Political Economy

City Political Economy Research Centre

Welcome to the City Political Economy Research Centre (CITYPERC)

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CITYPERC is London’s hub for expert analysis on politics and economics. The Centre brings together world-leading expertise from academia, public policy, the financial sector and civil society to address key issues and challenges facing global capitalism today.

Established in 2012, the Centre has rapidly become a focus for interdisciplinary research across the UK, Europe and beyond. CITYPERC has promoted innovative workshops, conferences and public events on contemporary issues including tax justice, austerity economics, shadow banking and financial regulation. The Centre designed and developed the first BSc degree programme in International Political Economy in the UK, which opened at City’s Department of International Politics in 2014.


CITYPERC Report on Amazon's tax avoidance

The Amazon method: How to take advantage of the international system to avoid tax
CITYPERC Policy Report, May 2021

Richard Phillips, Jenaline Pyle, Ronen Palan

People & Partners

Core Team

Fellows

  • Grietje Baars, Senior Lecturer, The City Law School
  • Daniel Beunza Ibanez, Associate Professor of Management, Bayes Business School
  • Jean-Christophe Graz, Professor of International Relations, University of Lausanne
  • Juvaria Jafri, Postdoctoral Researcher, Cambridge Judge Business School
  • Andrew Jones, Professor of Economic Geography, City, University of London
  • Iosif Kovras, Associate Professor of Political Science, University of Cyprus
  • Steffen Murau, Postdoctoral Fellow in International Political Economy, Boston University
  • Avinash Persaud, Professor Emeritus, Gresham College
  • Hannah Peterson, Postdoctoral Fellow, City, University of London
  • Ann Pettifor, Director, Policy Research in Macroeconomics
  • Brunello Rosa, CEO and Head of Research, Rosa & Roubini Associates
  • Josh Ryan-Collins, Senior Research Fellow, UCL Institute for Innovation and Public Purpose
  • Andrei Sandu, Postdoctoral Fellow, London School of Economics
  • Steve Schifferes, Honorary Research Fellow, CITYPERC
  • Mark Herman Schwartz, Professor of Politics, University of Virginia
  • André Spicer, Professor of Organisational Behaviour, City Business School
  • Geoff Tily, Senior Economist, Trades Union Congress

Doctoral Fellows

  • Aimira Imanova
  • Etienne Lepers
  • Aggela Papadopoulou
  • Jenaline Pyle
  • Xinyi Wei

Institutional Partners

European Association for Evolutionary Political Economy

Finance and Society Network

Working Papers

2021

2020

2018

2017

2016

2015

2014

2013

2012

  • Luigi Russi, A Second Look at the 2007-08 Food Price Crisis: Considering the Impact of Endogenous Dynamics on Food Prices, CITYPERC Working Paper Series No. 2012-01

    Activities

    2021

    2020

    2019

    • CITYPERC hosts Intersections of Finance Society 2019, the 4th annual conference of the Finance and Society Network (FSN). 12-13 December 2019.
    • Public seminar with Professor Ronen Palan (City): “Arbitrage Power and the Vanishing Financial Firm.” 11 December 2019.

    2018

    • Public seminar with Michel Feher: “Rated Agency: Investee Politics in a Speculative Age.” 29 November 2018.
    • Public seminar with Professor Steven Vogel (UC Berkeley): “Marketcraft: How Governments Make Markets Work.” 9 March 2018.
    • CITYPERC Director Anastasia Nesvetailova interviewed by Al Jazeera News, discussing the diversification of the Saudi economy. 20 April 2018.
    • Building on two successful conferences at City, Dr Amin Samman (City) and Professor Martijn Konings (Sydney) launch the Finance and Society Network (FSN), an interdisciplinary research network dedicated to fostering new perspectives on the social implications of contemporary finance.

    2017

    • CITYPERC hosts another two-day conference on Intersections of Finance and Society. 2-3 November 2017.
    • Workshop (by invitation): “A Singapore on Thames? Brexit and the City of London.” 30 March 2017.
    • Public seminar with Professor Benjamin J. Cohen (UC Santa Barbara): “RMB Internationalisation: A Conflict of Statecrafts.” 22 March 2017.
    • Workshop (by invitation): “Finance Uncovered: The Tax Disclosure Project.” 28 February-3 March 2017.

    2016

    • Launch of new research project led by Professors Ronen Palan, Anastasia Nesvetailova and Richard Murphy. The project was awarded a €638.000 European Commission H2020 grant and is part of €5 million international research initiative that aims to discover the scale of tax revenue lost through tax avoidance and evasion across the European Union. 16 November 2016.
    • Launch of new research project led by Professors Ronen Palan, Anastasia Nesvetailova and Richard Murphy. The project was awarded a €1.739 million European Research Council grant, the first at City, and will focus on developing a framework to study the arbitrage power of multinational corporations through an innovative Corporate Processes and Linkages mapping methodology. 16 November 2016.
    • In association with the journal Finance and Society and the Social Studies of Finance Research Network at the University of Sydney, CITYPERC hosts a two-day conference on the Intersections of Finance and Society. The event focuses on contemporary money and finance, specifically aiming to forge new synergies between the field of political economy and perspectives from sociology, history, and philosophy. 3-4 November 2016.

    2015

    • Workshop (by invitation): “The Role of Debt in the Economy: QE and Beyond.” 2 December 2015.
    • Workshop (by invitation): “The 'Robin Hood' Tax: Towards a Policy Proposal.” 28 October 2015.
    • Professor Anastasia Nesvetailova interviewed on CNN, discussing her appointment to Labour's new Economic Advisory Committee and Corbyn's proposed anti-austerity programme, including the so-called ‘people's QE.’ 2 October 2015.
    • CITYPERC Director Anastasia Nesvetailova and Honorary Research Fellow Ann Pettifor join Nobel Laureate Joseph Stiglitz and Professors Thomas Piketty (Paris School of Economics), Mariana Mazzucato (Sussex), Danny Blanchflower (Dartmouth) and Simon Wren-Lewis (Oxford) in the newly appointed advisory panel to John McDonnell MP, the Labour Party's new Shadow Chancellor of the Exchequer. 27 September 2015.
    • Public seminar with Professor Emeritus Richard Higgott (University of Warwick): “The Institutionalisation of the East Asian Economic Order: Theory and Practice in the China-US Stand-Off.” 6 October 2015.
    • Dr Amin Samman (CITPERC) launches Finance and Society, a new journal dedicated to interrogating the social character of finance. 2 July 2015.
    • Public seminar with Ray Silvius (Winnipeg), Anastasia Nesvetailova (CITYPERC) and John Lough (Chatham House and BGR Gabara: “Money and Ideas behind Putin's Russia.” 17 June 2015.
    • Professor Ronen Palan interviewed by Vice magazine on tax avoidance and the difficulty of prosecution. 26 February 2015.

    2014

    • Professor Anastasia Nesvetailova publishes a piece in The Conversation: “Bank bailouts begin as Russia faces biggest challenge to date.” 23 December 2014.
    • Professor Anastasia Nesvetailova interviewed on CNBC, explaining how the Russian oil crash is now turning into a banking crisis. 22 December 2014.
    • Professor Anastasia Nesvetailova interviewed on Australia’s ABC News, commenting on Russia’s economic turmoil and its effect on ordinary Russians. 17 December 2004.
    • Professor Anastasia Nesvetailova interviewed on Channel 4 News, discussing the collapse of the rouble and the fragility of the Russian economy. 16 December 2014.
    • Public seminar with Professor Anastasia Nesvetailova (CITYPERC) and James Meadway (New Economics Foundation): “Shadow Banking and the Next Crisis.” 1 December 2014.
    • CITYPERC Sheffield Political Economy Research Institute (SPERI) workshop series: “The City of London and the Future of the British Economy.” 5 November 2014.
    • CITYPERC and Sheffield Political Economy Research Institute (SPERI) roundtable discussion with Brunello Rosa (Roubini Global Economics), Ann Pettifor (PRIME Economics), Geoff Tily (TUC), John Mills (John Mills Limited) and Paul Davies (Wall Street Journal): The Role of the City of London in the British Economy. 5 November 2014.
    • Professor Ronen Palan interviewed in The Guardian, discussing Luxembourg’s dealings as a tax haven. 6 November 2014.
    • Professor Ronen Palan interviewed on BBC Radio 4’s The World Tonight, debating Bridget Rosewell on the economic impact and global role of the City of London. 18 July 2014.
    • Dr Ann Pettifor interviewed on BBC Daily Politics, debating Spectator magazine’s Fraser Nelson on rising interest rates. 24 June 2014.
    • Public seminar with Dr Martha Poon (London School of Economics and Political Science): “The Making of Subprime Finance: From New Deal Institutions to Capital Markets.” 10 June 2014.
    • Dr Anastasia Nesvetailova and Dr Ann Pettifor join Professor Tim Jackson (University of Surrey) and Ben Dyson (founder of Positive Money) in a panel discussion at the House of Commons as part of the People's Parliament series hosted by John McDonnell MP: “Making Money Work for People and Planet.” 25 June 2014.
    • Professor Ronen Palan interviewed on RT’s Going Underground, discussing the City of London’s global financial power as an offshore centre and tax haven. 7 May 2014.
    • Dr Anastasia Nesvetailova publishes a piece on Financial Times Alphaville: “Making a Non-Western Payment Card System, in Russia.” 25 April 2014.
    • Public seminar with Professor Radhika Desai (University of Manitoba): "After Globalisation, US Empire and Geopolitics.” 3 February 2014.

    2013

    • Public seminar with Josh Ryan-Collins (New Economics Foundation): “Where Does the Money Go? Strategic Quantitative Easing.” 10 December 2013.
    • Public seminar with Benjamin Braun (University of Warwick and Université Libre de Bruxelles): “Governing (through) Expectations: Performativity, Credibility and Knowledge in Monetary Policy.” 12 November 2013.
    • Public seminar with Professor Maxim Bratersky (Higher School of Economics, Moscow): “Rebuilding the Empire: Eurasian Union or Pax Russica?” 16 October 2013.
    • Public seminar with Dr Ann Pettifor (PRIME Economics and CITYPERC): “Jubilee 2000 Debt Campaign: An Insider View.” 14 October 2013.
    • Public seminar with Professor Herman Schwartz (University of Virginia and CITYPERC): “The New Politics of Business: From a Physical to an Intangible Economy.” 9 October 2013.
    • Workshop (by invitation) with the Tax Justice Network: "Base Erosion and Profit Shifting: The Future of Corporate Taxation.” 4-5 July 2013.
    • Roundtable discussion with Professor Erik Gerding (University of Colorado Law School) and Professor Jan Toporowski (SOAS): “Debt, Bubbles, Financial Architecture and Law.” 24 June 2013.
    • Roundtable discussion with Professor Heikki Patomäki (University of Helsinki) and Dr Leila Simona Talani (King’s College London): “The Great Eurozone Disaster: What Future for the EU?” 12 March 2013.
    • Conference in cooperation with COST and Cass Business School: “Shadow Banking: A European Perspective.” 1-2 February 2013.