The simultaneous rise of populism and the decay of liberal democracy in East-Central Europe is in striking contrast to the optimism prevalent in previous decades about the region's future. Without exception, each country in East-Central Europe embraced a dependent export-led growth model in the...

The Degrowth Movement calls for "degrowth" - a reduction in GDP in advanced economies - to avert an ecological crisis. This paper argues that the Degrowth Movement misses that the West is already in a state resembling degrowth - a Great Stagnation. This state of degrowth and its correlates,...

The economic expansion witnessed in the last 0,08% of modern human history is an anomalous event. It has been compared to a "rocket ship that took off five seconds ago, and nobody knows where it's going." This paper explores the destiny of this rocket ship. It shows that economic growth cannot...

Agesichts des Klimawandels und anderer ökologischer Probleme finden die Positionender Degrowth- und Postwachstumsansätze vermehrt Anhänger:innen. Allerdings habendiese wachstumskritischen Ansätze viele Probleme. Die Wachstumskritik ist zwar in vielenBereichen berechtigt, die Schrumpfung oder...

The world is facing with challenges that were hard to imagine a few decades ago. The last century was one in which the world experienced the enthusiasm of progress as a result of the implementation of methods proposed by neoclassical growth theory. The effects of climate change cause us to...

We contribute to the recent debate in post-Keynesian economics (PKE), comparative political economy (CPE) and international political economy (IPE) on growth regimes. The paper presents an analysis of changes in demand-led growth regimes in the BRICs countries, Brazil, Russia, India, and China,...

We analyze the causes of the apparent bias towards optimism in growth forecasts underpinning the design of IMF-supported programs, which has been documented in the literature. We find that financial variables observable to forecasters are strong predictors of growth forecast errors. The greater...

We analyse Italy's growth pattern from 2001 to 2019 using the demand and growth regime categories proposed in the post-Keynesian tradition and recently adopted in the comparative political economy (CPE) literature. We argue that Italy followed an export-led recovery strategy after the Global...