PSL Quarterly Review
Scope & Guideline
Bridging Theory and Practice in Academia
Introduction
Aims and Scopes
- Heterodox Economic Theory:
The journal primarily promotes heterodox economic theories, including Post-Keynesian, Kaldorian, and neo-Schumpeterian frameworks, which critique traditional economic models and provide alternative insights into economic phenomena. - Productivity and Economic Growth:
A significant focus on productivity measurement and its implications for economic growth, particularly in relation to labor productivity and structural changes in various economies. - Income Distribution and Social Justice:
Research on income distribution, social equity, and the impacts of economic policies on different socio-economic groups, reflecting a commitment to exploring the socio-political dimensions of economics. - Monetary Policy and Financial Systems:
Investigations into the role of monetary policy, banking systems, and financialization, particularly how these factors influence economic stability and growth. - Global Economic Dynamics:
Analysis of global economic interdependencies, including the effects of international trade, external shocks, and geopolitical events on national economies. - Environmental Economics and Sustainability:
Emerging discussions on the intersection of economic practices and environmental sustainability, addressing the challenges posed by climate change and resource management.
Trending and Emerging
- Impact of Global Crises on Economies:
There is an increasing emphasis on understanding the economic implications of global crises, such as the COVID-19 pandemic and geopolitical tensions, illustrating the relevance of timely analysis in economic research. - Labor Market Dynamics and Remote Work:
Emerging discussions on the dynamics of remote work, wage impacts, and labor rights reflect a growing recognition of changing labor market conditions and their socio-economic implications. - Sustainability and Environmental Economics:
A rising trend in research addressing the intersection of economic practices with sustainability, focusing on low-carbon strategies and resource management in the context of climate change. - Financialization and Its Societal Impacts:
An increasing body of work examines the effects of financialization on economic stability, income distribution, and social justice, indicating a deepening concern with the societal implications of financial practices. - Cryptocurrencies and Monetary Reform:
The exploration of cryptocurrencies and their potential role in democratizing finance and reshaping monetary systems is gaining traction, reflecting a broader interest in innovative financial instruments.
Declining or Waning
- Traditional Neoclassical Approaches:
There has been a noticeable decrease in publications adopting traditional neoclassical frameworks, as the journal's focus shifts toward more heterodox and critical analyses of economic theory. - Purely Theoretical Models without Empirical Evidence:
Papers that present theoretical models without substantial empirical backing are becoming less common, as the journal increasingly values empirical research that connects theory with real-world applications. - Focus on Simplistic Economic Indicators:
The reliance on basic economic indicators, such as GDP growth alone, is waning in favor of more complex analyses that consider broader social and economic factors. - Localized Economic Issues without Global Context:
Research that solely focuses on localized economic issues without situating them within a global or comparative framework is becoming less frequent, indicating a trend towards more integrative approaches.
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