Cardiff Business School Events

Austerity and Crisis: Managing in the global economy

9 September 2013 to 10 September 2013

  • LocationCardiff Business School, Aberconway Building, Col, Cardiff, CF10 3EU

Since the financial crisis of 2007-8, economic growth has stagnated in the western economies and declined in the BRICs from its previous heights.

State rescues of banking systems have led to a crisis of public expenditure that has generated electoral change and major social disorder in some Eurozone countries as well as prompting others to engage in major austerity measures.

The resulting high levels of uncertainty about future demand, exacerbated by the overhang of personal debt in the US and the UK in particular, have led many firms to hold back on investment decisions whilst pushing forward plans to reduce employment levels and employment rights, hold down wages and salaries, as well as outsource and offshore to China, India and other emerging economies such as Vietnam an increasing range of labour and knowledge intensive activities.

In this conference, we wish to explore how these experiences of austerity and crisis are affecting the strategies pursued by states, multinational firms, SMEs and employers and employees' organisations. We invite papers in any area related to this outline. Themes we would particularly aim to encourage would be:

  • Responses of trade unions to firm restructuring and state austerity measures
  • The restructuring of work and non-work since the financial crisis
  • The Eurozone crisis and its impact on work and organization in the various countries of the Eurozone and elsewhere
  • Distributional struggles in work, welfare and taxation under conditions of austerity.
  • The changing role of China in the new global economy and the impact of the crisis on labour and employment in China
  • State policies towards austerity and growth and their impacts on firms, employment and welfare
  • Discourses of austerity and crisis; their origins and reproduction and the establishment of alternatives
  • The reconfiguration of global commodity chains in response to crisis
  • The role of finance and financial markets in shaping new corporate formations
  • Public sector restructuring, austerity and the public/private interface
  • The response of business schools and management education to austerity and crisis

We invite submissions for panels and for paper presentations.

For panels (90 minutes in length), organizers should submit a title for the panel, a list of 3-4 participants, a short abstract of the general theme of the panel and a paragraph on the contribution of each presenter.

For paper presentations, abstracts of 500 words are invited.

The conference will offer bursaries for doctoral participants. These will cover conference fees for up to 5 Doctoral students and may include a contribution to other costs depending on applications for funds which are still pending.

Applicants should apply by submitting their abstracts using our online form.

Additionally please email abstracts to Professor Glenn Morgan with ERU Conference bursary application in the email subject line.

Conference Organisers

Confirmed Plenary Speakers

Professor Peer Hull Kristensen

Copenhagen Business School. Author of 'Local Players in Global Games' (OUP 2005 with J. Zeitlin) and Nordic Capitalisms and Globalisation (OUP 2011 with K. Lilja)

Professor Karel Williams

Director of the Centre for Research on Socio-Cultural Change, University of Manchester: co-author 'After the Great Complacence: Financial Crisis and the Politics of Reform', (Oxford University Press, 2011), 'Financialization at Work: Key Texts and Commentary', (Routledge, 2008), Financialization and Strategy, Narrative and Numbers (Routledge, 2006).

Professor Michael Lounsbury

Alberta School of Business, University of Alberta: co-editor Markets on Trial: The economic sociology of the US Financial Crisis (Research in the Sociology of Organizations 2010); co-author The Institutional Logics Perspective (Oxford University Press 2012)

Provisional Timetable

Monday 9 September

  • 9:00 - 10:00 Registration
  • 10:00 - 11:15 Opening Plenary
    • Professor Mike Lounsbury (University of Alberta)
    • The Effects of the Financial Crisis
  • 11:15 - 11:30 Coffee
  • 11:30 - 1:00 Paper sessions
  • 1:00 - 2:00 Lunch
  • 2:00 - 3:30 Paper sessions
  • 3:30 - 4:00 Coffee
  • 4:00 - 5:15 Plenary
    • Professor Peer Hull Kristensen (Copenhagen Business School)
    • 'Fighting the Financial Crisis: The Social Construction and De-construction of the Financial Crisis in Denmark?'
    • Due to personal circumstances, Professor Mark Blyth has had to withdraw from the conference. He sends his apologies and has accepted an invitation to come to Cardiff later in the academic year (probably January 2014). If you would like to be kept informed about this event, please email Professor Glenn Morgan
  • 7:00 Conference dinner: Park Plaza hotel

Tuesday 10 September

  • 9:00 - 10:30 Paper sessions
  • 10:30 - 11:00 Coffee
  • 11:00 - 12:30 Paper sessions
  • 12:30 - 1:45 Lunch
  • 1:45 - 3:15 Paper sessions
  • 3:15 - 3:45 Coffee
  • 3:45 - 5:00 Closing Plenary
    • Professor Karel Williams (Manchester University)
    • Business Elites and Undemocracy

Registration information

Please register your attendance online, then complete and return the form below

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