Skip to main content
School of Business and Management

Dr Giorgos Galanis


Senior Lecturer in Applied Economics




  • Senior Lecturer
  • PhD Admissions Tutor (Quantitative)
  • Member of the Department of Business Analytics and Applied Economics

Giorgos Galanis is a quantitative and mathematical political economist interested in questions related to sustainability, social justice, income distribution and health.

He holds a PhD in Economics from the University of Warwick and a PhD in Mathematical Methods and Systems from City, University of London. Prior to this, he studied Finance and Development; and Mathematics in London and Athens.

Before joining Queen Mary, University of London, Giorgos was a Senior Lecturer in Economics at Goldsmiths, University of London and a Senior Research Economist at the New Economics Foundation. Outside of Queen Mary, Giorgos is an Associate Research Fellow at the Centre for Research in Economic Theory and its Applications (CRETA) at Warwick, a Research Associate at the Centre of Applied Macroeconomic Analysis (CAMA) at the Australian National University, and a Fellow of the Royal Society of Arts (FRSA).



BUS163: Introduction to Economics


BUSM014: Quantitative Research Methods


Research Interests:

Giorgos’s current research interests lie at the intersection of economics with political philosophy, (international) political economy and sustainable development. His work utilises insights from behavioural science and different schools of thought within political economy and combines analytical and computational tools to answer questions related to sustainability, social justice, health, and income distribution.


Publications in refereed journals:

  • Financialization and the Rise of Atypical Work (with G. Gouzoulis and P.Iliopoulos), British Journal of Industrial Relations, in press
  • Sectoral Market Power in Global Production: A Theoretical and Observational Study (with P. Iliopoulos, A. Kumar and L. Popoyan), Complex Systems Analysis, 2022, 25 (2)
  • Behavioural Utilitarianism and Distributive Justice (with R. Veneziani), Economics Letters , 2022, 215
  • Pandemics and Economic Activity: A Simple Framework for Policy Analysis (with P. Flaschel, D. Tavani and R. Veneziani), Review of Behavioral Economics, 2022, 9(1)
  • A Behavioural SIR Model: Implications for Physical Distancing Decisions (with G. Baskozos and C. Di Guilmi) Review of Behavioral Economics, 2022, 9(1)
  • The effectiveness of Non Pharmaceutical Interventions in reducing the outcomes of the COVID-19 epidemic in the UK, an observational and modelling study (with G. Baskozos, C. Di Guilmi and D. Bennett), PLOS One, 2021 2pt
  • The impact of financialisation on public health in times of COVID-19 and beyond (with G. Gouzoulis), Sociology of Health & Illness, 2021,
  • Convergence and divergence in dynamic voting with inequality (with C. Di Guilmi), Journal of Economic Behavior and Organization, 2021, 187: 137-158
  • Incorporating Social Determinants of Health into Modelling of Infectious Diseases: A Baseline Socio-economic Compartmental Model (with A. Hanieh), Social Science & Medicine, 2021, 274: 113794
  • Heterogeneity and Clustering of Defaults (with A. K. Karlis, S. Terovitis and M. S. Turner), Quantitative Finance, 2021
  • A Dynamic Spatial Model of Global Value Chains Governance (with A. Kumar), Environment and Planning A, 2021, 53: 53-72
  • The dynamics of inequalities and unequal exchange of labor in intertemporal linear economies (with R. Veneziani and N. Yoshihara), Journal of Economic Dynamics and Control, 2019, vol. 100, pp. 29-46
  • Climate Change, Financial Stability and Monetary Policy (with Y. Dafermos and M. Nikolaidi), Ecological Economics, 2018 vol. 152, pp. 219-234
  • Macroeconomic and Stock Market Interactions under Endogenous Aggregate Sentiment Dynamics (with M. Charpe, P. Flaschel, C. Proano and R. Veneziani), Journal of Economic Dynamics and Control, 2018, vol. 91, pp. 237-256
  • Equality of When? (with R. Veneziani), OEconomia: History| Methodology| Philosophy, 2017, vol. 7, pp. 25-59.
  • A Stock-Flow-Fund Ecological Macroeconomic Model (with Y. Dafermos and M. Nikolaidi), Ecological Economics, 2017, vol 131, pp. 191–207
  • Income Distribution and Growth: A Global Model (with O. Onaran), Environment and Planning A, 2014, vol 46, pp. 2489- 2513
  • Nearest Common Root of Polynomials, Approximate Greatest Common Divisor and the Structured Singular Value (with G. Halikias, N. Karcanias and E. Milonidis), IMA Journal of Mathematical Control and Information, 2012 doi: 10.1093/imamci/dns032
  • Dynamic Polynomial Combinants and Generalised Resultants: Parameterization according to Order and Degree (with N. Karcanias), IFAC Proceedings Volumes, 2010, vol. 43, pp. 46-53
  • Dynamic Polynomial Combinants and Generalised Resultants (with N. Karcanias), Bulletin of the Greek Mathematical Society, 2010, vol 57, pp. 229-250.


Other publications:

  • Fund-Service Resources entry in D. Haddad and B. D. Solomon (eds.), ‘Dictionary of Ecological Economics’ Edward Elgar (2022).
  • Mind the gap: monetary policy and financial regulations for supporting green finance (with L. Popoyan) forthcoming in L. P. Rochon, S. Kappes and G. Vallet (eds.), ‘Central Banking, Monetary Policy and the Environment’ Edward Elgar (2022).
  • The Origins of Capitalism as a Social System: The Prevalence of an Aleatory Encounter, by John Milios, Abingdon, Routledge, 2018, 242 pp, Book Review, Review of Political Economy, (2021).
  • Modelling the Pandemic response letter (with A. Hanieh), British Medical Journal (2020)
  • Is Aggregate Demand Wage-led or Profit-led? (with O. Onaran), in M. Lavoie and E.Stockhammer (eds.) Wage Led Growth: An Equitable Strategy for Economic Recovery, Edward Elgar (2013).


Policy reports:

  • Definancialisation and Workspace Regulation as a Public Health Policy Tool (with G. Gouzoulis), Policy Research Briefings, University of Bristol (2021).
  • Can Green Quantitative Easing Reduce Global Warming? (with Y. Dafermos and M. Nikolaidi), Foundation for European Progressive Studies, Policy Brief (2018).
  • A New Ecological Macroeconomic Model: analysing the interactions between the ecosystem, the financial system and the macroeconomy (with Y. Dafermos and M. Nikolaidi), New Economics Foundation Policy Brief (2015).
  • Is Aggregate Demand Wage-led or Profit-led? National and Global Effects (with O. Onaran), Conditions of Work and Employment Series No. 40, International Labour Office (2012).
Back to top