Economic Policy, Institutions and Change

Organization profile

Organisation profile

EPIC is an interdisciplinary research group conducting research on contemporary economic dynamics in advanced, emerging and developing countries, with a particular interest in the relationship between economic policy and institutional change.

Our research can be organized in three overall themes, with each their main subthemes:

Capitalist transformations and development

  • the nature, pace and outcomes of capitalist transformation processes
  • the developmental state, industrial policy and economic development
  • the interplay of local firms and transnational companies in global value chains (GVCs)
  • employment promotion and informality in the Global South

International trade and sustainability

  • the drivers and impacts of foreign direct investment (FDI)
  • economic and social impacts of climate change
  • the promotion of sustainability in consumption, production and trade

Macroeconomics, money and finance

  • financialization, shareholder value and corporate governance regulation
  • the causes and consequences of macroeconomic imbalances, globally and regionally
  • dilemmas and crises of European integration
  • the changing objectives and practices of monetary policy and financial regulation

Researchers in the group provide unique insights on these issues by applying methodologies that emphasize in-depth country knowledge as well as comparative work and by employing both quantitative and qualitative analysis.

Theoretically, our research is multi-faceted, but we all share an interest in pluralism in economics and in global political economy. With respect to economics, the main theoretical strands we engage with are evolutionary economics, post-Keynesian economics and ecological economics.

Publication network

Recent external collaboration on country/territory level. Dive into details by clicking on the dots or
  • Comparative advantage, tourism

    Jensen, C. & Zhang, J., 30 Jun 2022, (Accepted/In press) Encyclopedia of Tourism. Jafari, J. & Xiao, H. (eds.). Springer

    Research output: Chapter in Book/Report/Conference proceedingEncyclopedia chapterResearchpeer-review

  • Concluding reflections

    Riisgaard, L., Mitullah, W. & Torm, N., 2022, Social Protection and Informal Workers in Sub-Saharan Africa: Lived Realities and Associational Experiences from Tanzania and Kenya. Riisgaard, L., Mitullah, W. V. & Torm, N. (eds.). 1 ed. London: Routledge, p. 240-252 13 p. (The Dynamics of Economic Space).

    Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

    Open Access
  • Convergence and divergence of workers' environment, associations, and access to social protection: Sectoral and country comparisons

    Mitullah, W., Riisgaard, L., Torm, N., Gervas, A., Indimuli, R., Kamau, A. W. & Kinyondo, G., 2022, Social Protection and Informal Workers in Sub-Saharan Africa: Lived Realities and Associational Experiences from Tanzania and Kenya. Riisgaard, L., Mitullah, W. V. & Torm, N. (eds.). 1 ed. London: Routledge, p. 220-239 20 p. (The Dynamics of Economic Space).

    Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

    Open Access