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Servaas Storm

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Servaas Storm is a Dutch economist and author who works on macroeconomics, technological progress, income distribution & economic growth, finance, development and structural change, and climate change.

He is a Senior Lecturer at Delft University of Technology. He obtained a PhD in Economics (in 1992) from Erasmus University Rotterdam. His work has appeared in Cambridge Journal of Economics, Development and Change, Eastern Economic Review, Industrial Relations, International Review of Applied Economics, International Journal of Political Economy, Journal of Post Keynesian Economics, Journal of Development Economics and Structural Change and Economic Dynamics.

His latest book, co-authored by C.W.M. Naastepad, is Macroeconomics Beyond the NAIRU (Harvard University Press, 2012) and winner of the 2013 Myrdal Prize of the European Association for Evolutionary Political Economy. Servaas Storm is one of the editors of Development and Change and a member of the Institute for New Economic Thinking’s Working Group on the Political Economy of Distribution.


By this expert

Who Says Labor Laws Are “Luxuries”?

Article | Jun 11, 2018

The World Bank and IMF say developing economies can’t afford to have strong labor laws. Actually, they can’t afford not to.

Labor Institutions and Development Under Globalization

Paper Working Paper Series | | Jun 2018

Labor market regulation is a controversial area of public policy in both developed and developing countries.

With Official Unemployment This Low, Why Are Wages Rising So Slowly?

Article | Feb 26, 2018

By pushing workers into precarious, part-time work, “Third Way” governments of the past 20 years helped to create the disturbing economic trend that’s vexing orthodox economists

Financial Markets Have Taken Over the Economy. To Prevent Another Crisis, They Must Be Brought to Heel.

Article | Feb 13, 2018

Banks have long had undue influence in society. But with the rapid expansion of a financial sector that transforms all debts and assets into tradable commodities, we are faced with something far worse: financial markets with an only abstract, inflated, and destabilizing relationship with the real economy. To prevent another crisis, finance must be domesticated and turned into a useful servant of society. 

Featuring this expert

Reawakening

From the Origins of Economic Ideas to the Challenges of Our Time

Event Conference #INET2017 | Oct 21–23, 2017

INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.

Wage Moderation and Productivity in Europe

Article | Jan 28, 2016

Recently, our analysis has been questioned by Servaas Storm who has claimed that it is untenable to blame neo-mercantilist Germany for driving a wedge into the Eurozone. [i] It is shown below that Storm’s critique has a certain aplomb, but lacks substance.

Friendly Fire

Article | Jan 20, 2016

Comments on “German Wage Moderation and the Eurozone Crisis: A Critical Analysis” by Servaas Storm

Behind Europe's Populist Backlash: The Hunger Games of Mainstream Economics

Article | Jan 6, 2015

The turmoil of Brexit and the populist challenge across Europe are consequences of austerity policies that have brought misery to millions of ordinary voters. In this interview first published last January, Servaas Storm warned of the dangers of economic decision making divorced from democracy and from the social consequences of its prescriptions

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