Financing Prosperity Hub

This is a research project from the UCL Institute for Global Prosperity

Project lead: Dr Christopher Harker
 

The challenge

The recent and rapid expansion of both private and public debt across the globe, and the inequality and harm this has caused makes the task of developing alternatives to financial debt urgently necessary. Reimagining debt will contribute to, and draw energy from, efforts to transform the role finance and growth economics play in shaping, sustaining and securing communities across the world.

Our approach

The hub aims to:

• Address existing alternatives to debt economies.
• Imagine alternatives for a more inclusive and sustainable economy.
• Consider and overcome the barriers to implementing these alternatives.

Since debt is intimately connected with work and wages, policy making, social relationships, health and wellbeing, and economic futures, the network draws together multiple forms of expertise from within and beyond the academy to address these challenges.

While focusing primarily on the UK, lessons from different places and historical periods are also incorporated

The network organises workshops, symposiums and other large events to exchange knowledge and discuss key themes.

Partners

The hub has worked with a number of organisations in East London and Palestine to explore critical alternatives to existing modes and practices of finance, including Money Advice and Education (Money A+E), Optimistic Productions/ Bank Job Pictures, Research for Action, the Palestine Monetary Authority and the Institute of Women’s Studies, Birzeit University. 

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