute of Social Studies, The Hague) Presentation slides: bit.ly/orphanindustrialcomplex Abstract: In her new book, Crying for Our Elders: African Orphanhood in the Age of HIV and AIDS, Cheney argues that the misidentification of “orphans” as a category for development and humanitarian intervention has subsequently been misappropriated by many Western individuals and charitable organizations, resulting in an ‘orphan industrial complex’ that problematically commoditizes children as targets for charitable intervention—particularly in the global south. The discourse and practice of “orphan rescue” drives the “production” of orphans as objects for particular kinds of intervention that are counter to established international standards of child protection. In this presentation, Cheney will explain the concept of the orphan industrial complex: how it works and what its consequences are for children, families, and child protection systems. Speaker biography: Kristen E. Cheney is Associate Professor of Children and Youth Studies for the International Institute of Social Studies, a graduate development studies institute in The Hague, Netherlands. Dr. Cheney’s research deals with children’s survival strategies amidst difficult circumstances and the politics of humanitarian intervention for such children, mainly in Eastern and Southern Africa. Her first book, Pillars of the Nation: Child Citizens and Ugandan National Development (2007), looks broadly at the social intersections of childhood and nationhood in international development, while her new book, Crying for Our Elders: African Orphanhood in the Age of HIV/AIDS (2017, University of Chicago Press) draws on youth participatory ethnographic research with orphans and vulnerable children (OVC) to examine issues of social exclusion, policy, and protection for children affected by HIV/AIDS. Speaker(s): Kristen Cheney (International Institute of Social Studies, The Hague), Luca Tasciotti (SOAS) Event Date: 4 October 2017 Released by: SOAS Economics Podcast

Tim Lang (Centre for Food Policy, City University London) Seminar hosted by the SOAS Research Cluster on Food, Nutrition and Health in Development. Abstract: The term "Sustainable Diets" (SD) entered the public health lexicon in 1987, but its translation into reality is proving slow. In its most pared-down formulation, SD means good nutrition with low carbon emissions. In more complex forms, it means eating within environmental limits while eating well for health and in a manner appropriate to economic, social and cultural circumstances. Whichever version of SD is adopted, policy-makers have been surprisingly reluctant to translate the term into public advice. This paper explores the advantages and threats posed by this obvious and rational direction for public health nutrition and for food systems re-design. It asks specifically whether developing countries could and should adopt the pursuit of new national sustainable dietary guidelines. It argues that the adoption of sustainable diets as and overarching population goal offers a combination of radical and reasonable drivers for development. Speaker biography: Tim Lang is Professor of Food Policy at City University London's Centre for Food Policy. He was a hill farmer in Lancashire in the 1970s. This formed his interest in the policy shapes it. He studies and engages with food policy debate at local, national and international levels. He was food commissioner on the Sustainable Development Commission 2006-11 and a member of the Council of Food Policy Advisors 2008-10. He's a member of the London Food Board advising the Mayor of London since 2009. His new book Sustainable Diets (Routledge) is due late 2016. He's co-author for Food Wars(Routledge, 2nd ed, 2015), Unmanageable Consumer (Sage, 3rd ed, 2015), Ecological Public Health (Routledge, 2012) and Food Policy (Oxford University Press, 2009) and the inevitable heap of articles, reports and chapters. Speaker(s): Tim Lang (Centre for Food Policy, City University London) and Sara Stevano (SOAS) Event Date: 15 November 2016 Released by: SOAS Economics Podcast

Kate Raworth and Ulrich Volz In this event, which is co-hosted by SOAS Student Union, the Open Economics Forum, and the SOAS Department of Economics, Kate Raworth will present her concept of 'Doughnut Economics' and discuss its implications for the study and practice of economics with the Head of the SOAS Department of Economics, Ulrich Volz. Kate Raworth is a renegade economist focused on exploring the economic mindset needed to address the 21st century’s social and ecological challenges, and is the creator of the Doughnut of social and planetary boundaries.She is a Senior Visiting Research Associate at Oxford University’s Environmental Change Institute, where she teaches on the Masters in Environmental Change and Management. She is also a Senior Associate at the Cambridge Institute for Sustainability Leadership.Her internationally acclaimed idea of Doughnut Economics has been widely influential amongst sustainable development thinkers, progressive businesses and political activists, and she has presented it to audiences ranging from the UN General Assembly to the Occupy movement. Her book, Doughnut Economics: seven ways to think like a 21st century economist is being published in the UK and US in April 2017 and translated into Italian, German, Spanish, Portuguese, Dutch and Japanese.Over the past 20 years, Kate’s career has taken her from working with micro-entrepreneurs in the villages of Zanzibar to co-authoring the Human Development Report for UNDP in New York, followed by a decade as Senior Researcher at Oxfam.She holds a first class BA in Politics, Philosophy and Economics, and an MSc in Economics for Development, both from Oxford University. She is a member of the Club of Rome and serves on several advisory boards, including the Stockholm School of Economics’ Global Challenges programme, the University of Surrey’s Centre for the Understanding of Sustainable Prosperity, and Oxford University’s Environmental Change Institute. Ulrich Volz is Head of the Department of Economics and Senior Lecturer (Associate Professor) in Economics at SOAS University of London. He is also a Senior Research Fellow at the German Development Institute and Honorary Professor of Economics at the University of Leipzig. He is a member of the Advisory Council of the Asian Development Bank Institute in Tokyo and co-editor-in-chief of the Asia Europe Journal. Ulrich has taught at Peking University, Kobe University, Hertie School of Governance, Freie Universität Berlin and Central University of Finance and Economics in Beijing. He spent stints working at the European Central Bank (ECB) and the European Bank for Reconstruction and Development and held visiting research positions at the University of Oxford, University of Birmingham, ECB, Bank Indonesia, and Aoyama Gakuin University in Tokyo. He was also a Fox International Fellow and Max Kade Scholar at Yale University. Ulrich is a founding member and coordinator of the Japan Economy Network, which is hosted by the SOAS Department of Economics Organised by: SOAS Student Union, Open Economics Forum, and SOAS Department of Economics Speaker(s): Kate Raworth (Environmental Change Institute, University of Oxford & Cambridge Institute for Sustainability Leadership) and Ulrich Volz (SOAS) Event Date: 26 September 2017 Released by: SOAS Economics Podcast

Otaviano Canuto (World Bank) Otaviano Canuto, Executive Director at the World Bank, is discussing the future of international trade and global governance. ECON+ have the honour of hosting Otaviano Canuto, Executive Director at the World Bank on the 31st July at the SOAS. He will be travelling over from Washington DC to share his insights on global trade and international economic governance. As the world shows increasing signs of division, global trade is under scrutiny and the geopolitical landscape in flux. ECON+ will explore this important theme with a renowned expert, following on from our recent podcasts. We aim to ask questions on how to share the gains from trade with workers and whether we are doomed to go through an age of weaponized economics and trade wars Speaker(s): Otaviano Canuto (Executive Director of the World Bank), Victoria Collins (ECON+) and Luisa Porritt (ECON+). Event Date: 31 July 2017 Released by: SOAS Economics Podcast

Elisa Van Waeyenberge (SOAS) Jasmine Gideon (Birkbeck) Gabriela Alvarez (Birkbeck), Elaine Unterhalter (UCL) and Lynsey Robinson (Birkbeck), IFIs, Neoliberalism and Knowledge Cluster (SOAS, University of London) and IIPPE Training Workshops present: Privatisation through Time and Space, an Interdisciplinary Workshop Elisa Van Waeyenberge (SOAS) discusses privatization of social housing policy in development with an emphasis on the World Bank’s agenda with regards to social housing policy. Jasmine Gideon (Birkbeck) and Gabriela Alvarez (Birkbeck) discusses the different phases of Neoliberalism in Chile and in particular the conservative resistance to reproductive rights policies in Chile and their link to privatization Elaine Unterhalter (UCL) discusses the expansion of private involvement in mass education systems using the themes of gender, race and class inequalities and their bearings on education. Lynsey Robinson (EQUIPPPS) discusses the Education Commission Report and the funding of education. Participants will discuss how privatisation, broadly conceived as the promotion of private interests in the organisation of social and physical infrastructure, has changed during the ‘neoliberal period’. Central to these developments is how forms of financialisation made possible by privatisation and changing roles of the state have encouraged new forms of private sector involvement in provisioning, with important implications for social and economic reproduction. These developments may also be seen as a form of variegated policy transfer from the OECD to non-OECD countries, aided and abetted by international institutions, as well as a result of policy experimentation through state/finance nexuses. Speaker(s): Gabriela Alvarez (Birkbeck), Jasmine Gideon (Birkbeck), Elaine Unterhalter (UCL) and Lynsey Robinson (Birkbeck), Elisa Van Waeyenberge (SOAS) Event Date: 28 June 2017 Released by: SOAS Economics Podcast

Ben Fine (SOAS University of London) IFIs, Neoliberalism and Knowledge Cluster (SOAS, University of London) and IIPPE Training Workshops present: Privatisation through Time and Space, an Interdisciplinary Workshop Professor Ben Fine takes a long view on today’s privatization programmes examining the changing nature of state intervention in the economy. Privatization is discussed alongside the first, second and third phases of neoliberalism, whose scholarship, ideology and policy-in-practice form a particular world vision which shifts over time, place, and issue. Participants will discuss how privatisation, broadly conceived as the promotion of private interests in the organisation of social and physical infrastructure, has changed during the ‘neoliberal period’. Central to these developments is how forms of financialisation made possible by privatisation and changing roles of the state have encouraged new forms of private sector involvement in provisioning, with important implications for social and economic reproduction. These developments may also be seen as a form of variegated policy transfer from the OECD to non-OECD countries, aided and abetted by international institutions, as well as a result of policy experimentation through state/finance nexuses. Speaker(s): Ben Fine (SOAS) Event Date: 28 June 2017 Released by: SOAS Economics Podcast

Keun Lee (Seoul National University) XIV SOAS Industrial Development and Policy (IPD) Lecture There is an emerging call for a need to integrate the two approaches, GVC and IS (innovation systems), with the recent initiatives by Lundvall (Lundvall, 2015, 2016). The current study can also be considered as an attempt to seek a linkage between the two approaches or integrating the two. The integration of the two approaches is important since just joining the GVC does not guarantee upgrading, and an economy might be stuck in low value activities, without functional upgrading. This paper thus proposes the In-out-and In again hypothesis that while at the initial stage of growth more GVC is desirable for learning from outside, functional upgrading requires some effort or stage of seeking separation and independence from the existing foreign-dominated GVC, and that the latecomer firms and economies might have to seek again for an opening to integrate back into the GVC after building up their own local value chains. This paper has tried to verify this ‘N-shaped, In-Out-In again’ hypothesis first by looking into cases of ‘upgrading’ in Korea, Brazil, and India, and second by checking the national level data of the share of domestic value-added (DVA). It is shown that the trends of FVA in successful catching-up economies are consistent with this In-Out-In again pattern. The paper also confirms some correlations between the degree of local creation and diffusion of knowledge and the values of DVA. This illustrates the linkage between the innovation system variables (knowledge localization) to the GVC variable of the DVA (1-FVA). Keun Lee is the winner of the 2014 Schumpeter Prize for his monograph on Schumpeterian Analysis of Economic Catch-up (2013 Cambridge Univ. Press). He is now the President of the International Schumpeter Society, an editor of Research Policy, a council member of the World Economic Forum, and a member of the governing board of Globelics. He is a Professor of Economics at the Seoul National University. Speaker(s): Keun Lee (Seoul National University), Antonio Andreoni (SOAS) Event Date: 27 June 2017 Released by: SOAS Economics Podcast

Sue Konzelmann, Birbeck College, University of London, Marc Fovargue-Davies, Birbeck College, University of London XIII SOAS IDP Lecture - Industrial Development and Policy Cluster, Department of Economics Labour, Finance and Inequality is a study of the interaction between politics, economics, social dynamics and the legal framework - and the process of change in the conventional wisdom and the policies informed by it. these are examined against the backdrop of British history from the early twentieth century to the present, to access why change happens, why it doesn't always happen when it might be expected to and relative power of key segments of society on this process. We will also take into account shifts in the relative power of the state and international business and finance, and how this has affected both the policy options available to national governments and their relative effectiveness. Book reference: Sue Konzelmann, Marc Fovargue-Davies, Frank Wilkinson and Simon Deakin (forthcoming) Labour, Finance and Inequality: The Changing Nature of Economic Policy in Britain. Routledge Speaker(s): Sue Konzelmann (Birbeck College, University of London) Marc Fovargue-Davies (Birbeck College, University of London), Antonio Andreoni,(SOAS University of London) Event Date: 07 June 2017 Released by: SOAS Economics Podcast

Alessandro Vercelli, University of Siena and SOAS University of London This book argues that the neoliberal development trajectory pursued in recent decades is unsustainable, and posits that neither sound macroeconomics nor empirical data support the unqualified faith in free markets that inspired it. The first part suggests a broad critical perspective on key concepts such as freedom, free market, free trade, globalisation and financialisation, before going on to analyse the long and deep recent crisis as a result of the neoliberal policy strategy adopted since the early 1980s. The alternative narrative outlined in the book provides insights into the policy strategy required to achieve a sustainable development trajectory. Book reference Alessandro Vercelli. 2017. Crisis and Sustainability. The delusion of Free Markets. London: Palgrave Macmillan. Speaker(s): Alessandro Vercelli (University of Siena and SOAS), Jan Toporowski (SOAS) and Antonio Andreoni (SOAS) Event Date: 24 May 2017 Released by: SOAS Economics Podcast

Prof John Weeks, SOAS University of London Zambia has a small economy with a foreign exchange market dominated by large banks and mining companies. Copper accounts for over 80% of the country's exports. This combination, a small country, a forex market with large private participants and one dominant export, implies that the Kwacha does not trade in a market of rice takers. All the large private trades are aware that their actions have predictable and measurable consequences. This affects the manner in which they form their expectations. This study employed quantitative and qualitative techniques to explain how those expectations are formulated. the purpose of the study was to provide the Bank of Zambia with insights to improve its exchange rate management. Reference: Geda, A. and J. Weeks (2016) Short Run Movements in the Kwacha: Analytical Study for the Bank of Zambia, IGC and Bank of Zambia, London. Speaker(s): Prof John Weeks (SOAS), Antonio Andreoni (SOAS) Event Date: 10 May 2017 Released by: SOAS Economics Podcast

Prof Michael Landesmann, The Vienna Institute for International Economic Studies (wiiw) and Johannes Kepler University, Austria. External imbalances, disparate developments in export capacity and unbalanced growth patters characterise the wider European economy (i.e. the economy of the European Union and its neighbourhood). This talk reviews the major forces that push towards divergence and discusses the possibilities of resolving the dilemmas of policy frameworks that could tackle these. A positive political economy approach will be adopted to identify conflicts of interest between national and cross-border economic interest and the possibilities of policy developments will be discussed. A development and industrial policy perspective to deal with unbalanced growth and peripherisation within the EU and in its neighbourhood will be emphasised in particular. Speaker(s): Prof Michael Landesmann (wiiw), Antonio Andreoni (SOAS) Event Date: 26 April 2017 Released by: SOAS Economics Podcast

Prof Photis Lysandrou (City University of London), Prof Simon Mohun (Queen Mary University of London), Prof Jan Toporowski (SOAS). The IIPPE Financialisation Working Group invites you to a discussion on ‘Financialisation and the periodisation of capitalism’. As the concept gains prominence within social sciences, debates arise about situating financialisation within the history of capitalism. Is financialisation a contingent product of the economic shifts of the 1970s and 1980s? Is it a long-run tendency of capitalism? Join us for a discussion about these issues with Prof. Photis Lysandrou (City University of London), Prof. Simon Mohun (Queen Mary University of London), and Prof. Jan Toporowski (SOAS). The speakers will introduce their different viewpoints and discuss some theoretical implications concerning the incorporation of contextual aspects with respect to space and time, based on questions prepared by IIPPE financialisation working group. A general Q&A session will follow. The event is open to everyone, and is chaired by Dr Ulrich Volz, head of the department of Economics at SOAS. Speaker(s): Prof. Photis Lysandrou (City University of London), Prof. Simon Mohun (Queen Mary University of London), Prof. Jan Toporowski (SOAS), Ulrich Volz (SOAS) Organiser: IIPPE Financialisation Working Group Event Date: 25 April 2017 Released by: SOAS Economics Podcast

Ariel Wirkierman (University of Sussex). LINK TO SLIDES: https://www.soas.ac.uk/economics/events/economics-seminars/file120582.pdf Varieties of Growth Regimes, Innovation Systems and Structural Changes in Europe: Challenges for XXI Century This paper aims to provide an empirically grounded, fine grained picture of the varieties of growth regimes in Europe, and how this has gone hand in hand with patterns of structural change and the dynamics of national innovation systems. We disentangle some key nexus between the evolution of innovation, medium-term changes of production, employment, and profitability structures and on their interactions. We focus particularly on disentangling intrinsic and structural factors in the description of growth regimes, shifts in distributive relations and the extent to which these processes have resulted from the European innovation systems falling behind the technological frontier. Ariel Wirkierman is a Research Fellow at the Science Policy Research Unit (SPRU, University of Sussex) working on the EU Horizon 2020 ISIGrowth Project. In particular, he applies and develops Input-Output techniques and simulation models of industrial dynamics to analyse innovation, technical progress, structural change and income distribution. He has previously been a post-doc researcher at the Department of Mathematical Sciences, Mathematical Finance and Econometrics (Catholic University of the Sacred Heart, Italy), designing and implementing algorithms and metrics in complex networks to study industry clusters and node centrality in interindustry networks. Before his doctoral studies he worked as an economic officer at the Ministry of Economy and Production of Argentina, focusing on Regional Input-Output Analysis. Ariel holds a Licentiate in Economics (University of Buenos Aires, Argentina), Master in Economics (National Unviersity of La Plata, Argentina), PhD in Economics (Catholic University of the Sacred Heart). Speaker(s): Ariel Wirkierman (University of Sussex), Gregor Semieniuk (SOAS) Event Date: 22 March 2017 Released by: SOAS Economics Podcast

Prof. Maureen Mackintosh (The Open University) XI SOAS Industrial Development and Policy (IDP) Lecture. Health sectors are big buyers of industrial commodities, so their funding, purchasing and market structures influence industrial development. Since health sectors are strongly shaped by policy, while manufacturing suppliers typically rely on domestic demand at least for initial growth, national health policies are necessarily also national industrial policies. Assuring universalist health care is one of the most inclusive interventions open to governments, so health-linked industries offer a potential terrain for inclusive industrialisation. Yet in many low and middle income countries (LMICs), innovation and industrial development in health tend to be disequalising, given the current political economy of LMIC health sectors. The lecture uses evidence from recent work by Tanzanian, Kenyan and UK researchers to outline incentive structures in East African health sectors that interact with industrial development to determine its inclusionary or exclusionary nature, and draws implications for policy. Maureen Mackintosh (Innovation, Knowledge and Development Research Centre, The Open University) Organised by the Industrial Development and Policy Research Cluster –
SOAS IDP snd the SOAS Department of Economics Speaker(s): Prof. Maureen Mackintosh (The Open University), Dr. Antonio Andreoni (SOAS) Event Date: 08 March 2017 Released by: SOAS Economics Podcast

Dr Claudio Borio (Bank for International Settlements) What is wrong with the International Monetary and Financial System? The speech will explore the Achilles heel of the international monetary and financial system, with specific reference to the role that the dominance of the US dollar may play. Based on that, it will then draw possible policy implications. Claudio Borio is the Head of Monetary and Economic Department at the Bank for International Settlements. Speaker(s): Dr Claudio Borio (BIS) Event Date: 24 February 2017 Released by: SOAS Economics Podcast

Prof. Jan Toporowski (SOAS University of London) The publication of Anwar Shaikh’s book Capitalism, Competition, Conflict, Crises presents an opportunity to reconsider the classical theory of interest, on which much of the structure of the book is based (Shaikh 2016 chapter 10). This Note takes issue with the classical theory of interest that is the foundation of Shaikh’s monetary economics and the theory of bank profit that arises from that classical view. The Note argues that the classical theory of money applies to a very particular capitalist economy in which the monetary sector or banking are external to capitalist production. However, when credit is endogenous to capitalist production, the rate of interest is no longer governed by the rate of profit in the real economy, and the rate of profit of the banking sector does not depend on the actual rate of interest. This Note does not claim to represent Shaikh’s book, or even its core argument. The criticism in this Note proceeds by describing the banking system in which the classical theory of interest holds true and then explaining how, in the credit system that emerged with capitalism, that classical theory of interest does not hold. The Note concludes by arguing that debt and interest perform a purely distributional function in a credit economy, unrelated to the rate of profit from production around which Shaikh builds his analysis. Jan Toporowski is Professor of Economics and Finance at SOAS University of London. Speaker(s): Prof. Jan Toporowski (SOAS), Dr. Gregor Semieniuk (SOAS) Event Date: 01 March 2017 Released by: SOAS Economics Podcast

Prof. Mushtaq Khan (SOAS University of London) SOAS Economics Alumni Event. The evening will start with welcome speeches by SOAS Director Baroness Valerie Amos CH and Pro-Director for Learning and Teaching Dr Deborah Johnston, Professor Mushtaq Khan, SOAS Professor of Economics, will deliver a short talk on: "Doing Anti Corruption Differently: The New ACE Research Programme at SOAS" The lecture will be followed by a reception light refreshments. Celebrate SOAS's Centenary, network with your fellow alumni, and meet current Economics students & staff at this special event. Speaker(s): Baroness Valerie Amos CH (SOAS Director), Prof. Mushtaq Khan (SOAS), Dr. Ulirch Volz (SOAS), Event Date: 01 March 2017 Released by: SOAS Economics Podcast

Dr. Ha-Joon Change (University of Cambridge) The issue of production has almost disappeared from the development discourse in the last few decades. Discussing the shortcomings of the three main discourses that lie behind this - neo-liberalism, humanism, and post-industrialism - and enumerating the negative consequences of the neglect of production, Ha-Joon Chang will argue for a re-construction of the development discourse that takes production seriously. Ha-Joon Chang teaches economics at the University of Cambridge. In addition to numerous journal articles and book chapters, he has published 15 authored books (four co-authored) and 10 edited books. His main books include The Political Economy of Industrial Policy, Kicking Away the Ladder, Bad Samaritans, 23 Things They Don’t Tell You About Capitalism, and Economics: The User’s Guide. By the end of 2014, his writings will have been translated and published in 36 languages and 39 countries. Worldwide, his books have sold around 1.8 million copies. He is the winner of the 2003 Gunnar Myrdal Prize and the 2005 Wassily Leontief Prize. He was ranked no. 9 in the Prospectmagazine’s World Thinkers 2014 poll. The Babbage Industrial Policy Network is an international forum bringing together experts from economics, engineering and operations management with a shared interest in manufacturing and industrial policy. The network is supported by the Centre for Science, Technology and Innovation Policy, Institute for Manufacturing, University of Cambridge. Speaker(s): Dr Ha-Joon Change (University of Cambridge) Dr. Antonio Andreoni (SOAS) Event Date: 11 December 2014 Released by: SOAS Economics Podcast

Prof. Roberto Scazzieri, University of Bologna & Accademia Nazionale dei Lincei. Structural change is the most distinctive feature of classical political economy. The classical theories of increasing returns (Smith, Babbage) and of decreasing returns (Malthus, Ricardo, West) highlight a relationship between change and invariance that is at the root of the formation of the wealth of nations. This relationship makes the wealth of nations to reflect a proportionality condition between different productions subsystems (such as manufacturing vs. the primary sector). The proportionality condition provides a benchmark for investigating the dynamics of wealth of nations in terms of relative structural invariance, as the different components of a dynamic economy usually change at different rates, while some may not change at all. The criterion of relative structural invariance provides a unifying framework for assessing the relationship between local dynamics and systemic conditions, which is central to the contemporary theories of structural change. This criterion also provides a clue into the relationship between short-, medium-, and long-term dynamics, and into the possible alignments between the policy measures corresponding to the different time horizons. Speaker(s): Prof. Roberto Scazzieri (University of Bologna & Accademia Nazionale dei Lincei), Dr. Antonio Andreoni (SOAS) Event Date: 8 February 2017 Released by: SOAS Economics Podcast

Prof. Mariana Mazzucato. Professor Mazzucato's talk will look at the limits of market failure theory for addressing the role of policy in creating growth that is more ’smart’ (innovation-led), sustainable (more green) and inclusive (less inequality). It will focus on the lessons from the work of Karl Polanyi, evolutionary economics, and the innovation literature on ‘mission-oriented’ policy. Rather than seeing the role of policy as fixing different types of market failures (problems related to ‘public goods’, and positive and negative externalities), the role of policy will be posited in terms of the active shaping and creating of markets. Markets will be discussed in terms of ‘outcomes’ of interactions between heterogeneous agents (including different types of public and private organisations). After a theoretical discussion, the talk will focus on the implications of this approach for addressing key challenges around energy innovation, financial market reform, and inequality. Professor Mariana Mazzucato (PhD) holds the RM Phillips chair in the Economics of Innovation at the Science Policy Research Unit (SPRU) in the University of Sussex. Her recent book The Entrepreneurial State: debunking public vs. private sector myths (Anthem, 2013) was on the 2013 Books of the Year list of the Financial Times. It focuses on the need to develop new frameworks to understand the role of the state in economic growth—and how to enable rewards from innovation to be just as ‘social’ as the risks taken. She is winner of the New Statesman SPERI Prize in Political Economy and in 2013 the New Republic called her one of the 'three most important thinkers about innovation'. She advises policymakers around the world on innovation-led growth and is a member of the Scottish Government’s Council of Economic Advisors; a member of the World Economic Forum’s Council on the Economics of Innovation; and a permanent member of the European Commission’s expert group on Innovation for Growth (RISE). This seminar is co-hosted with the Industrial Development and Policy Research Cluster - SOAS IDP, Department of Economics. Speaker(s): Mariana Mazzucato (University of Sussex), Alfredo Saad Filho (SOAS), Ben Fine (SOAS) Organiser: Professor Alfredo Saad Filho or Dr Feyzi Ismail Event Date: 19 January 2016 Released by: SOAS Economics Podcast

Nick Robins, United Nations Environment Programme (UNEP). Across the world, there are growing efforts to connect the financial systems with the strategic goal of achieving sustainable development. Financial institutions, financial regulators and central banks are increasingly incorporating environmental and social factors into the activities. The G20 has championed green finance and the Financial Stability Board has promoted climate disclosure - both unthinkable a few years ago. This momentum is promising but remains insufficient. This lecture will review the evolution of this agenda, the role of the UN Environment's Finance Inquiry and some of the key that can be taken in 2017 to accelerate progress. Nick Robins Biography: Nick Robins works at the United Nations Environment Programme (UNEP), where he is co-director of the inquiry into the Design of a Sustainable Financial System. The Inquiry promotes policies that better connect the financial system with long-term sustainable development. The Inquiry published its first global report. The Financial System We Need, in October 2015 and the second edition, From Momentum to Transformation, in September 2016. His particular focus has been on national initiatives in Brazil, the EU, France, India, Italy and the UK, along with action in key sectors such as banking, insurance and institutional investment. Nick Robins has over 20 years' experience in the policy, research and financial dimensions of sustainable development. Before joining UNEP, he was Head of the Climate Change Centre of Excellence at HSBC in London from 2007 to 2014, where he produced investment research on issues such as lean tech and climate risk. In the Thomson Extel awards for European investment research, Nick was ranked as no 1 analyst for integrated climate change in 2009, 2011, 2012 and 2013. Prior to HSBC, Nick was first head of Sustainable and Responsible Investment (SRI) research and then head of the SRI funds at Henderson Global Investors. At Henderson, he published the first ever carbon audit of an investment fund (2005) and co-designed the Industries of the Future fund. Nick has also worked for the International Institute of Environment and Development, the European Commission's Environment Directorate and was part of the original Business Council for Sustainable Development. Nick has authored two books - The Corporation that Changed the World: How the East India Company Shaped the Modern Multinational (2006) and Sustainable Investing: the Art of Long-Term Performance (with Cary Krosinsky, 2008). He has also produced numerous reports and has had articles published by the Financial Times, the Guardian, and Huffington Post. Speaker(s): Nick Robins (UNEP), Dr. Ulrich Volz (SOAS) Event Date: 1 February 2017 Released by: SOAS Economics Podcast

Costas Lapavitsas and Geoff Ingham, Louis Moreno, Anitra Nelson, Engelbert Stockhammer. Symposium and Launch of Marxist Monetary Theory by Costas Lapavitsas. "Marxist Monetary Theory", a collection of papers by Costas Lapavitsas, published by Brill, will be launched at SOAS on 18 January 2017. To mark the event there will be a panel debate with the title "Thinking about Money". Money and finance are pre-eminent, even dominant, features of contemporary capitalism. Costas Lapavitsas was among the first political economists to notice their ascendancy and devote his research to it. The collected volume ranges far and wide, including papers on markets and money, finance and the enterprise, power and money, the financialisation of capitalism, finance and profit, even money as art. The participants in the panel debate are leading academics with expertise in the philosophical, economic and sociological aspects of money. The debate will be a rare opportunity to consider conflicting approaches to money in social science. The symposium is organised by the SOAS Department of Economics, in collaboration with the Department of Development Studies. Speaker(s): Antonio Andreoni (SOAS), Geoff Ingham (University of Cambridge), Costas Lapavitsas (SOAS), Louis Moreno (Goldsmiths Univeristy of London), Anitra Nelson (RMIT), Engelbert Stockhammer (Kingston University) Event Date: 18 January 2017 Released by: SOAS Economics Podcast

Costas Lapavitsas and Geoff Ingham, Louis Moreno, Anitra Nelson, Engelbert Stockhammer. Symposium and Launch of Marxist Monetary Theory by Costas Lapavitsas. "Marxist Monetary Theory", a collection of papers by Costas Lapavitsas, published by Brill, will be launched at SOAS on 18 January 2017. To mark the event there will be a panel debate with the title "Thinking about Money". Money and finance are pre-eminent, even dominant, features of contemporary capitalism. Costas Lapavitsas was among the first political economists to notice their ascendancy and devote his research to it. The collected volume ranges far and wide, including papers on markets and money, finance and the enterprise, power and money, the financialisation of capitalism, finance and profit, even money as art. The participants in the panel debate are leading academics with expertise in the philosophical, economic and sociological aspects of money. The debate will be a rare opportunity to consider conflicting approaches to money in social science. The symposium is organised by the SOAS Department of Economics, in collaboration with the Department of Development Studies. Speaker(s): Antonio Andreoni (SOAS), Geoff Ingham (University of Cambridge), Costas Lapavitsas (SOAS), Louis Moreno (Goldsmiths Univeristy of London), Anitra Nelson (RMIT), Engelbert Stockhammer (Kingston University) Event Date: 18 January 2017 Released by: SOAS Economics Podcast

Costas Lapavitsas and Geoff Ingham, Louis Moreno, Anitra Nelson, Engelbert Stockhammer. Symposium and Launch of Marxist Monetary Theory by Costas Lapavitsas. "Marxist Monetary Theory", a collection of papers by Costas Lapavitsas, published by Brill, will be launched at SOAS on 18 January 2017. To mark the event there will be a panel debate with the title "Thinking about Money". Money and finance are pre-eminent, even dominant, features of contemporary capitalism. Costas Lapavitsas was among the first political economists to notice their ascendancy and devote his research to it. The collected volume ranges far and wide, including papers on markets and money, finance and the enterprise, power and money, the financialisation of capitalism, finance and profit, even money as art. The participants in the panel debate are leading academics with expertise in the philosophical, economic and sociological aspects of money. The debate will be a rare opportunity to consider conflicting approaches to money in social science. The symposium is organised by the SOAS Department of Economics, in collaboration with the Department of Development Studies. Speaker(s): Antonio Andreoni (SOAS), Geoff Ingham (University of Cambridge), Costas Lapavitsas (SOAS), Louis Moreno (Goldsmiths Univeristy of London), Anitra Nelson (RMIT), Engelbert Stockhammer (Kingston University) Event Date: 18 January 2017 Released by: SOAS Economics Podcast

Hannah Bargawi (SOAS) Before joining the Economics department, Dr. Hannah Bargawi worked at the Centre for Development Policy and Research at SOAS. She participated in the EU-funded AUGUR project, which utilised a global macroeconomic model to investigate scenarios for Europe and the world in 2030. Dr. Bargawi has been involved in numerous other research and consultancy projects for international agencies such as the Asian Development Bank, the International Labour Organisation and the United Nations Development Program. Dr. Bargawi's current research focuses on the changing position, role and pay of both men and women in the labour market in Europe, considering whether or not recent austerity policies have had particularly gendered impacts and what an alternative, gender-equitable macroeconomic framework might look like. This is joint research project with Brussels, think-tank, FEPS. The Feminist Political Economy and Development (FPED) research cluster brings together social science researchers and economists working on gender and feminist approaches to socio-economic transformations within the SOAS community. Academic members of this cluster aim at engaging in theoretical, political, methodological, and policy debates centred on gendered and/or feminist approaches to political economy and development processes. The cluster places particular emphasis on gendered critiques to mainstream economics, and feminist analyses of current economic transformations taking place in both developed and developing regions. The cluster also engages with up-to-date debates within feminist economics policy circles. The cluster offers the opportunity to discuss on-going research and policy debates among colleagues in an informal setting via regular brown-bag seminars. At these meetings, we discuss relevant work on gender and feminism, we invite members to share completed and on-going research, and discuss opportunities for potential collaboration in research bids. The cluster occasionally also organises more formal events, inviting outside speakers, usually in partnership with other research clusters in the faculty and in close collaboration with the SOAS Centre for Gender Studies. Finally, the cluster is a vehicle for engaging with the SOAS Centre for Gender Studies and with those outside the SOAS community working in the area of feminist economics. Speaker(s): Hannah Bargawi (SOAS) Recording Date: 16 June 2016 Released by: SOAS Economics Podcast

Prof. Bill Lazonick. We can define economic development as sustained productivity growth that is equitably shared among the population on a stable basis. Underpinning economic development are innovation processes that, by generating higher quality products at lower unit costs, can raise standards of living. In general, investment in these innovation processes is carried out by business enterprises that must compete for markets to survive. The foundation of a theory of economic development is, therefore, a theory of innovative enterprise. In this lecture, I will lay out the key concepts – strategic control, organizational integration, and financial commitment – in the theory of innovative enterprise to provide a framework for analyzing the social conditions that enable innovation to occur. Then I will discuss the implications of the theory of innovative enterprise for understanding productivity growth, income distribution, and employment stability in a national economy as a whole. Finally, drawing on the history of economic development over the past century, I will highlight changes over time and across nations in the characteristics of innovative enterprise and, relatedly, national paths to equitable and stable economic growth. William Lazonick is professor of economics and director of the Center for Industrial Competitiveness at University of Massachusetts Lowell. He is co-founder and president of The Academic-Industry Research Network. He is the author or editor of 13 books, including Sustainable Prosperity in the New Economy? Business Organization and High-Tech Employment in the United States (2009) winner of the 2010 International Joseph A. Schumpeter Prize. His article, "Innovative Business Models and Varieties of Capitalism," received the Henrietta Larson Award from Harvard Business School for best article in Business History Review in 2010. His Harvard Business Review article “Profits Without Prosperity: Stock Buybacks Manipulate the Market and Leave Most Americans Worse Off” received the HBR McKinsey Award for outstanding article in Harvard Business Review in 2014. Lazonick is currently completing a book, The Theory of Innovative Enterprise, to be published by Oxford University Press. The Public debate will be chaired by Antonio Andreoni and animated by IDP members and fellows including Mushtaq Khan, Chris Cramer, Ben Fine, Machiko Nissanke, Carlos Oya, Massoud Karshenas, Christine Oughton, Robert Wade (LSE), Akbar Noman (Columbia University, IPD) Mike Best (Mass Lowell), Moazam Mahmood (International Labour Organisation) and representatives from BNDES, London Office Speaker(s): Bill Lazonick (University of Massachusetts Lowell), Antonio Andreoni (SOAS) Event Date: 30 June 2015 Released by: SOAS Economics Podcast

Prof. Robert H. Wade (LSE). Why did western development organizations (e.g. World Bank, USAID, DfID) turn away from "production policy" and "production investments" and embrace "eliminate extreme poverty" as their mandate? A study of western states' ability to set the agenda of "international development", and the recent response of developing country governments. Western states have shown a remarkable ability to coordinate among themselves to protect their leading role in international organizations against attempts by governments of some “emerging market economies and developing countries” (EMDCs) to wield more power to shape the prescriptions of these organizations . This talk illustrates how western states have succeeded in (1) marginalizing organizations where they do not always control the agenda (such as the UN General Assembly and its High-Level Commissions, e.g. the Stiglitz Commission on the Global Financial Crisis of 2009, and the United Nations Conference on Trade and Development, UNCTAD, established as a think tank for articulating views from developing countries), and (2) keeping control of the post-war legacy organizations (notably the World Bank and IMF). The talk then explains why, in the wake of the end of the Cold War, the West changed the development agenda away from economic growth, infrastructure investment and building capitalist institutions, and embraced “extreme poverty reduction” as the goal of development assistance. From then on, “industrial policy” became a forbidden phrase, and even WB chief economist Justin Yifu Lin (2008-2012) and his “new structural economics” were marginalized. Rising tensions with the preferences of developing country governments have produced a recent surge of “by-pass” organizations, such as the New Development Bank. Robert H. Wade is professor of political economy at the other LSE. Educated in New Zealand, he has taught at Sussex University, Princeton, MIT, and Brown. He worked as a staff economist in the World Bank in the 1980s. His book Governing the Market: Economic Theory and the Role of Government in East Asia’s Industrialization (Princeton, 1990, 2004) won the American Political Science Association award for Best Book or Article in Political Economy. He won the Leontief Prize for Advancing the Frontiers of Economic Thought in 2008. Speaker(s): Robert Wade (LSE) Event Date: 31 March 2015 Released by: SOAS Economics Podcast

Duncan Green. Duncan Green, Oxfam Strategic Adviser and LSE Professor of Practice in International Development, introduces the arguments of his new book, 'How Change Happens' (OUP, October 2016). 'How Change Happens' explores how political and social change takes place, and the role of individual and organisations in influencing that change. Duncan's presentation will be followed by a panel of discussion featuring SOAS Pro-Director Deborah Johnson and SOAS Economics Professor Mushtaq Khan. Speaker(s): Duncan Green (Oxfam), Deborah Johnson (SOAS), Mushtaq Khan (SOAS), Ulrich Volz (SOAS) Event Date: 19 October 2016 Released by: SOAS Economics Podcast

Dr. Helen Macnaughtan, Mr. Martin Malone, Mr. Andrew Rozanov, Dr. Ulrich Volz. In this event, four Japan experts will assess the Japanese government’s progress in addressing the root causes of the country’s economic stagnation and deflation problems under the set of policies known as ‘Abenomics’. Panellists will discuss the efficacy of the various policy measures adopted by the Abe administration ranging from monetary and fiscal policies and corporate governance and labour market reforms to ‘womenomics’ and the plan to become a member of the Trans-Pacific Partnership. Speaker Biographies: Andrew Rozanov is an independent expert in institutional fund management and an associate fellow at Chatham House since October 2014. He previously worked at Permal Group, where he was responsible for advising long-term institutional investors on asset allocation, portfolio construction, risk management and alternative investments, with a particular focus on global macro and tail risk strategies. Before joining Permal, he held various roles at State Street Corporation and UBS Investment Bank. He is a Chartered Financial Analyst (CFA), a Financial Risk Manager (FRM), and a Chartered Alternative Investment Analyst (CAIA). He holds a Master’s equivalent degree in Asian and African Studies from Moscow State University. Andrew is a member of the Japan Economy Network. Since 1990, Martin Malone has worked in senior financial positions at DKB. Norinchukin Bank, Merrill Lynch, Mizuho Bank, and West-Pac. Martin’s core competency relates to global fixed income and currency markets, especially Japan’s financial markets, and associated policy mechanisms. Over the past three years Martin’s global macro advisory business delivers advice to macro funds, SWFs, pension funds, commercial bank Treasury units, as well as policy makers. Martin holds an MA (Hons) in pure mathematics from Trinity College, Dublin, Ireland having specialised in Hamiltonian quantum field theory. Martin is a member of the Japan Economy Network. Ulrich Volz is Head of the Department of Economics and Senior Lecturer (Associate Professor) in Economics at SOAS University of London. He is a member of the Advisory Council of the Asian Development Bank Institute in Tokyo and co-editor-in-chief of the Asia Europe Journal. Ulrich has taught at Peking University, Kobe University, Hertie School of Governance, Freie Universität Berlin and Central University of Finance and Economics in Beijing. He spent stints working at the European Central Bank (ECB) and the European Bank for Reconstruction and Development and held visiting research positions at the University of Oxford, University of Birmingham, ECB, Bank Indonesia, and Aoyama Gakuin University in Tokyo. Ulrich is a founding member and coordinator of the Japan Economy Network, which is hosted by the SOAS Department of Economics. Helen Macnaughtan is Chair of the Japan Research Centre (JRC) and Senior Lecturer in International Business and Management (Japan) in the School of Finance and Management at SOAS. Helen is also Co-Editor of Japan Forum, the official journal of the British Association for Japanese Studies (BAJS). Her academic research interests focus on a broad range of topics relating to gender issues and employment in Japan. In particular, she has recently published articles assessing the progress and viability of ‘Womenomics’ policy in Japan. Helen is a member of the Japan Economy Network This event is jointly organised by the SOAS Japan Research Centre, the SOAS Department of Economics and the Japan Economy Network. Speaker(s): Andrew Rozanov (Chatham House), Martin Malone (Alphabook/Mint Partners), Helen Macnaughtan (SOAS), Ulrich Volz (SOAS) Event Date: 16 November2016 Released by: SOAS Economics Podcast

Prof. Richard Werner. The Japanese economy out-performed most other economies in the half century until 1990. However, since about 1992 it has fallen into a severe recession which has, despite temporary recoveries, lasted for over two decades. In this talk the fundamental cause of both the bubble economy of the 1980s and the long recession since will be discussed, as well as the role played by the Japanese central bank and its key figures. The motivation of the central bank will be explored, as well as measures to end the recession. The Japanese experience is compared to that in Europe, and lessons for the world will be drawn. Professor Richard A Werner, born in Germany in 1967, holds a B.Sc. in Economics from the London School of Economics and a doctorate in economics from the University of Oxford. He is a Member of Linacre College, Oxford, and has also studied at the University of Tokyo. Richard has been Professor of International Banking at the University of Southampton for over twelve years. He is founding director of its Centre for Banking, Finance and Sustainable Development, which is the first research centre to focus on the link between the financial sector and sustainability issues. He is also a member of the ECB Shadow Council and founding chair of Local First, a community interest company establishing not-for-profit community banks in the UK. His recommended charity is the Association for Research on Banking and the Economy (arbe.org.uk). Richard previously was a professor of monetary, macro and development economics at Frankfurt University and tenured assistant professor at Sophia University, Tokyo. He has also taught development finance and sustainability at Moscow State University. His work experience includes over four years as highly rated chief economist at Jardine Fleming Securities (Asia) Ltd., a stint as Senior Managing Director at Bear Stearns Asset Management Ltd., many years managing global macro funds, several years as senior consultant to the Asian Development Bank and periods as visiting scholar and visiting researcher at the Japanese Ministry of Finance and the Bank of Japan, respectively. He was also the first Shimomura Fellow at the Development Bank of Japan. In 1992, while European Commission Fellow at Oxford University's Institute for Economics and Statistics, Richard proposed the disaggregation of credit and its impact on asset markets and growth with his ‘Quantity Theory of Credit’ (see page). In 1995, he advanced the concept of ‘quantitative easing’ in Japan (published in the leading daily newspaper, the Nikkei, on 2 September 1995). His book ‘Princes of the Yen’ was a No. 1 bestseller in Japan and warned of the coming creation of credit bubbles and banking crises in the eurozone. So did his 2005 book ‘New Paradigm in Macroeconomics’ (Palgrave Macmillan). In 2014, Richard published the first empirical proof of the fact that banks create money out of nothing when they grant loans. The World Economic Forum, Davos, selected him as “Global Leader for Tomorrow” in 2003. Co-organised with Department of Economics and Japan Economy Network Speaker(s): Prof. Richard Werner, Dr Ulrich Volz Event Date: 7 December 2016 Released by: SOAS Economics Podcast

Sophie Chen, Patricia Tse, Kiki Yeung, Monina Wong. The SOAS Labour Movement Research Cluster is proud to be chairing the Garment Workers Fight Back China Activist Tour UK organised by War on Want on 26 July 2016. Hong Kong-based labour-orientated NGOs such as Students and Scholars Against Corporate Misbehaviour (SACOM) and Worker Empowerment have worked hard to expose the impunity enjoyed by fashion brands. They have made an important and unique contribution to the labour movement emerging from the factory floors of China. At the event, an all-woman panel will be calling for supply chain transparency and urging international solidarity in joining the campaign for brands to make their factory suppliers public. Sophie Chen, Students and Scholars against Corporate Misbehaviour (SACOM). SACOM began as a students’ movement which has developed into a campaign group monitoring international corporates’ practice in mainland China. SACOM conducts undercover factory investigations and advocacy of labour rights in the garment, electronics, and toy industries, campaigning against global brands including Disney, Apple and UNIQLO. Patricia Tse, Worker Empowerment (WE) creates labour education materials, conducts research and supports campaigns in Shenzhen and Huizhou. WE has gained rich experience on labour education over the past six years - essential to strengthening the labour movement. Kiki Yeung, Hong Kong Confederation of Trade Unions (HKCTU). HKCTU is a trade union confederation representing 190,000 members and plays a key role in supporting workers rights in mainland China, where independent trade unions are banned. Monina Wong is from the The International Trade Union Confederation (ITUC) based in Brussels and has worked as part of the labour movement in Hong Kong for over 15 years. Speaker(s): Sophie Chen, Patricia Tse, Kiki Yeung, Monina Wong Event Date: 26 July 2016 Released by: SOAS Economics Podcast

Prof. Raphael Kaplinsky and Dr Antonio Andreoni. During the 1980s and 1990s, Industrial Policy went out of fashion as a consequence of the hegemony of neo-liberal dogma. Industrial Policy is now back in fashion. But will the revival of Industrial Policy lead to sustainable and inclusive growth? With the global spread of production capabilities and the fracturing of global value chains, it is no longer self-evident that industrialisation will continue to play its historical role as the driver of productivity growth and sustainable incomes. However, this does not mean that unrestricted market forces will deliver these developmental goals. But if market failures are endemic to capitalist accumulation, and if Industrial Policy no longer delivers the desired results, what other policy agendas might meet the challenge of promoting structural change, sustainable income growth and more inclusive patterns of economic growth? Professor Raphael Kaplinsky is Honorary Professor at the Science Policy Research Unit, and is also an Emeritus Professor at the Institute of Development Studies and at the Open University. Speaker(s): Professor Raphael Kaplinsky, Dr Antonio Andreoni Event Date: 8 February 2016 Released by: SOAS Economics Podcast

Dr. Ha-Joon Chang, Dr. Adam B. Elhiraika, Dr. Jostein Lohr Hauge. Africa is at a crossroad. After a long history of exploitation, violent conflicts, and economic turmoils, it has finally seen a decade of improved economic growth and greater political stability. Once written off as a continent uniquely suffering from structural impediments to economic growth and development there is now widespread optimism about the future of the continent. The African countries need to start to think seriously about – and to implement – ways to upgrade their commodity sectors and, more importantly, promote the development of higher-productivity sectors, especially manufacturing but also some high-end services. This report is intended as a contribution to that thinking process. UN ECA Report Launch Event Ha-Joon Chang (University of Cambridge) Followed by a discussion with Adam B. Elhiraika (UN ECA) Jostein Lohr Hauge (University of Cambridge) chaired by Antonio Andreoni (SOAS Economics). Organised by the Industrial Development and Policy Research Cluster – SOAS IDP, Department of Economics, jointly with the United Nations Economic Commission for Africa and the ETA Economic Transformatation of Africa Working group. Speaker(s): Dr. Ha-Joon Chang, Dr. Adam B. Elhiraika, Dr. Jostein Lohr Hauge. Event Date: 29 February 2016 Released by: SOAS Economics Podcast

Prof. Michael G. Plummer. Global trade has been slowing significantly of late; last year, it grew by only 2.8 percent, on par with global GDP for the first time in many years, and is expected to do the same this year. This lackluster growth is particularly problematic for developing economies. While the origins of this slowdown are many, a decline in the pace of trade policy liberalization no doubt plays and important role. In the context of stalled multilateral negotiations under the WTO, more aggressive concerned regional liberalization, or "mega-regionalism", has been proposed as a possible solution. Mega-regional trace negotiations currently include the Trans-Pacific Partnership (RCEP) between ASEAN and six Asian partners; and the Trans-Atlantic Trade and Investment Partnership (TTIP) between the United States and EU. At present, only the TPP has been signed (February 2016) - though not ratified. Given that it is slated to be modern "21st Century" trade agreement embracing deep integration, the TPP could have not only significant direct economic effects but also far-reaching ramifications for global trade governance. Using a Computable General Equilibrium (CGE) model, we consider the economic ramifications of the TPP but also analyze the political economy of mega-regionalism as well its implications for the future of the global trading system, with a focus on developing economies. Michael G. Plummer has been Director of SAIS Europe since 2014. A SAIS Professor of International Economics since 2001 and the Eni Professor of Economics since 2008, he was Head of the Development Division of the Organization for Economic Co-opration and Development (OECD) in Paris from 2010 to 2012; an associate professor at Brandeis University (1992-2001); and Editor-in-Chief of the Journal of Asian Economics (Elsevier) 2007-2015. He was president of the American Committee on Asian Economics Studies (ACAES) from 2008 until 2015 and is currently a nonresident senior fellow at the East-West Centre. A former Fulbright Chair in Economics and Pew Fellow in International Affairs at Harvard University, he has been an Asian Development Bank (ADB) distinguished lecturer on several occasions and team leader of projects for various organizations including the Association of Southeast Asian Nations, the United Nations, the OECD, the ADB and the World Trade Organization. He has taught at more than a dozen universities in Asia, Europe, and North America. Professor Plummer has advised several governments on the Transpacific Partnership (TPP) negotiations and is member of the editorial boards of World Development, the Asian Economic Journal; and the Asean Economic Challenges and Future Direction (Cambridge Univ. Press, 2015); The Transpacific Partnership and Asia-Pacific Intergration: A Quantitative Assessment (PIIE, 2012); and Realizing the ASEAN Economic Community (ISEAS, 2009), and is author/co-author of over 100 journal articles and book chapters. His Ph.D. is in Economics from Michigan State University. Speaker(s): Professor Michael G. Plummer, Dr Ulrich Volz Event Date: 21 November 2016 Released by: SOAS Economics Podcast

Prof. Anne Booth. Indonesia is often viewed as a country with substantial natural resources, which has achieved solid economic growth since the 1960s, but which still faces serious economic challenges. In 2010, its per capita GDP was only nineteen per cent of that of the Netherlands, and twenty-two per cent of that of Japan. In recent decades, per capita GDP has fallen behind that of neighbouring countries such as Malaysia and Thailand, and behind China. In this accessible but thorough new study, Anne Booth explains the long-term factors, which have influenced Indonesian economic performance, taking into account the Dutch colonial legacy and the reaction to it after the transfer of power in 1949. The first part of the book offers a chronological study of economic development from the late nineteenth to the early twenty-first century, while the second part explores topics including the persistence of economic nationalism and the ongoing tensions between Indonesia's diverse regions. Anne Booth studied Economics at Victoria University, Wellington, New Zealand and the Australian National University in Canberra, and worked in universities in Singapore, Indonesia and Australia before joining SOAS in 1991. Her interests are mainly in the modern economic history of Southeast Asia, with a particular focus on the legacies of the various colonial powers in the region, and their impact on post-colonial developments. Her recent work includes a comparative study of European and Japanese colonial legacies in Asia, and a study of trade and investment links between China and Southeast Asia. Speaker(s): Professor Anne Booth, Dr Satoshi Miyamura Event Date: 3 May 2016 Released by: SOAS Economics Podcast