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List of contents
Introduction Lukasz Mamica and Pasquale Tridico Part I: Theory, Policies and Institutions: A macroeconomic approach 1. Bridges to Babylon: Critical Economic Policy From Keynesian Macroeconomics to Evolutionary Macroeconomic Simulation Models Hardy Hanappi 2. Why Did Some Countries Perform Better Than Others During The 2007-12 Crisis? Pasquale Tridico 3. Aiding Economic Recovery after the Financial Crisis Malcolm Sawyer 4. Could More Labour Market Flexibility Help Growth? Lessons from an amended Kaleckian model Amitava Krishna Dutt, Sébastien Charles and Dany Lang 5. Institutions and Youth Labour Markets in Europe during the Crisis Niall O’Higgins Part II: Financial Regulations for Better Economic Stability 6. Financial Regulations for Minimizing Economic and Social Crises: An evolutionary developmental analysis with unequally rational individuals Pavel Pelikan 7. ‘Liquidity’ in Light of the Shadow Banking System: Lessons from the two crises Anastasia Nesvetailova 8. Financial Instability and Functional Finance: A Lerner-Minsky perspective Faruk Ülgen 9. Fiscal Consolidation and Sovereign Debt Risk in Balance-Sheet Recessions: An agent-based approach Marco Raberto, Silvano Cincotti and Andrea Teglio Part III: Competitiveness and Sustainability in Times of Crisis 10. Leading Factors for Catching-Up by Developing Economies: Conclusions from the crisis Tomasz Geodecki 11. Added Value of Design as a Factor of Firm Competitiveness in Times of Crisis Łukasz Mamica 12. The Decent Work Basic-Relations-Fairness Approach in a Context of Crisis in Italy Martina Lavagnini and Antonella Mennella 13. The Co-operative Firm: A lively non-capitalist actor for troubled market economies Andrea Bernardi and Anna Greenwood 14. Active Employment Policy in the EU and in Poland: A Gordian Knot or Inertia Enchanted in Words? Leszek Cybulski and Ewa Pancer-Cybulska
About the author
Łukasz Mamica is Senior Lecturer in Public Economy and Innovation Policy at the Krakow University of Economics, Poland.
Pasquale Tridico is Professor of Labour Economics and Jean Monnet Professor of European Integration Studies at the University Roma Tre, Italy. He is currently General Secretary of the European Association for Evolutionary Political Economy.
Summary
The key issue for current economic policy is to find a balance between the stabilisation of public finance and maintaining the momentum of long-term growth. This book argues that the reasons for the varied performances of the advanced economies lie in the economic policies which were introduced in the aftermath of the crisis and the differences in the regulation of their labour markets.
