@bbonizzi.bsky.social and I contributed policy paper Nationalising Pension Funds. We call for nationalising/ establishing investment control over funded pensions, and putting flat-rate residency based PAYG state pensions at the heart of pension systems. www.neep-poverty.org/roadmap-for-...

Over the last year we have worked to support the Uganda Development Bank mitigating currency risk to fund climate loans. We learned a lot and have come up with a possible solution. More info 👇

Karina Patrício@kpatricio.bsky.social · 5mo ago

After a year of research and engagement with the Uganda Development Bank, @anninak.bsky.social, @bbonizzi.bsky.social, @iweigandi.bsky.social and I share this new briefing on a currency risk-sharing facility for long-term local currency climate finance in Uganda. www.linkedin.com/posts/kpatri...

Happening next week 👇

Inga Rademacher@ingarade.bsky.social · 5mo ago

In our next CITYPERC session, Ronen Palan will present his new book "Profit and Power: Arbitrage in the Era of the Multinational Corporation"; if you'd like to join us either in person or online sign up here: www.eventbrite.com/e/1984195032...

He also said: "You cannot live within the lie of mutual benefit through integration when integration becomes the source of your subordination." This is really quite powerful. The Global South already knows this, time for Europeans (and Brits especially) to realise it.

Aaron Rupar@atrupar.com · 7mo ago

Carney: "American hegemony in particular helped provide public goods, a stable financial system... this bargain no longer works. Let me be direct. We are in the midst of a rupture, not a transition... recently, great powers have begun using economic integration as a weapon. Tariffs as leverage ... "

Thrilled to announce Daniela Gabor's keynote 'The Seville Process: Developmentalism after American Hegemony' @danielagabor.bsky.social @adamtooze.bsky.social @iliasalami.bsky.social @ingridhk.bsky.social @cacrisalves.bsky.social @anninak.bsky.social @kaikodden.bsky.social @kaikodden.bsky.social

Looking forward to this!! We'll be in the Haague as part of our forthcoming Forum issue on financial hierarchies @iliasalami.bsky.social @cacrisalves.bsky.social @bbonizzi.bsky.social @anninak.bsky.social @kaikodden.bsky.social @powelljr.bsky.social

Development and Change@devandchg.bsky.social · 8mo ago

Thrilled to announce Daniela Gabor's keynote 'The Seville Process: Developmentalism after American Hegemony' @danielagabor.bsky.social @adamtooze.bsky.social @iliasalami.bsky.social @ingridhk.bsky.social @cacrisalves.bsky.social @anninak.bsky.social @kaikodden.bsky.social @kaikodden.bsky.social

www.imf.org/-/media/file... The IMF's research department claiming economic orthodoxy is alive and well. Commit to strict inflation targeting and you will get higher growth and resilience against crises.

Reminder that the deadline for the next SASE conference is on the 16th of December: Submit your International Financial Subordination papers! More info👇

Bruno Bonizzi@bbonizzi.bsky.social · 9mo ago

Join Us at SASE 2026 in Bordeaux! The upcoming SASE conference will feature a mini-conference on International Financial Subordination (IFS). How does IFS evolve in the current context of climate crisis and geopolitical tensions? More info here 👉 sase.org/events/2026-...

British people are now emigrating in the 100 of thousands. But migration policy is all about stopping the boats. Same madness in Italy btw where emigration has become an enormous problem (about 1.5m left since 2000), but somehow the priority is to be nasty to people on dinghies.

Alex Hern@hern.bsky.social · 9mo ago

ONS is so bad. (This is about specifically British nationals.) www.ons.gov.uk/peoplepopula...

Join Us at SASE 2026 in Bordeaux! The upcoming SASE conference will feature a mini-conference on International Financial Subordination (IFS). How does IFS evolve in the current context of climate crisis and geopolitical tensions? More info here 👉 sase.org/events/2026-...

Another clear chart reminding us that "billions" (of public funds) to "trillions" (of private funds) is very far from reality. At best is billions to 1/5 billions.

UN Trade and Development (UNCTAD)@unctad.bsky.social · 9mo ago

In 2022, least developed countries received just 18% of total climate finance, and small island developing states only 2.8%. Fragmented funding channels and complex rules make access slow, unpredictable and unfair. ▶️ New UNCTAD report: https://ow.ly/HbMO50Xmt9I #COP30 #ClimateFinance

Our article with @hulya-dagdeviren.bsky.social and Ben Tippet is out in Socio-Economic Review! We examine pension financialisation and pension wealth inequality in the UK — focusing on how the rise of Defined Contribution (DC). academic.oup.com/ser/advance-...

Pension financialization and workplace pension wealth inequality: evidence from Britain

Abstract. The growth of Defined Contribution (DC) pensions, in which retirement depends on individual savings and financial market investments, has been a

academic.oup.com

New in Finance & Space! 📢 Why does financialisation happen — and who benefits? Hannah Hasenberger digs into the politics behind state financialisation www.tandfonline.com/doi/full/10....

Challenging the ‘fictions of financialisation’: a commentary on explanation in financial geography

Financialisation is a key concept in financial geography, used to explain various phenomena. But have we sufficiently explained financialisation? Nick Bernards’ recent book, Fictions of Financializ...

tandfonline.com

Our article with @hulya-dagdeviren.bsky.social and Ben Tippet is out in Socio-Economic Review! We examine pension financialisation and pension wealth inequality in the UK — focusing on how the rise of Defined Contribution (DC). academic.oup.com/ser/advance-...

Pension financialization and workplace pension wealth inequality: evidence from Britain

Abstract. The growth of Defined Contribution (DC) pensions, in which retirement depends on individual savings and financial market investments, has been a

academic.oup.com

Macquarie buying London City airport. Let's check on their recent performance in buying London infrastruct.. oh no!

Very interesting article. Really shows that any talk of pension funds funding a just transition (and other nice things) means by-passing the large asset managers. For most people contributing to individual pension pots, this may not even be a possibility.

Klaudia Prodani@kprodani.bsky.social · 11mo ago

🚨New article🚨 Why has the promise of universal ownership been broken, as @benbraun.bsky.social has suggested? Our argument: because the Big Three are hardly universal. They mainly invest in those that can insulate themselves from environmental harm - big tech & financials in the Global North. 🧵

We are organising a small lecture series at CITYPERC this semester on "Financial Futures: Tech, Green Transitions, China and the Global South" with four brilliant speakers: @nataschavanderzwan.bsky.social, @johannespetry.bsky.social, David Kampmann and @bbonizzi.bsky.social

It's an incredible honour to receive this prize for policy relevant economic research. Big thanks go to my collaborators and co-thinkers on this exciting journey @bbonizzi.bsky.social @powelljr.bsky.social @iliasalami.bsky.social @ingridhk.bsky.social @kaikodden.bsky.social @cacrisalves.bsky.social

Karl-Renner-Institut@renner-institut.at · 12mo ago

Es freut uns, die Preisträger:innen des Kurt-Rothschild-Preises 2025 vorstellen zu dürfen! Der Hauptpreis 2025 geht an Annina Kaltenbrunner @anninak.bsky.social für ihr Arbeiten zu „International Financial Subordination (Internationale finanzielle Unterordnung)“. @universityofleeds.bsky.social

The pensions commission is back, with a focus on pensions outcomes. It looks promising on paper, but the focus on individual saving is a bit problematic. "The relaunched Commission will explore the complex barriers stopping people from saving enough for retirement" www.gov.uk/government/n...

Government revives landmark Pensions Commission to confront retirement crisis that risks tomorrow’s pensioners being poorer than today’s

Millions of people could benefit from a more secure retirement as the Government today [Monday 21 July 2025] revives the landmark Pensions Commission to examine why tomorrow’s pensioners are on track ...

gov.uk

Very good piece by @craigpberry.bsky.social on the pensions review. Scale is fine, but financial system structure is a bigger issue. Forcing pension funds into PE is not the best way to promote growth in the UK. Resonates with the work we did with @redjen.bsky.social and @sahildutta.bsky.social

Common Wealth@cmmonwealth.bsky.social · last yr.

The Pensions Review is a great opportunity to boost the UK economy & help savers — but it's being missed. The state must use its fiscal might to enable better outcomes for both the economy & the public, while policymakers must be innovative & take risks. www.common-wealth.org/publications...

Where "woke" simply means any sort of ESG (which is a limited form of sustainability anyway...).

Jeff Powell@powelljr.bsky.social · last yr.

Brace for Reform UK’s war on ‘woke’ pension investments @bbonizzi.bsky.social - on.ft.com/3ZhOh4j

Blair's opportunism is not tactical it's his essence.

Jennifer Churchill@redjen.bsky.social · last yr.

Blah blah carbon capture blah blah AI. Embarrassing

Maybe a bit of respite for UK HE's gloomy environment...?

Sander Wagner@sanderwagner.bsky.social · last yr.

US applications to UK universities are up 25% over the last year. (this is slightly weaker than the increase we see in US to Europe researcher job applications and the drop in Europe to US researcher job applications) www.ft.com/content/ebb2...

Happening on Monday 👇

Annina Kaltenbrunner@anninak.bsky.social · last yr.

1/2: The launch event of the final report of our project ‘Enhancing MDB Capacity through Local Currency Financing’ is taking place this Monday, 28 April, 1-2pm. The report explores the potential for local currency financing by multilateral development banks. You can register here: 🔗 lnkd.in/dZ7gm7nf

💯 (Especially if you make it an individual responsibility)

Adrienne Buller@adriennebuller.bsky.social · last yr.

As the chaos continues, it's good to keep hammering this point: tethering the foundations of a decent life to financial markets is a terrible system. @sahildutta.bsky.social @bbonizzi.bsky.social @redjen.bsky.social explored this for @cmmonwealth.bsky.social www.common-wealth.org/publications...

Important new research on local currency financing from @anninak.bsky.social @bbonizzi.bsky.social @kpatricio.bsky.social @karstenkohler.bsky.social business.leeds.ac.uk/research-air...

Our report is finally officially out! It deals with how MDBs can help with sustainable forms of finance, i.e. by lending in the local currency of recepient borrowers in developing countries. Summary 👇

Karina Patrício@kpatricio.bsky.social · last yr.

1/ After 18 months of work—and with some delay in the public launch—we are pleased to share the Final Report of our project Enhancing MDBs’ Capacity through Local Currency Financing, supported by the MDB Challenge Fund. 🧵

UK minister in ‘active discussions’ with pension funds to invest more in private markets - on.ft.com/4bLiJsv via @FT Given how PE is doing this encouragement is basically offering an escape route to other investors, at the pension scheme members' expense.

UK minister in ‘active discussions’ with pension funds to invest more in private markets

Torsten Bell says government is ‘encouraging, not instigating’ investment in wider range of assets

on.ft.com

Three positives of Trump: 1) UK can get closer to the EU without provoking Brexit betrayal narratives. 2) Germany doing public spending 3) Private Equity funds going down

George Pearkes@peark.es · last yr.

PE stocks continue to get crushed

This is the most dangerous, irresponsible framing imaginable. Not to mention it is bollocks. The big big winners from positioning Ukrainian security against poor British people & our public services are the far right. TAX THE RICH TO PAY FOR DEFENSE. PROTECT OUR WELFARE STATE.