Skip navigation

Tag Archives: John Grahl

Austerity

17th WORKSHOP ON ALTERNATIVE ECONOMIC POLICY IN EUROPE

Call for Papers for the annual conference of the EuroMemo Group in September 2011 in Vienna
Working Group of European Economists for an Alternative Economic Policy in Europe

Call for Papers for the 17th Workshop on Alternative Economic Policy in Europe:
European Integration at the Crossroads: Deepening or Disintegration?
16-18 September 2011 at the C3-Center for International Development in Vienna/Austria

Dear colleagues
This year’s EuroMemo Group conference will be held in Vienna from 16-18 September 2011.
The conference will open on the afternoon of Friday, 16 September with the customary plenary on the State of theUnion.

We are pleased to announce the two key speakers:
The Political State of the Union, Birgit Mahnkopf (Berlin School of Economics and Law)
The Economic State of the Union, Ozlem Onaran (Middlesex University, London)

We would like to invite you to attend the conference and to submit proposals for papers for one of the four workshops shown below. These should address the key themes of EU policy in each area.

Workshop 1: Austerity policies – Coordinator: Marica Frangakis

Austerity policies are being imposed in a number of EU member states, most notably in the euro area periphery and in Central and Eastern Europe. This workshop aims to examine developments in specific countries, giving special emphasis to the degradation of social protection systems and of labour market institutions, and the implications for youth unemployment and the organization of old-age security.

Workshop 2: The future of the eurozone – Coordinator: Trevor Evans

Developments of the past year raise the danger of a disintegration of the eurozone.  As some members states struggle to deal with rising levels of public and private debt, the EU has promoted new governance measures that look set to exacerbate the situation. Contributions are invited that address macroeconomic imbalances, debt and the banking crisis, monetary policy and the role of the ECB, the European Stability Mechanism, and the Pact for the Euro.
Workshop 3: The EU and the world – Coordinator: Werner Raza
Developments in neighbouring Mediterranean countries highlight just one of the international challenges faced by the EU. This workshop seeks papers that address the issues of migration, trade policy, EU development policies, as well as, more generally, the role of the EU in global governance, in particular the G20.

Workshop 4: Energy, climate change and sustainability, after Fukushima– Coord.: Frieder O. Wolf
The crisis in Japan dramatically focused public attention on the pressing urgency for a fundamental change in energy policy. Papers are invited that will address the challenge of developing policies that promote social, economic and environmental sustainability.

Proposals for papers together with a short abstract (maximum 250 words) should be submitted by 30 June. If accepted, completed papers should be submitted by 1 September.

If you would like to participate in the workshop, please copy the registration form below into an email and reply by the 30 June 2011 to euromemo@uni-bremen.de indicating:
– that you would like to participate and
– whether you wish to offer a paper for one of the workshops.

Please note that there will be a conference fee collected at the venue (20 Euro / 10 Euro for students).

The C3-Center for International Development http://www.centrum3.at/start_en.htm is located in the centre of Vienna, close to the “Altes AKH”-campus of the University of Vienna. Information sheets with details about travel arrangements and hotel bookings are attached. A contingent of rooms has been reserved at three hotels in Vienna. Please use the attached form to make your own bookings. Please be aware that early booking is strongly recommended to secure a room at one of the hotels.

We look forward to seeing you in Vienna!
Best wishes,
for the EuroMemo Group

Werner Raza, Wlodzimierz Dymarski, Miren Etxezarreta, Trevor Evans, Marica Frangakis, John Grahl, Jacques Mazier, Mahmood Messkoub, Catherine Sifakis, Frieder Otto Wolf, Diana Wehlau

European Economists for an Alternative Economic Policy in Europe
EuroMemo Group
E-Mail  >>  euromemo@uni-bremen.de
Internet  >>  http://www.euromemo.eu

EuroMemo Group at Facebook
The EuroMemo Group has launched a EuroMemo Facebook page. Stay up to date with latest news on activities of the EuroMemo Group and link up with supporters of the group from all over Europe. Simply click the “Like” button and use this page to start networking. To view the page, click here: http://www.facebook.com/pages/EuroMemo-Group/176017092438968?v=wall.

EuroMemo Group-Newsletter
If you would like to receive the newsletter of the EuroMemo Group or if you wish to cancel your subscription, please visit the website of the EuroMemo Group here: http://www.euromemo.eu/information_and_support/index.html.

Registration form for the 17th Workshop on Alternative Economic Policy in Europe
(please reply to euromemo@uni-bremen.de by 30 June 2011)
Yes, I intend to participate in the 17th Workshop on Alternative Economic Policy in Europe
(16-18 September 2010 in Vienna)

First Name:

Last Name:

Institution:

Address:

Telephone:

e-mail:

Yes, I wish  to contribute a paper

Title of the Paper:

For the Saturday-morning Workshop on:

Abstract (max. 250 words):

*****

– EuroMemo Group – http://www.euromemo.eu

 

**END**

 

‘I believe in the afterlife.

It starts tomorrow,

When I go to work’

Cold Hands & Quarter Moon, ‘Human Herbs’ at: http://www.myspace.com/coldhandsmusic (recording) and http://www.youtube.com/watch?v=2h7tUq0HjIk (live)

 

‘Maximum levels of boredom

Disguised as maximum fun’

Cold Hands & Quarter Moon, ‘Stagnant’ at: http://www.myspace.com/coldhandsmusic (recording) and http://www.youtube.com/watch?v=GLjxeHvvhJQ (live, at the Belle View pub, Bangor, north Wales)  

 

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

The Ockress: http://www.theockress.com

Rikowski Point: http://rikowskipoint.blogspot.com

Volumizer: http://glennrikowski.blogspot.com

Money, money, money

PRIVATE EQUITY, CORPORATE TURBULENCE AND LABOUR REGULATION

Call for Papers
Private Equity, Corporate Turbulence and Labour Regulation

ESRC/Middlesex University One Day Workshop
Monday June 13th  2011, University of Geneva, Switzerland

Concerns over the role of private equity in shaping corporate behaviour were already apparent in the years immediately preceding the Great Financial Crash of 2008. In 2006 alone buy-outs of businesses by private equity organisations amounted to US$ 725bn. – equivalent to the economies of Argentina, Poland and South Africa combined. One quarter of all takeovers before the financial crash were financed by such private equity.

Major household names, such as Nabisco, Carrefour, Gate Gourmet and EMI have already fallen to such venture capital. Private equity finance depends on leverage, or the ability to borrow money to raise more finance. There is thus a dependence on debt, which enormously increases the risk of such investment. Up until the financial crash such risky ventures produced huge returns for the financiers, but after the crash such debt led to huge losses. Harvard University, for example, lost millions of dollars from its funds after it had mistakenly switched to private equity investment as an alternative to stocks and bonds. The result was lay-offs and redundancies of workers to cover the cost, a pattern of events being repeated elsewhere for workers whose employing organisation is dependent on debt finance.

Such ‘short-termism’ appears built in to the private equity model, as the financiers seek immediate gains from their investments at the cost of longer term corporate stability. Employees and their unions are faced with continuous episodes of restructuring as corporations are treated as ‘bundles of assets’ and plants are sold off to make profits or avoid losses. Productive investment in a company becomes less likely, as it is an additional cost to the remote owners. Workers suffer from increased job insecurity as off-shoring and contracting-out is encouraged, while industrial relations and collective bargaining becomes a casualty of corporate instability and ‘invisible’ employers.

This seminar will discuss and debate the continuing problems of private equity finance and corporate turbulence by bringing together academics and practitioners from trade unions, government bodies, employers and NGOs to discuss policy initiatives. The seminar is convened by Middlesex University, London and funded by the UK’s Economic and Social Research Council. It is part of a series of seminars examining global labour regulation in the international economy. Previous seminars reviewed problems arising from the increasing use of contract and agency labour, and migrant workers.

Overview speakers include:

Professor John Grahl (Middlesex University) on Restructuring under the Rule of the Capital Markets: the case of private equity? and
Professor Geoff Wood (Sheffield University), Professor Marc Goergen (Cardiff University) and Professor Noel O’Sullivan (University of Sheffield) with a data presentation on The Employment Consequences of Private Equity Acquisitions: The Case of Institutional Buy-Outs.

Plus speakers from International Trade Union Federations on the trade union response.

If you wish to contribute a paper to this seminar, or wish to attend as a delegate please contact below. We are particularly keen to hear case study presentations on labour-related problems flowing from private equity and institutional buy-outs. Some financial assistance may be available for selected presenters to cover costs of travel and accommodation.

For more information, and registration at the Seminar, please contact Professor Martin Upchurch, Middlesex University, London, UK: m.upchurch@mdx.ac.uk or Denise Arden d.arden@mdx.ac.uk

Further information on the seminar series can be found at Beyond Labour Regulation blog: http://www.globalworkonline.net/blog/private-equity-corporate-turbulence-and-labour-regulation/

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

The Ockress: http://www.theockress.com

Rikowski Point: http://rikowskipoint.blogspot.com

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski

Volumizer: http://glennrikowski.blogspot.com

Capitalism in Crisis

BEYOND THE HEADLINES – THE POLITICAL ECONOMY OF THE CRISIS

A workshop organised by the Political Economy Research Group

Tuesday 15th June, 9.00-6.00pm
John Galsworthy building JG1005 and JG1006,
Penrhyn Road campus, Kingston University

World capitalism has entered its worst economic crisis since the inter-war period of the twentieth century. Is this crisis simply due to poor regulation of the financial sector or does it reflect an intrinsic instability in capitalism? Does it mark the end of Neoliberalism? What economic policy conclusions are we to draw from the crisis and what will the new rules for financial regulation, monetary policy and fiscal policy look like? Do we need minor reforms or is capitalism itself in question? The workshop will discuss the causes and the nature of the present crisis as well as the future of economic policy, with a special focus on Europe.

Timetable

9.00     Registration + coffee

9.30     Opening (TBA)

10.00-12.00    The causes and the nature of the crisis, chair: Julian Wells

* John Grahl, Middlesex University:  Financial causes of the crisis

* Engelbert Stockhammer, Kingston University: Neoliberalism, income distribution and the causes of the crisis

* Alan Freeman, Association for Heterodox Economics: The causes of the USA’s long-term economic decline

Lunch

13.30-15.30    The future of monetary and fiscal policy, chair: Paul Auerbach

* Victoria Chick, University College London: The return of Keynes?

* Dominique Plihon, University Paris 13: The new role of central banks in financial regulation

* Philip Arestis, Cambridge University: Current Crisis and Economic Policy Implications

16.00-18.00    The future of economic policy in Europe, chair: Engelbert Stockhammer

* Costas Lapavitsas, SOAS: Beggar your neighbour and thyself

*   Ozlem Onaran, Middlesex University:  The Crisis in Europe, East and West

* Malcolm Sawyer, Leeds University: Can the European Union ever have full employment?

Reception

The Political Economy Research Group:

The Political Economy approach highlights the role of effective demand, institutions and social conflict in economic analysis and thereby builds on Austrian, Institutionalist, Marxist, and Keynesian traditions. Economic processes are perceived to be embedded in social relations that must be analysed in the context of historical considerations, power relations and social norms.  As a consequence, a broad range of methodological approaches is employed, and cooperation with other disciplines, including history, law and other social sciences, is necessary.

Booking and further information:
Participation is free, but registration is necessary at http://fass.kingston.ac.uk/activities/conferences/register/
For more information, please visit: http://fass.kingston.ac.uk/activities/item.php?updatenum=1381
For directions: http://www.kingston.ac.uk/aboutkingstonuniversity/location/howtofindus/

Capitalist Crisis

Posted here by Glenn Rikowski

All that is Solid for Glenn Rikowski: https://rikowski.wordpress.com

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

Cold Hands & Quarter Moon at MySpace: http://www.myspace.com/coldhandsmusic

Wavering on Ether: http://blog.myspace.com/glennrikowski