Isabella Weber is an Assistant Professor of Economics and the Research Leader for China of the Political Economy Research Institute at the University of Massachusetts Amherst. Previously she was a Lecturer at Goldsmiths, London. She holds a Ph.D. in Development Studies from the University of Cambridge and a Ph.D. in Economics from the New School of Social Research.

June 21, 2023

Analysis

Feasibility Pact?

Systemic reform, debt, and political feasibility at the Summit for a New Global Financing Pact in Paris

, Federico Sibaja

A brewing sovereign debt crisis threatens to engulf as many as sixty-one countries in debt distress over the coming year. Aid flowing from the global North—which carries the most responsibility for the atmospheric carbon stock—to the global South—which bears the…

The Politics of the Price Level

August 5, 2022

Analysis

Pragmatic Prices

An excerpt from How China Escaped Shock Therapy

European and American traditions of economic theorizing on price control are intimately connected with war—practices and debates over price control peaked amid the two world wars. The experience of the First World War had been one of inflation and limited…

July 20, 2021

Analysis

Path Persistence

Global trade hierarchies across two eras of globalization

What is the legacy of the First Globalization of the late nineteenth- and early twentieth-centuries on the economic fortunes of countries during the Second Globalization? To what extent have countries’ positions in the international economic order been persistent across the…