The Sheffield Political Economy Research Institute (SPERI) is an innovation in higher education research and outreach. It brings together leading international researchers in the social sciences, policy makers, journalists and opinion formers to reassess and develop proposals in response to the political and economic issues posed by the current combination of financial crisis, shifting economic power and environmental threat. Building a Sustainable Political Economy: SPERI Research & Policy will serve as a key outlet for SPERI's published work. Each title will summarise and disseminate to an academic and postgraduate student audience, as well as directly to policy-makers and journalists, key policy-oriented research findings designed to further the development of a more sustainable future for the national, regional and world economy following the global financial crisis. It takes a holistic and interdisciplinary view of political economy in which the local, national, regional and global interact at all times and in complex ways. The SPERI research agenda, and hence the focus of the series, seeks to explore the core economic and political questions that require us to develop a new sustainable model of political economy.t at all times and in complex ways.