This timely and far-reaching book addresses the long-term impact of the recent global economic crisis. New light is shed on the crisis and its historical roots, and resolutions for a more robust, resilient future socio-economic model are prescribed. Leading experts across a range of field including macroeconomics, politics, economic history, social policy, linguistics and global economic relations address key issues emerging from the crisis. They consider whether a new era in interactions between state, society and markets is actually dawning, and whether the finance-led economic growth model will be transformed into a new and more stable model. The role of the crisis in economy, polity and society, in shaking up existing institutional regimes and in paving the way for new ones is also discussed. Post-crisis combinations of state-society-economy relations are identified, and the question of whether the crisis has led to the reconsideration of economic relations and their institutional embeddedness is explored. This challenging book will provide a thought provoking read for academics, students and researchers focusing on economics, political science and sociology. Policymakers in the fields of economic, industrial and social policy will also find this book to be an informative point of reference
Contents: Before and Beyond the Global Economic Crisis: An Introduction Mats Benner 1. Crisis, Structural Change and New Conditions for Growth Lennart Schon 2. Responding to Economic Crisis: Macroeconomic Revolutions in the 1930s and 1970s Roger E. Backhouse 3. The Efficient Markets Hypothesis After the Crisis: A Methodological Analysis of the Evidence Fredrik Hansen 4. Macroeconomics After the Crisis: Bringing Finance Back In Robert Boyer 5. Discursive Strategies in Economic Texts Jan Svensson 6. Regulating the Family in Times of Economic Crisis: Sweden in the 1930s and the 1990s Asa Lundqvist 7. Economic Crises as Political Opportunities Johannes Lindvall 8. The 'New New Deal' as Response to the Euro-Crisis Bengt-Ake Lundvall 9. A Cultural Political Economy of Crisis Responses: The Turn to 'BRIC' and the Case of China Ngai-Ling Sum 10. The Metaphor Challenge of Future Economics: Growth and Sustainable Development in Swedish Media Discourse Anna W. Gustafsson 11. Macroprudential Supervision and Regulation - Lessons for the Next Crisis Lars Jonung 12. Recovered Imaginaries, Imagined Recoveries: A Cultural Political Economy of Crisis Construals and Crisis-Management in the North Atlantic Financial Crisis Bob Jessop Index