📢 NEW article with @thomstubbs.bsky.social in @intlinteractions.bsky.social on the Global Financial Safety Net. Open access: doi.org/10.1080/0305... 🧵 A thread:
Thomas Stubbs
@thomstubbs.bsky.social
Reader in Global Political Economy | Royal Holloway, University of London | International political economy, international public policy, global health, climate | https://www.tstubbs.net/
Its a risk-off in global financial markets Energy prices are soaring, as are fossil fuel companies But global equity markets are down European stocks down far more than US ones coz of energy import dependence. Inflation up -> rates to go up -> so Bond markets are down. bsky.app/profile/did:...
Stocks and bonds tumble as widening Middle East war rattles markets
Oil surges above $85 a barrel and European natural gas prices almost double this week as conflict escalates across region
ft.com
Fossil fuel stocks are exploding in response to the war on Iran. Who stands to benefit? The richest of the rich. Who stands to lose? All of us who have to pay higher prices for energy and a new round of sellers' inflation.
2026 could reshape accountability in public finance 🔎 Several international financial institutions are reviewing their accountability mechanisms & safeguard policies. Decisions made this year will shape access to remedy & standards for years to come. New analysis 🔗 www.linkedin.com/pulse/2026-c...
Thread 👇 on a new article by @profmiskimmon.bsky.social and I, Strategic narrative: its origins and evolution, its connection to public diplomacy, and some future paths. Read here: link.springer.com/article/10.1...
Strategic narrative: its origins and evolution, its connection to public diplomacy, and some future paths - Place Branding and Public Diplomacy
Place Branding and Public Diplomacy -
link.springer.com
Our new book — Greening the International Monetary Fund (Cambridge University Press, 2025) — examines how climate change has become embedded within the IMF’s operations, and what this means for global economic governance. 📖 Open access: doi.org/10.1017/9781...
Greening the International Monetary Fund
Cambridge Core - American Government, Politics and Policy - Greening the International Monetary Fund
doi.org
The US Treasury has put the ongoing IMF Surveillance review at the top of the agenda as they want to stop the Fund’s work on climate. But what’s the IMF’s track record since the 2021 Climate Strategy? Read more in our new @re-course.org report: bit.ly/IMFsurveillance 🧵1/9
IMF surveillance and climate action — Report by Recourse
Report: IMF surveillance falls short in addressing climate threats
bit.ly
Only 4 years ago, the IMF recognised that climate change poses risks to macroeconomic stability. It cannot be ignored. Our new report shows how and why the #IMF can't give up on climate, with recommendations for its Surveillance review. 👉 bit.ly/IMFsurveilla... #IMFmeetings
Read my article with Sakiko Fukuda-Parr on #FinancingForDevelopment - Financing for whom? @ipsunbureau.bsky.social @endausterity.bsky.social #FfD4 #EndAusterity #UniversalSocialProtection #RighttoSocialSecurity #Inequality www.ipsnews.net/2025/04/fina...
Financing for Whom? The Financing for Development Summit Must Address Social Dimensions
The Fourth International Conference on Financing for Development (FfD4) will bring world leaders together to forge a new international consensus on how to finance a better future for all. Yet, in prac...
ipsnews.net
You may have seen @gerrymccartney1.bsky.social quoted in the media talking about the implications of the Chancellor's Spring Statement. He's part of a group of experts who have warned that welfare cuts could cause more deaths in @bmj.com @uofgsocsci.bsky.social www.gla.ac.uk/news/headlin...
Experts issue warnings on social security cuts in Spring Statement
University of Glasgow academics have joined leading public health experts in warning of likely consequence of cuts to social security in the Chancellor’s Spring Statement.
gla.ac.uk
"That’s the standard technique of privatization: defund, make sure things don’t work, people get angry, you hand it over to private capital" —Noam Chomsky And then it gets worse.
Almost half of England’s councils ‘could face bankruptcy over £4.6bn deficit’
This is a must-read.
As the Trusk regime is wrecking the state apparatus that brought us the IRA, it's more urgent than ever to understand the politics of green macrofinancial regimes. Here's a 🧵 on the result of @danielagabor.bsky.social and I wrecking our brains for four years. www.tandfonline.com/doi/full/10....
Whenever you hear someone sneer about scientific research that seems useless to them — “they’re studying the spit of lizards?!” — remind them that’s exactly how we got Ozempic. globalnews.ca/news/9793403...
How a Canadian scientist and a venomous lizard helped pave the way for Ozempic - National | Globalnews.ca
In 1984, Dr. Daniel Drucker, an endocrinologist from the University of Toronto, discovered a hormone that helped pave the way for popular diabetes drugs such as Ozempic.
globalnews.ca
Verschärft der IWF durch verordnete Austerität die Ungleichheit? @akentikelenis.bsky.social & @thomstubbs.bsky.social präsentieren die bislang umfassendste empirische Analyse der sozialen Auswirkungen von IWF-Krediten. Henning Schmidtke vom GIGA Institut lobt das Buch als „Meilenstein“. polisky
Portal für Politikwissenschaft – Alexandros Kentikelenis, Thomas Stubbs: A Thousand Cuts. Social Protection in the Age of Austerity
pw-portal.de
The government’s overall Oh well that’s how it is now attitude when one of the main pillars of your economy crumbles right there for everyone to see is quite difficult to comprehend.
Quarter of leading UK universities cutting staff due to budget shortfalls
Up to 10,000 redundancies or job losses feared as institutes undergo restructuring
theguardian.com
Each for very different reasons, these were my fave books of 2024 📚 Happy new year friends ✨🍻 ps. Emma’s book (on the political economy of care & its value, second most sold in DK last year) will be out in English in Spring 2025. Keep an eye out 🧐
Here's my International Relations starter pack - just answer this post if you want to be included! go.bsky.app/GHjHQu3 #polisky #internationalrelations #econsky #internationalpolitics
Lula at UN: “African countries borrow at rates up to 8 times higher than Germany and 4 times higher than the United States. It’s a Marshall Plan in reverse, in which the poorest finance the richest.” www.phenomenalworld.org/analysis/mar... I presented at G20 Rio YT: www.youtube.com/watch?v=IY6Z...
For those who missed it, my Substack has gone live, and I expect to be posting several times a week. Today's entry is (almost) non-political; tomorrow's won't be 1/ open.substack.com/pub/paulkrug...
Why Does U.S. Technology Rule?
Maybe it's just in the right place
open.substack.com
Sometimes the combination of arrogance and ignorance is breathtaking. Yes, US health care has high admin costs; that's because it relies so much on private insurers. Govt-run health insurance has much lower overhead
Re-upping this with more additions of civil society advocates and academics working on IFIs, including @katemac.bsky.social, @isabelortiz.bsky.social, @akentikelenis.bsky.social… and many more go.bsky.app/CnXtPpK
A wave of new social protection people joining overnight and this morning! Added to this starter pack go.bsky.app/FP9qJZV I am also adding the same people to this list which you can pin as a feed: bsky.app/profile/did:... (or you can just make your own custom one!)
So, to everyone who thought the Bessent pick meant that Trump would be reasonable on economic policy: I hope you enjoyed your vacation from reality 1/ www.nytimes.com/2024/11/25/b...
Trump Plans Tariffs on Canada, China and Mexico That Could Cripple Trade
The president-elect said that he would impose the across-the-board tariffs on Day 1 and that they would stay in place until Canada, Mexico and China halted the flow of drugs and migrants.
nytimes.com
Economic Sociology expansion pack! Need to add others or add yourself? Do it! go.bsky.app/Tdf2TZ2
Hiya Bluesky! I'm new here, but this is the kind of thing I think about: climate justice requires local environmental justice, which requires an end to austerity, which requires debt justice. Can we do all of that? Yes! #COP16 #COP29 www.bu.edu/gdp/2024/10/...
From Vicious to Virtuous: Understanding and Re-imagining the Relationships between Debt, Climate and Nature at COP16 | Global Development Policy Center
bu.edu
All IPE scholars!!! 👀 15th Annual Australian International Political Economy Network (AIPEN) workshop. Adelaide University / Flinders University, February 6-7 2025 Full call here: www.ppesydney.net/2025-aipen-w... Paper/panel proposals to Len Seabrooke, lse.ioa@cbs.dk, by 30 November 2024.
2025 AIPEN Workshop: Call for papers - Progress in Political Economy (PPE)
15th Annual Australian International Political Economy Network (AIPEN) Workshop Adelaide University / Flinders University, February 6-7 2025 The world economy is increasingly challenged by wicked pro...
ppesydney.net
Start pack of Royal Holloway Politics & International Relations academic staff and PhD students! go.bsky.app/EyuS68d
Royal Holloway Politics & International Relations
Join the conversation
go.bsky.app
The work of Kentikelenis & @thomstubbs.bsky.social on IMF & austerity is unparalleled. For a brief intro, check out this webinar, where I was honored to spend an hour interviewing them about this impressive new book. www.youtube.com/live/lL7NwQV...
YouTube
Share your videos with friends, family, and the world
youtube.com
𝐀 𝐓𝐡𝐨𝐮𝐬𝐚𝐧𝐝 𝐂𝐮𝐭𝐬: 𝐒𝐨𝐜𝐢𝐚𝐥 𝐏𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐠𝐞 𝐨𝐟 𝐀𝐮𝐬𝐭𝐞𝐫𝐢𝐭𝐲 Kentikelenis and I document the health and social impacts of 40 years of IMF-mandated austerity policies on the Global South. Available from Oxford University Press: global.oup.com/academic/pro...
Bluesky is growing so quickly—it is hard to keep track of everyone joining! Are there any new sovereign debt nerds here I might have missed in this starter pack I have put together? go.bsky.app/Cw8ufrd
I've seen so many great starter packs, but I've yet to encounter one on int'l organizations and cooperation. So, I made one. It is no doubt incomplete, but I hope you find it helpful nonetheless. Feel free to circulate and, if you have suggestions on who to add, send them my way! go.bsky.app/RbHqH38