Abstract

We hold annual conferences on the crisis in traditional economic theory. New approaches are presented. I am pleased to draw your attention to the 2015 event:

Emerging Economies During and After the Great Recession

Thursday 26 March 2015 St Catharine’s College, Cambridge, UK

The conference is organised by the Cambridge Trust for New Thinking in Economics. Registered charity no.1111552

Places are limited, so please register quickly. There is a special rate for academic and not-for-profit bookings. There are also a few FREE places for students in relevant fields.

Purpose of conference: The conference will look at emerging economies and their experiences in the great recession. The first four papers will provide a general analysis of the recession’s causes and impact and the policy responses, along with examples from three regions: Africa, the Middle East and Latin America. The other four papers will provide an overview of the recession in emerging countries along with the country-level impact, with three case studies from China, India and Turkey. A main focal point of all eight papers is to analyse how prevention and intervention were in varying degrees used to diminish the impact of the recession. The conference will be held under the aegis of the Cambridge Trust for New Thinking in Economics and is intended to explore further the contributions to New Thinking in Economics – ‘New Economics’ – as the new mainstream. New Economics is concerned with institutional behaviour, expectations and uncertainty as opposed to traditional economics with its emphasis on equilibrium, mathematical formalism and deterministic solutions. With the financial crisis brought on by the unrestrained pursuit of personal and corporate profit, sanctioned by traditional economics, this is an opportune time to establish a new way of approaching economic understanding, based on new economic theory. It is also a good time to bring forward new ideas on the approach to economic policy across a wide range of areas (for example, macroeconomic and global governance, employment and unemployment, social security and pensions, as well as environmental issues). New thinking in economics is an interdisciplinary approach to economic problems that acknowledges and respects the insights and analysis of other disciplines, e.g. those of political science, ethics, history and engineering. It also recognises complexity and evolutionary theory as relevant to understanding economic systems and economic behaviour. We wish to emphasise the new thinking in economics that goes beyond the traditional approach, which arguably is no longer mainstream economics.

SPEAKERS :

Prof Terry Barker, Founder of the Cambridge Trust for New Thinking in Economics, Chairman of Cambridge Econometrics, Departmental Senior Fellow in the Cambridge Centre for Climate Change Mitigation Research (4CMR), Department of Land Economy, University of Cambridge.

Prof Philip Arestis, University Director of Research, Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge

Prof Malcolm Sawyer, Professor of Economics, University of Leeds

Prof Howard Stein, Center for Afro-American and African Studies, University of Michigan

Prof Massoud Karshenas, Professor of Economics, London Middle East Institute (LMEI), SOAS , University of London

Dr Hassan Hakimian, MBI Al Jaber Reader in Economics with reference to the Middle East, Director of Centre for Iranian Studies, SOAS , University of London

Prof Luiz Fernando de Paula, University of the State of Rio de Janeiro, Brazil

Prof Fernando Ferrari Filho, Department of Economics, Federal University of Rio Grande do Sul, Brazil

Dr Ahmad Seyf, Senior Lecturer in International Global Business, European Business School London, Regent’s Business School London

Dr Dic Lo, Reader in Economics, China Institute, SOAS , University of London

Prof Gurmail Singh, Department of Economics, Panjab University, Chandigarh, and Editor-In-Chief of Research Journal (Social Science)

Prof Ajit Singh, Emeritus Professor of Economics, University of Cambridge, and Panjab University, Chandigarh

Dr Cem Oyvat, Lecturer, University of Greenwich