Diverging Capitalisms

1. Front Matter

   Pages i-xiii

   PDF

2. Introduction: Brexit and European Capitalism—A Parting of the Waves?

   • Colin Hay, Daniel Bailey

   Pages 1-16

3. After Brexit: The Past and Future of the Anglo-Liberal Model

   • Andrew Gamble

   Pages 17-42

4. “Pragmatic Adaptation” and the Future of the City of London: Between Globalisation and Brexit

   • Leila Simona Talani

   Pages 43-71

5. The Limits of the City’s Structural Power: The City’s Offshore Interests and the Brexit Referendum

   • Helen Thompson

   Pages 73-97

6. European Union Financial Regulation, Banking Union, Capital Markets Union and the UK

   • Lucia Quaglia

   Pages 99-123

7. Integration and Disintegration: Two-Level Games in the EU

   • Waltraud Schelkle

   Pages 125-147

8. The UK’s Growth Model, Business Strategy and Brexit

   • Scott Lavery

   Pages 149-170

9. The Bed You Made: Social Democracy and Industrial Policy in the EU

   • Angela Wigger, Laura Horn

   Pages 171-193

10. Unusual Bedfellows? The IMF, Tackling Inequality and Social Democratic Policy Renewal

    • Ben Clift

    Pages 195-219

11. Back Matter

    Pages 221-224

    PDF

This book analyses the changing nature of the British economy and the consequences of Brexit upon its place within the European economic space. The overhang from the global financial crisis, the Eurozone crisis, the political negotiation of prolonged economic downturn and now the spectre of ‘Brexit’ provide the backdrop for various forms of capitalist restructuring designed to restore competitiveness and prosperity. This re-structuring has clear implications for existing European growth models, the structural imbalances and inequalities which characterise the British economy, the fortunes of the City of London and competing financial districts internationally, and the prospective strategies of progressive politics in this context. Adopting a broadly critical political economy lens – which gives analytical weight to the relationship between economic and political dynamics – the book will draw on the research of eminent scholars to assess divergence in the foundations of economic competitiveness and their social repercussions.

• Britain
• British capitalism
• European capitalisms
• Brexit
• Anglo-liberal capitalism
• UK economy
• European Economic Community
• post-Brexit development
• City of London
• British exceptionalism
• Treasury
• Bank of England
• pragmatic adaptation
• Cameron government
• Eurozone crisis
• offshore financial centre
• Euro
• sovereign debt crisis
• EU financial policy
• British influence
• British Politics

• Centre Etudes Europeennes, Universites Science Politique, Paris, France

  Colin Hay

• Political Economy Centre, University of Manchester, Manchester, UK

  Daniel Bailey

Colin Hay is Professor of Political Science in the Centre d’études européennes at Sciences Po, Paris, France, and the Department of Politics at the University of Sheffield, UK. He is also the Co-Director of the Sheffield Political Economy Research Institute.
 
Daniel Bailey is Post-Doctoral Research Fellow at the University of Manchester, UK, having previously worked at the Sheffield Political Economy Research Institute and the University of York.

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