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New book: Money and Inflation: A New Approach to Monetary Analysis for the 21st Century

Dr Mehdi Chowdhury of Bournemouth University Business School has published a book titled “Money and Inflation: A New Approach to Monetary Analysis for the 21st Century”. The publisher is Palgrave Macmillan.

A short summary:

The book aimed to develop a new scholarship on money and inflation on the background of the cost of living crisis faced by many countries of the world, and the inability of nation states to address monetary matters like inflation and the debt crisis.

Accordingly, the book proposes to go beyond the usual view of money expressed by monetary units like dollars, pounds, gold coins, bitcoins, bank money etc. and demonstrates that money is better identified as the ability of a person/party to obtain goods and services from another person/party. Such ability can originate via the possession of the money in usual sense, but also due to force, coercion, altruism, trust and human biological characteristics.

Money therefore encompasses all human activities and always in existence irrespective of forms or representation. Money, i.e., the ability to obtain originates due individual and social idiosyncrasies; and appears or disappear when those change. Inflation, instead of the usual measures expressed via the price indices, is identified as the increased need to utilise human body and mind to obtain goods and services from others. Hence inflation is connected with the availability of money, i.e. the ability to obtain of different segments of an economy. The causes of inflation are identified in the balance of triangle comprising non-market factors, the stored ability and the borrowed ability.

The current inflation can be explained by the increased desire to consume observed in modern societies, as well as the distortionary policies of governments favouring one section of the economy over another; both inducing individuals and sections to employ more body and mind to create money, i.e., the ability to obtain goods and services.

The book did not aim to provide a comprehensive analysis of economic policies, but the UK housing market has been studied to demonstrate how the policies taken during Covid-19 may have caused the inflation in the UK housing market through distortion.

The book suggests that the policies of the apex institutions like governments or central banks should on principle aim not to disrupt the balance of this triangle and to avoid distortion. This recommendation is equally applicable for the Third World countries; however, those countries should also aim to design economic policies to shield themselves from distortions caused by actions of international economic actors.

Individuals can also shield themselves from inflation i.e., the need to utilise more body and mind, by containing the desire to consume more that characterises modern societies.

Postgraduate Research Experience Survey (PRES) 2024


Have your say

PRES will launch on Monday 15 April 2024 for postgraduate research (PGR) students to complete.

Look out for an email from the University containing your unique link to the survey.


We are keen to make sure our PGRs have the best possible experience while studying with us. To do this, we need to know what you think works well and what as a University we could do better. This is your chance to tell us about your experience as a PGR at Bournemouth University. We also kindly ask that all supervisors encourage their PGRs to participate in the survey.

Thank you to all PGRs who completed the 2023 PRES survey – we listened to you and your feedback has helped us to enhance your PGR experience in a range of areas.

This year the survey will open on Monday 15 April 2024 and close on Thursday 16 May 2024. Upon completing the survey, PGRs will automatically entered into a free prize draw. Four winners will be able to claim a £50 shopping voucher. Terms and conditions apply.

In addition, we will be making a £1 donation for every survey completed to the student mental health wellbeing charity, Student Minds.

Once you have completed the survey, you are entitled to claim a coffee voucher worth £3.20, from the Doctoral College to use at any BU Chartwells outlet. Please come to the Doctoral College (DLG08, Talbot Campus) to collect your voucher. You will need to show a screen shot of the final page of the survey in order to claim your voucher.

How do I take part?

PGRs will receive an email from the University on Monday 15 April 2024 containing a unique link which will allow you to access and complete the survey. If you can’t find this email, contact PRES@bournemouth.ac.uk and we’ll help you to get access.

What will I be asked?

The survey will take around 15 minutes to complete. Your response is confidential, and any reporting will be entirely anonymous. The survey is your chance to tell us about your experience as a PGR at BU. It will ask you to share your views on supervision, resources, research community, progress and assessment, skills and professional development and wellbeing.

Why should I take part?

Your feedback is important. The Postgraduate Research Experience Survey is the only national survey of PGRs and so is the only way for us to compare how we are doing with other institutions and to make changes that will improve your experience in the future.

More information

If you would like to know more about the survey, please visit: PRES 2024.

We hope you take the opportunity to get involved this year and help us make improvements to your experience.

Best wishes,

The Doctoral College

For any PRES related queries, please email: PRES@bournemouth.ac.uk

The Month in Research: March 2024

A cartoon image of black and white hands clapping on a yellow background

The Month in Research

The Month in Research is our monthly round-up sharing research and knowledge exchange successes from across the previous month, showcasing the amazing work taking place across BU.

Your achievements

Thank you to everyone who has put forward their achievements, or those of colleagues, this month.

Funding

 Congratulations to all those who have had funding for research and knowledge exchange projects and activities awarded in January. Highlights include:

  • Dr Catherine Talbot (Faculty of Science and Technology) has been awarded c.£25,000 from the ESRC for their project EquaDem Network Plus: A national network on addressing inequalities in dementia diagnosis and care and building capacity, in partnership with Liverpool University (lead institution).
  • Dr Suelen Carls (Faculty of Media and Communication) has been awarded c.£25,000 by the Leverhulme Trust for their project International Business and Intellectual Property Rights in the Latin American Institutional Perspective
  • Professor Carol Clark (Faculty of Health and Social Sciences) has been awarded c.£2.6 million by the National Institute for Health Research (NIHR) for their project INSIGHT-BU, in partnership with University of the West of England (lead institution).
  • Several BU researchers have received c.£10,000 from the BA/Leverhulme Trust Small Grants scheme:

Dr Anna Metzger (Faculty of Science and Technology) for their project Haptic Virtual Materials

–  Dr Hyun-Joo Lim (Faculty of Health and Social Sciences) for their project How effective are menopause policies at universities in England

–  Dr Andrew M’Manga (Faculty of Science and Technology) for their project Investigating Security and Privacy Awareness Requirements for UK International Students New to Contactless Payments

–  Dr Matteo Toscani (Faculty of Science and Technology) for their project Modelling peripheral vision in natural scenes

–  Dr Alejandro Estudillo for their project Maximising the impact of “Achieving Best Evidence” interviews on face composite construction.

Publications

Congratulations to all those who have had work published across the last month. Below is a selection of publications from throughout March:

Content for The Month in Research has been collected using the research and knowledge exchange database (RED), the Bournemouth University Research Online (BURO) repository and submissions via The Month in Research online form. It is by no means intended to be an exhaustive list. All information is correct as of 28.3.24.

Please use The Month in Research online form to share your highlights and achievements, or those of colleagues, for the next monthly round-up.

RKEDF April digest – training opportunities for YOU!

We’re excited to share some great RKEDF training opportunities coming up in April 2024.  

Click on the titles to find further details and book your place. Details of an ECRN Funding call can also be found at the end…… 

 Online RSA Drop-In meeting 

Wednesday 3rd April, 10:30-11:00, Online 

Meet your RSA reps, hear updates on how BU is implementing the Research Concordat and give feedback or raise concerns that will help to develop and support the research community at BU. 

 Principal Investigation                                                                    

Wednesday 10th April, 14:00-15:00 at Talbot Campus 

This session is aimed at any researcher who is, who plans to be, a Principal Investigator for an externally funded research or knowledge exchange project. 

Introduction to RED – The Research & Enterprise Database 

Thursday 11th April, 10:00-10:30 Online 

An overview of the Research & Enterprise Database and how to use RED to identify your supporting pre and post award officers. 

Engaging with Schools & young people 

Tuesday 16th April, 10:00-11:00, online 

Engaging young people with the world of research can be a worthwhile and enjoyable experience for everyone involved. You can benefit from the opportunity to develop and put into practice your skills, build confidence and widen your research horizons. 

 RDS Academic & Researcher Induction 

Wednesday 24th April, 09:30-11:00 Online 

This event provides an overview of all the practical information staff need to begin developing their research plans at BU, using both internal and external networks; to develop and disseminate research outcomes; and maximising the available funding opportunities. 

 Impress the Press: How to talk to Journalists 

Wednesday 24th April, 14:00 – 16:00 at Talbot Campus 

A practical session covering tips and techniques for speaking with broadcast media (TV and radio) followed by the chance to put it into practice through mock interviews.  No previous experience is necessary. 

 Introduction to BRIAN 

Monday 29th April, 10.00-11.00 at Talbot Campus 

This interactive workshop is an introductory session to BRIAN (Bournemouth Research Information And Networking), BU’s publication management system.  It is aimed at those who are new to BU or have not updated their staff profile for a while.  Attendees will need to bring their laptop. 

 Research Council Development Scheme (RCDS) 

RDS is continuing with the RCDS through April 2024 

The RCDS is a coordinated, targeted set of activities designed to inspire and equip BU researchers to achieve greater success with Research Council funding. Attendees have been nominated by their Head of Department 

 ECRN Funding Call NOW OPEN 

The RKEDF and BU ECRN are delighted to offer funding (up to £500) to organise an event, roundtable, meeting, training, or workshop in support of research at BU. 

This funding supports BU Early Career Researcher Network members to organise and facilitate an event that can be thematic, subject/discipline based, foster community engagement, knowledge exchange or networking and does the following; 

–             Brings ECRs and others together to share ideas, knowledge and learning. 

–             Provides a space for intellectual discussion. 

–             Helps to facilitate collaboration and future opportunities. 

–             Enables an opportunity for networking. 

For all the details, click on the title above – deadline for submission is Friday 26th April 2024 

 For any further information, please contact RKEDF@bournemouth.ac.uk 

Please, help us to avoid any waste of resources; make sure you can attend or cancel your booking ahead of the session. 

RKEDF Workshop: Impress the Press: How to talk to Journalists – Wednesday 24 April 2-4pm

A practical session covering tips and techniques for speaking with broadcast media (TV and radio) followed by the chance to put it into practice through mock interviews.

This session is open to all academic staff with an interest in engaging with the media. No previous experience is necessary.

By the end of the session, attendees will:

  • Have a better understanding of communicating their work with the media
  • Understand the difference between TV and radio interviews and what is required
  • Feel confident in undertaking media interviews and dealing with difficult questions

Facilitated by: Emma Matthews – Research Communications Adviser & Stephen Bates – Senior Press Officer

Wednesday 24 April, 2-4pm

Talbot Campus

Book your place here under ‘Impress the Press: How to talk to Journalists – 16/04/2024’ in the drop-down menu

RKEDF Workshop: Engaging with Schools & young people – Tuesday 16 April 10-11am

Book your place here – under “Impact Essentials: Engaging with Schools and young people – 16/04/2024” in the drop-down menu

BU ECRN Funding call NOW OPEN

The RKEDF and BU ECRN are delighted to offer funding (up to £500) to organise an event, roundtable, meeting, training, or workshop in support of research at BU.

This funding supports BU Early Career Researcher Network members to organise and facilitate an event that can be thematic, subject/discipline based, foster community engagement, knowledge exchange or networking and does the following;

–             Brings ECRs and others together to share ideas, knowledge and learning.

–             Provides a space for intellectual discussion.

–             Helps to facilitate collaboration and future opportunities.

–             Enables an opportunity for networking.

– Please note all requests are subject to approval by the RKDEF Team and must be made at least 3 weeks in advance of the event date. No reimbursements for payments will be made without prior authorisation from the team.

– All expenses must be paid by the end of the BU financial year (July 2024)

– You will need to receive written confirmation from RKDEF that your request has been successful before you can proceed with organising the event. 

– The event cannot have taken place prior to submitting your application.

Eligible costs

  • Event space
  • Travel bursaries for attendees
  • Catering and refreshments (Tea, Coffee, Water, Light snacks, Lunch)
  • Av (projector, screen, laptop, tech support on the day, microphones)
  • Printing costs (meeting handouts)
  • Speaker fee (up to £500)

Ineligible Costs

  • Software or hardware.
  • International event, speaker, or travel costs.
  • Costs for dependants or spouses to attend events.
  • Research costs.

How to apply:

Please download and complete all sections of the EOI for BU ECRN Funding (500 words max per section) and email your completed application to: RKEDF@bournemouth.ac.uk by 26th April 2024. Successful applicants will be notified by 1st May 2024.

If you have any questions or queries, please contact BU ECRN Academic Leads Ann Hemingway (aheming@bournemouth.ac.uk) and Sam Goodman (sgoodman@bournemouth.ac.uk) or RKDEF Advisor Joelle Fallows (jfallows@bournemouth.ac.uk).

The Fog of Streaming Wars

In his recent article published in The Conversation, Prof. John Oliver provides a provocative thought piece that describes the current market dynamics of subscription-video-on-demand (SVOD) streaming firms and an outlook on the industry’s future direction.

He notes that the industry is currently characterized by an oversupply of service providers which has led to aggressive competitive pricing and a squeezing of profit margins. He goes on to conclude that the weaker players, those with less efficient operations or inferior offerings, are starting to struggle and an ‘industry shakeout’ is inevitable.

You can access the article at: https://theconversation.com/in-the-fog-of-the-video-streaming-wars-job-losses-and-business-closures-are-imminent-225829

BU Professor gives keynote address on authorial careers at Milan Conference

This Monday and Tuesday Professor Hywel Dix travelled to the University of the Sacred Heart in Milan to give the keynote at a conference entitled ‘Auctor in Fabula: Autofiction and Authorial Traces in Literature, Drama and Audiovisual Drama.’ This bilingual English and Italian event with simultaneous translation explored ways in which artists and writers in a range of different media have drawn on their own life stories in their creative work, and with what effects. Dix’s keynote ‘Fictions of Self-retrospect: Constructing the Narratives of Authorial Careers’ contributes to theoretical research into ideas of ‘the author’ by arguing that our understanding of authorial careers has the potential to be enhanced by Career Construction Theory, a form of vocational guidance counselling that uses storytelling to enable people to construct narratives of their vocational lives. The central tenet of this practice is that at moments of transition people write their career narrative, becoming in the process both its author and lead protagonist. Since people turn to vocational guidance during periods of uncertainty or change, this uncertainty has been compared to the experience of writer’s block. Narrating their life story allows them to see themselves in their story in order to plot the next chapter in it and therefore overcome that block. The paper explored what happens when these ideas are applied to the work of people who are not just metaphorically but also literally authors of their life stories, i.e. empirical authors. It suggests that Career Construction Theory can be seen as a new theory of authorship when it is applied in this way and that as such, it supplies a conceptual paradigm for identifying the different components that compose an overall authorial career in the changing cultural conditions of today’s world.

REF2029 Open Access Policy Consultation is now open

Last week, the four UK higher education funding bodies launched a consultation on the proposed Open Access Policy for REF2029.

Proposed changes from the REF2021 policy include an open access requirement for longform publications, the shortening of permittable embargo periods for journal articles and changes to article deposit and licensing requirements. More details on the proposed policy can be found here: https://www.ref.ac.uk/guidance/ref-2029-open-access-policy-consultation/

BU will be submitting an institutional response to the consultation, however anyone with an interest in open access publishing and what this might mean in relation to the REF is also invited to respond as an individual. You can respond to the consultation on the UKRI engagement hub.

The consultation closes on Monday 17 June 2024 and the REF team intends to publish the final REF2029 Open Access Policy in summer/autumn 2024.

Editorial accepted by Frontiers in Public Health

As part of the special issue in Frontiers in Public Health on ‘Evidence-based approaches in Aging and Public Health’ the guest editors included 15 academic papers.  These 15 contributions to the Special Issue were introduced in placed in perspective in our editorial ‘Editorial: Evidence-based approaches in Aging and Public Health[1] which was accepted for publication two days ago.   The guest editors included two Visiting Faculty to FHSS: Prof. Padam Simkhada and Dr. Brijesh Sathian.

 

Prof. Edwin van Teijlingen

Centre for Midwifery & Women’s Health (CMWH)

Reference:

  1. Sathian, B., van Teijlingen, E., Simkhada, P., Kabir, R., Al Hamad, H. (2024) Editorial: Evidence-based approaches in Aging and Public Health, Frontier in Public Health 12 2024 https://doi.org/10.3389/fpubh.2024.1391432

The Academy of Medical Sciences Springboard Round 10

The next round of the Academy of Medical Sciences Springboard scheme will open soon. The University can submit up to 4 application. We will be running a university Expression of Interest (EOI) process to select applicants to the scheme.

The Academy of Medical Sciences Springboard scheme offers £125,000 funding over 2 years towards research costs and professional development. The scheme is targeted at those in the early stages of their first independent research position and have not yet been in receipt of substantial research funding. Applications are encouraged from across the biomedical field from molecular, cellular and structural biology to anatomical, physiological, psychological, epidemiological and public health research areas.

Timeline

Internal Expression of Interest deadline: Friday 19th April noon. EOIs should include the completed form and an up-to-date CV (including publications, previous research funding and employment history)

Candidates Informed of Outcome: Wednesday 24th April.

BU deadline to nominate Candidates to AMS: Friday 26 April noon

AMS Deadline for nominated applicants: Open 30th April and close 5th June.

The EOI form can be found here I:\RDS\Public\AMS Springboard.

Please contact Kate Percival (kpercival@bournemouth.ac.uk) if you would like to submit an EOI.

Dementia Care and the dog cafe

Caroline and Catherine from the Ageing & Dementia Research Centre attended the March dog café at the Potteries Care Home in Poole, Caroline took along her Double Doodle dog called Bailey. It happened to be the same week that Crufts had been on the TV, so it was a special Crufts themed dog cafe. It proved to be the most popular turn out so far with about 15 dogs of all shapes and sizes in attendance – even a human dressed up as a dog! It was lovely to see the ladies from Waggy Tails dog rescue charity and three of their dogs.

The Crufts special dog show included a dog agility course and 3 prize categories
which were:

  1. Best waggy tail
  2. Best in show
  3. Fastest time for the agility course

It proved to be popular with both care home residents and the community alike. Both Caroline and Catherine highly enjoyed the event and formed good contacts to explore further opportunities to develop research around the benefits of animals in dementia care.

Here are a few photos from the event.

International midwifery collaboration on early labour

Academics from the Centre for Midwifery and Women’s Health (CMWH) traveled to Winterhur, Switzerland with the Swiss European Mobility Programme.

The education and research programme, organised by the team at Zürcher Hochschule für Angewandte Wissenschaften (Zurich University of Applied Sciences), involved a workshop with midwives from across Europe ( Switzerland, Denmark, Sweden and Germany) discussing midwife-led care.

Professor Vanora Hundley and Dr Dominique Mylod were also invited to give a lecture on the latent phase / early labour as part of the final Gebstart conference. They presented recently published research that was included in thespecial issue in Women & Birth at the end of last year.

This meeting and collaboration with colleagues from across Europe builds on the work of the International Early Labour Research Group.

 

Relevant papers:

Mylod DC,  Hundley V, Way S, Clark C (2023) Can a birth ball reduce pain perception for women at low obstetric risk in the latent phase of labour? The Ball Assisted Latent Labour (BALL) randomised controlled trial. Women & Birth https://doi.org/10.1016/j.wombi.2023.11.008 

Grylka-Baeschlin S, Hundley V, Cheyne H et al (2023) Early labour: an under-recognised opportunity for improving the experiences of women, families and maternity professionals Women & Birth https://doi.org/10.1016/j.wombi.2023.09.004