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Bruno Bonizzi

@bbonizzi.bsky.social
1.5K followers 676 following 77 posts

Born in Milan, lives in London. Macro-finance: Pension funds, emerging economies, capital flows and financialisation.

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Reposted by Bruno Bonizzi
Jennifer Churchill @redjen.bsky.social · 25/06/2026
@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-...
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Bruno Bonizzi @bbonizzi.bsky.social · 19/03/2026
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 👇
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Bruno Bonizzi @bbonizzi.bsky.social · 03/03/2026
Happening next week 👇
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Bruno Bonizzi @bbonizzi.bsky.social · 20/01/2026
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.
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Development and Change @devandchg.bsky.social · 19/12/2025
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
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Ingrid Harvold Kvangraven @ingridhk.bsky.social · 20/12/2025
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
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Bruno Bonizzi @bbonizzi.bsky.social · 10/12/2025
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.
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Bruno Bonizzi @bbonizzi.bsky.social · 01/12/2025
Reminder that the deadline for the next SASE conference is on the 16th of December: Submit your International Financial Subordination papers! More info👇
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Bruno Bonizzi @bbonizzi.bsky.social · 18/11/2025
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.
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Bruno Bonizzi @bbonizzi.bsky.social · 12/11/2025
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-...
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Bruno Bonizzi @bbonizzi.bsky.social · 10/11/2025
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.
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Bruno Bonizzi @bbonizzi.bsky.social · 27/10/2025
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-...
academic.oup.com
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
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Finance & Space @financeandspace.bsky.social · 27/10/2025
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....
tandfonline.com
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...
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Bruno Bonizzi @bbonizzi.bsky.social · 27/10/2025
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-...
academic.oup.com
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
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Bruno Bonizzi @bbonizzi.bsky.social · 20/10/2025
Macquarie buying London City airport. Let's check on their recent performance in buying London infrastruct.. oh no!
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Bruno Bonizzi @bbonizzi.bsky.social · 29/09/2025
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.
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Inga Rademacher @ingarade.bsky.social · 22/09/2025
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
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Annina Kaltenbrunner @anninak.bsky.social · 19/08/2025
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
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Bruno Bonizzi @bbonizzi.bsky.social · 22/07/2025
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...
gov.uk
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 ...
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Bruno Bonizzi @bbonizzi.bsky.social · 29/05/2025
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
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Bruno Bonizzi @bbonizzi.bsky.social · 14/05/2025
Where "woke" simply means any sort of ESG (which is a limited form of sustainability anyway...).
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Bruno Bonizzi @bbonizzi.bsky.social · 29/04/2025
Blair's opportunism is not tactical it's his essence.
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Bruno Bonizzi @bbonizzi.bsky.social · 28/04/2025
Maybe a bit of respite for UK HE's gloomy environment...?
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Bruno Bonizzi @bbonizzi.bsky.social · 25/04/2025
Happening on Monday 👇
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Bruno Bonizzi @bbonizzi.bsky.social · 09/04/2025
💯 (Especially if you make it an individual responsibility)
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Jeff Powell @powelljr.bsky.social · 02/04/2025
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...
business.leeds.ac.uk
Enhancing MDB Capacity through Local Currency Financing
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Bruno Bonizzi @bbonizzi.bsky.social · 31/03/2025
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 👇
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Bruno Bonizzi @bbonizzi.bsky.social · 11/03/2025
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.
on.ft.com
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
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Bruno Bonizzi @bbonizzi.bsky.social · 07/03/2025
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
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Zoe Gardner @zoejardiniere.bsky.social · 06/03/2025
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.
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Bruno Bonizzi @bbonizzi.bsky.social · 05/03/2025
Only 2% down: there is significant room for further good news here. on.ft.com/4inNoOF
on.ft.com
Private equity industry shrinks for the first time in decades
Assets under management fell 2% last year as investors pulled back from sector
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Karsten Kohler @karstenkohler.bsky.social · 04/03/2025
Our department is hiring up to two lecturers in economics. We're a pluralistic economics department with specialisms in Labour, Wellbeing and Behavioural Economics; Macro-Finance; Development, Trade and the Environment. www.jobs.ac.uk/job/DMC670/l...
jobs.ac.uk
Lecturer in Economics at University of Leeds
Explore an exciting academic career as a Lecturer in Economics. Don't miss out on other academic jobs. Click to apply and explore more opportunities.
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Christina Wolf @christina-wolf.bsky.social · 25/02/2025
📢The 2025 PKES-YSI PhD Conference will be hosted at the University of Hertfordshire! If you are PhD student in pluralist economics, apply by Fri 7 March, to receive feedback on your work from a senior academic + connect with like-minded researchers. More info: ysi.ineteconomics.org/event/16th-p...
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Jeff Powell @powelljr.bsky.social · 25/02/2025
🚨Great funded PhD opportunity working on decarbonising public transport in the Global South - pls share! www.gre.ac.uk/docs/rep/com...
gre.ac.uk
Decarbonisation Through Public Ownership: Transforming Public Transport in the Global South | Documents | University of Greenwich
Closing Date: 23 March 2025
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Bruno Bonizzi @bbonizzi.bsky.social · 24/02/2025
I think this is good, but it's stunning how these proposals for anything other than military spending (e.g. climate) are ignored and deemed impossible, especially when progressive economists suggest them. on.ft.com/4gXHNhd
on.ft.com
EU and UK in talks about Europe-wide defence funding amid fear of US pullback
Donald Trump’s re-engagement with Russia has given new urgency to European discussions
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Bruno Bonizzi @bbonizzi.bsky.social · 21/02/2025
It's definitely possible that crypto will be the origin of the next financial crash, and that Trump/Elon makes this more likely. But reducing Minsky and the financial instability hypothesis to greed and fraud under-appreciates their significance. paulkrugman.substack.com/p/when-maga-...
paulkrugman.substack.com
When MAGA Meets Minsky
Laying the foundations for the next financial crisis
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Bruno Bonizzi @bbonizzi.bsky.social · 20/02/2025
The PKES PhD conference this year will be at Herts. If you are a PhD student with interest in pluralist economics consider applying! You will get your work discussed by a senior academic, and meet like-minded people. More details (incl application link) here ysi.ineteconomics.org/event/16th-p...
ysi.ineteconomics.org
16th PKES PhD Student Conference (supported by YSI) – YSI INET
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SOAS Economics @soaseconomics.bsky.social · 18/02/2025
📌 Join us TODAY at #SOAS #Economics to meet Nick Bernards, author of Fictions of Financialization (2025, Pluto Press), discussing with: Devika Dutt (KCL) Hannah Hasenberger (Cambridge) Christian Koutny (Hertfordshire) Ezgi B. Unsal, @soasuni.bsky.social info event 🔗 tinyurl.com/34szy9m6
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Benjamin Braun @benbraun.social · 12/02/2025
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....
Screenshot of the abstract of the linked paper.
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Bruno Bonizzi @bbonizzi.bsky.social · 11/02/2025
The ultimate neomercantilist strategy
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Bruno Bonizzi @bbonizzi.bsky.social · 04/02/2025
Great to see this published!
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Karina Patrício @kpatricio.bsky.social · 31/01/2025
It was a pleasure to travel to Brussels for the @ec.europa.eu and TCX Roundtable on the Future of Currency Risk in Development Finance to present the findings of our report ‘Enhancing MDB Capacity through Local Currency Financing’ alongside my colleagues @anninak.bsky.social & @bbonizzi.bsky.social.
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Bruno Bonizzi @bbonizzi.bsky.social · 23/01/2025
Call for papers: IIPPE panel at the AHE conference stream “International financial subordination”. The IIPPE Financialisation Working Group invites submissions for the submission of a panel at the AHE conference 18-20 June 2025, King's College London.
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Bruno Bonizzi @bbonizzi.bsky.social · 21/01/2025
I just needed an example about market irrationalities, for my anatomy of financial crises module!
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Jennifer Churchill @redjen.bsky.social · 31/12/2024
It is a bad idea for any number of reasons… here’s 3 1. The upfront pay will not be equivalent to the value of benefit lost - people don’t understanding the value of their pension. 2. It will leave people in worse financial position post retirement 3. It will lead to more bloat in financial sector
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Jennifer Churchill @redjen.bsky.social · 14/12/2024
Pension inadequacy isn’t a problem that can safely be ignored. The state spends an huge amount, yet the split between the haves and the have-nots is becoming untenable www.common-wealth.org/publications...
common-wealth.org
Undefined Benefit: Fixing the UK Pensions System | Report | Common Wealth
The UK's financialised pensions system is marked by inequality, insecurity and instability. We require a radical reimagining to build a system fit for purpose.
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Jennifer Churchill @redjen.bsky.social · 14/12/2024
This is bad, bad news. Hard to see it as anything other than irresponsible, and driven by panic rather than planning. Rachel Reeves puts pensions review on hold to avoid extra burden on UK business on.ft.com/3OX8XZK
on.ft.com
Rachel Reeves puts pensions review on hold to avoid extra burden on UK business
Some experts argue current savings rates will leave people without adequate retirement pots
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Bruno Bonizzi @bbonizzi.bsky.social · 01/12/2024
That's one way to keep the currency hierarchy I guess..
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Bruno Bonizzi @bbonizzi.bsky.social · 25/11/2024
New CABS list is out. Noticeable changes for the UK hetecon community: 1) Socio-economic review upgraded to 4* 2) Kyklos downgraded to 2* Everything else stable. charteredabs.org/academic-jou...
charteredabs.org
Academic Journal Guide 2024
Chartered Association of Business Schools: Advancing excellence in UK business and management education through advocacy, research, and professional development. Join us to enhance your institution’s ...
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Bruno Bonizzi @bbonizzi.bsky.social · 21/11/2024
Not sure why but I find it odd that Starmer would call BlackRock a "leading business". It makes it sound so parochial.
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