Economic Policy, Institutions and Change

Organization 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.

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. Our work contributes towards the following SDG(s):

  • SDG 12 - Responsible Consumption and Production
  • SDG 13 - Climate Action
  • SDG 15 - Life on Land
  • SDG 17 - Partnerships for the Goals

Publication network

Recent external collaboration on country/territory level. Dive into details by clicking on the dots or
  • Lærebogsprisen 2022

    Nielsen, Peter (Recipient) & Buch-Hansen, Hubert (Recipient), 4 Nov 2022

    Prize: Prizes, scholarships, distinctions