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Publications

Takeovers and the Public Interest
Author: Aeron Davis, David Offenbach, Richard Stevens & Nick Grant
Date:04 July 2013
For the last three decades annual percentage rises in executive pay for large FTSE companies in the UK have grown at a rate far outstripping those of both company growth and productivity rates while at the same time real wages have fallen for the majority of low and middle income earners. One driver of this trend is that financial activity including takeover activity, has become increasingly short-termist in nature.
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The Politics of Growth, Stability and Reform
Author: Policy Network & Global Progress
Date:09 April 2013
This publication of "Memos to the Left" focuses on 3 pillars of progressive governance that need sustained attention, critical thinking and new ideas: the politics of growth, production and reform; lifting living standards and providing good jobs in an era of increasing global competition; equipping young people for the new economy and tackling youth unemployment.
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Gearing EU Governance towards Future Growth
Author: Renaud Thillaye
Date:14 March 2013
The side-lining of Europe 2020 and its worrying consequences. The Europe 2020 Strategy should not be considered as a ‘good-weather strategy’ only.  The EU has to find a sense of purpose again.
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Legislating for Responsible Capitalism
Author: Stephen Hockman QC
Date:17 December 2012
This paper proposes a series of legal amendments which can be made to improve the monitoring, transparency and accountability of corporate power.
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The Risk-Reward Nexus
Author: William Lazonick & Mariana Mazzucato
Date:26 November 2012
This paper offers a new perspective on why 'smart' innovation-led growth has not led to 'inclusive growth'. It argues that there is a disproportionate balance between the 'collective' distribution of risk taking in the innovation process (e.g. 'open innovation'), and the increasingly narrow distribution of the rewards.
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Eurozone Governance
Author: Policy Network & WIFO
Date:08 November 2012
New Policy Brief on Eurozone Governance:

Reconciling the short and the long run: Eurozone governance reforms to solve the crisis and beyond.
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A Progressive Economic Strategy
Author: Wendy Carlin
Date:11 October 2012
A way of looking at the challenges for a progressive economic strategy is to see the complementarity among policies that: boost innovation; reduce inequality in assets and in market income; and foster the growth of good jobs in the labour-absorbing service sector.
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Steering Europe out of the Crisis
Author: Loukas Tsoukalis
Date:10 October 2012
Europe must avoid at all costs a prolonged double-dip recession, with the weakest members of the Eurozone leading a desperate suicide dance. The key challenges lie in balancing the burden of adjustment between creditors and debtors, regaining confidence in the irreversibility of Europe’s currency union and restoring the political capacity of both national and European institutions to transform market driven democracies into democratically regulated markets.
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Governing as Social Democrats
Author: Patrick Diamond
Date:09 October 2012
The redistributive model of the state is in crisis. Post-crisis social democracy should be animated by a dual mission: pursuing resilience in our societies and institutions; and structural reforms geared towards sustainable growth and human capital investment.
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On Growth
Author: Larry Summers
Date:17 September 2012
Four years into the crisis, the industrial world has reached a moment of extraordinary importance in political economy.
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