Events

Workshop on Financialisation, Growth and Welfare State

Organized by the Foundation for European Progressive Studies (FEPS) and the Greenwich Political Economy Research Centre/Institute of Political Economy, Governance, Finance and Accountability (GPERC/PEGFA) at theUniversity of Greenwich.

Venue: University of Greenwich, Hamilton House Room 103

Date: Thursday, 29 November, 10.00 – 19.00

Programme

10.00 – 10.30: Welcome and Opening Remarks

10.30 – 12.30: Session 1

Chair Maria Nikolaidi, University of Greenwich

Financialising the state: recent developments in fiscal and monetary policy: Ewa Karwowski, University of Hertfordshire (with M. Centurion-Vicencio)

The role of global finance in the provisioning of social infrastructure and the welfare state: Cem Oyvat, University of Greenwich

Financial and Entrepreneurial Profitability in the Era of Financialisation, Costas Lapavitsas, School of Oriental and African Studies

12.30 – 13.30: Lunch Break

13.30 – 15.30: Session 2

Chair Cem Oyvat, University of Greenwich

Towards a Marxist theory of financialised capitalism: Jeff Powell, University of Greenwich

Inequality and finance in a rent economy: Alberto Botta, University of Greenwich (with E. Caverzasi, A. Russo, M Gallegati, and J. E. Stiglitz)

Expenditure cascades, low interest rates, credit deregulation or property booms? Determinants of household debt in OECD countries: Rafael Wildauer, University of Greenwich (with E. Stockhammer)

15.30 – 16.00: Coffee Break

16.00 – 18.00: Session 3

Chair Dr David Rinaldi, Foundation for European Progressive Studies and UBL - Institute for European Studies

Financialization, globalization and monopolization of US nonfinancial corporations: Özgür Orhangazi, Kadir Has University

Securitization and economic activity: The credit composition channel: Ata Can Bertay, World Bank, Lead for Global Financial Development Report (With D. Gong and W. Wagner )

The impact of financialisation on the wage share: a theoretical clarification and empirical test: Engelbert Stockhammer, King’s College London (with K. Kohler and A. Guschanski)

18.00 – 19.00: Reception

location

London, UK, Hamilton House, Room 103, University of Greenwich

date

Thursday, 29 November 2018