Abstract

On June 9–12, 2015, the International Conference of Research & Regulation 2015 was held in Paris. The theme of this international conference was “the theory of regulation in times of crises,” and around 200 experts and academics from all over the world attended this distinguished conference. Centering on this theme, the hosts selected over 170 papers from those submitted and divided them into 23 topics, among which topics such as reflection and criticism on the economics methodology, labor-management relations and capitalism crisis, financial system and development mode in the post-crisis era, sustainable development and global governance, capitalism diversity and East Asian economy are emphasized and discussed. Many academics who attended the conference also proposed a lot of useful ideas, suggestions for the development of regulation theory, as well as theories and proposals for criticism on neoclassical economics, the emergence system of economic crisis, improvement of global economy, environment and sustainable development, capitalism diversity and development of East Asian economy.

Highlights

  • The International Conference of Research & Regulation 2015, hosted by the French Laboratory for Social Dynamics and Space Recomposition (Laboratoire Dynamiques Sociales et Recomposition des Espaces) and the National Institute of Oriental Languages and Civilizations (Institut national des langues et civilisations orientales), was held on June 9–12, 2015 in Paris, France

  • The hosts selected over 170 papers from those submitted and divided them into 23 topics, among which topics such as reflection and criticism on the economics methodology, labor-management relations and capitalism crisis, financial system and development mode in the post-crisis era, sustainable development and global governance, capitalism diversity and East Asian economy are emphasized and discussed

  • Many academics who attended the conference proposed a lot of useful ideas, suggestions for the development of regulation theory, as well as theories and proposals for criticism on neoclassical economics, the emergence system of economic crisis, improvement of global economy, environment and sustainable development, capitalism diversity and development of East Asian economy

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Summary

Reflection and Criticism on the Economics Methodology

Hiroyuki Uni, a professor from Kyoto University, Japan, pointed out that one of the biggest challenges that regulation theory should meet was how to establish an institutional basis for microeconomics. Regulation theory should further explore the institutions for coordinating the conflicts of interests on the basis of the Commons’ theory. Kitagawa proposed that in old institutional economics, collective action was the regulator of value theory, and the power that drove collective action was will in transaction. All these shed light on the establishment of the institutional basis of microeconomics founded on regulation theory. Hale Balseven, a professor from Ankara University of Turkey, pointed out that the 2008 global crisis showed the narrowness and inadequacy of the approaches of neoclassical economics They provided some viewpoints, they remained essentially descriptive and were less insightful than those of the regulation theory. Research on the forms of state intervention in economic theory as well as its applications in specific countries, in specific institutions, and in specific economic policies successfully revealed the causes and processes of capitalist crisis and enlightened Turkey to carry forward the approaches of the state intervention

Labor-Management Relations and Capitalism Crisis
Financial System and Development Mode in the Post-crisis Era
Sustainable Development and Global Improvement
Capitalism Diversity and East Asian Economy
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