Bruno Bonizzi
@bbonizzi.bsky.social
Born in Milan, lives in London. Macro-finance: Pension funds, emerging economies, capital flows and financialisation.
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.
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.
ONS is so bad. (This is about specifically British nationals.) www.ons.gov.uk/peoplepopula...
November 18, 2025 at 12:09 PM
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.
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.
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-...
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-...
November 12, 2025 at 8:42 AM
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-...
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.
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
Fragmented funding channels and complex rules make access slow, unpredictable and unfair.
▶️ New UNCTAD report: https://ow.ly/HbMO50Xmt9I
#COP30 #ClimateFinance
November 10, 2025 at 9:33 AM
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.
Reposted by Bruno Bonizzi
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-...
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
October 27, 2025 at 9:32 AM
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-...
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-...
Reposted by Bruno Bonizzi
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....
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...
www.tandfonline.com
October 27, 2025 at 4:52 PM
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....
Why does financialisation happen — and who benefits?
Hannah Hasenberger digs into the politics behind state financialisation
www.tandfonline.com/doi/full/10....
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-...
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
October 27, 2025 at 9:32 AM
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-...
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-...
Macquarie buying London City airport. Let's check on their recent performance in buying London infrastruct.. oh no!
October 20, 2025 at 8:57 AM
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.
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.
🚨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.
🧵
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.
🧵
September 29, 2025 at 9:26 AM
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.
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.
Reposted by Bruno Bonizzi
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
September 22, 2025 at 8:33 AM
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
Reposted by Bruno Bonizzi
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
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
Der Hauptpreis 2025 geht an Annina Kaltenbrunner @anninak.bsky.social für ihr Arbeiten zu „International Financial Subordination (Internationale finanzielle Unterordnung)“. @universityofleeds.bsky.social
August 19, 2025 at 1:05 PM
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
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...
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 ...
www.gov.uk
July 22, 2025 at 8:05 AM
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...
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...
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
Resonates with the work we did with @redjen.bsky.social and @sahildutta.bsky.social
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...
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...
To Unlock Pension Funds, We Need to Unlock the Pensions Review | Briefing | Common Wealth
www.common-wealth.org
May 29, 2025 at 10:14 AM
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
Resonates with the work we did with @redjen.bsky.social and @sahildutta.bsky.social
Where "woke" simply means any sort of ESG (which is a limited form of sustainability anyway...).
Brace for Reform UK’s war on ‘woke’ pension investments @bbonizzi.bsky.social - on.ft.com/3ZhOh4j
Brace for Reform UK’s war on ‘woke’ pension investments
Farage & Co could make a big splash at the pool party
on.ft.com
May 14, 2025 at 10:24 AM
Where "woke" simply means any sort of ESG (which is a limited form of sustainability anyway...).
Blair's opportunism is not tactical it's his essence.
Blah blah carbon capture blah blah AI. Embarrassing
It’s time to reset our failing climate policies, says Tony Blair www.independent.co.uk/news/uk/poli...
April 29, 2025 at 9:50 AM
Blair's opportunism is not tactical it's his essence.
Maybe a bit of respite for UK HE's gloomy environment...?
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...
www.ft.com/content/ebb2...
American students turn to UK as Trump takes aim at US universities
Searches for British courses surge following US president’s assault on Ivy League institutions, data shows
www.ft.com
April 28, 2025 at 8:21 AM
Maybe a bit of respite for UK HE's gloomy environment...?
Happening on Monday
👇
👇
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
LinkedIn
This link will take you to a page that’s not on LinkedIn
lnkd.in
April 25, 2025 at 12:55 PM
Happening on Monday
👇
👇
💯
(Especially if you make it an individual responsibility)
(Especially if you make it an individual responsibility)
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...
@sahildutta.bsky.social @bbonizzi.bsky.social @redjen.bsky.social explored this for @cmmonwealth.bsky.social
www.common-wealth.org/publications...
April 9, 2025 at 6:49 PM
💯
(Especially if you make it an individual responsibility)
(Especially if you make it an individual responsibility)
Reposted by Bruno Bonizzi
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...
Enhancing MDB Capacity through Local Currency Financing
business.leeds.ac.uk
April 2, 2025 at 7:00 PM
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 👇
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 👇
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. 🧵
March 31, 2025 at 1:31 PM
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 👇
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 👇
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.
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
March 11, 2025 at 10:07 PM
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.
Given how PE is doing this encouragement is basically offering an escape route to other investors, at the pension scheme members' expense.
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
1) UK can get closer to the EU without provoking Brexit betrayal narratives.
2) Germany doing public spending
3) Private Equity funds going down
March 7, 2025 at 5:01 PM
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
1) UK can get closer to the EU without provoking Brexit betrayal narratives.
2) Germany doing public spending
3) Private Equity funds going down
Reposted by Bruno Bonizzi
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.
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.
March 6, 2025 at 8:45 AM
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.
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.
Reposted by Bruno Bonizzi
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...
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.
www.jobs.ac.uk
March 4, 2025 at 1:48 PM
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...
Reposted by Bruno Bonizzi
📢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...
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...
February 25, 2025 at 12:34 PM
📢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...
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...