Ugo Panizza
@upanizza.bsky.social
Professor & Pictet Chair @GVAGrad, VP @cepr_org & Director ICMB. Before @UNCTAD @the_IDB @AUB_Lebanon @unito 2 daughters. FVCG ⛷🏍 Twitter handle @upanizza
www.upanizza.com
www.upanizza.com
1/
Over the past decade, sovereign green bonds have gone from curiosity to commonplace. 🌍💶
Since Poland’s 2016 debut, >30 governments have issued debt labelled as “green.” But do these bonds actually lower borrowing costs?
@gvagrad.bsky.social @gvagrad-hcgs.bsky.social
Over the past decade, sovereign green bonds have gone from curiosity to commonplace. 🌍💶
Since Poland’s 2016 debut, >30 governments have issued debt labelled as “green.” But do these bonds actually lower borrowing costs?
@gvagrad.bsky.social @gvagrad-hcgs.bsky.social
November 6, 2025 at 7:16 AM
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Over the past decade, sovereign green bonds have gone from curiosity to commonplace. 🌍💶
Since Poland’s 2016 debut, >30 governments have issued debt labelled as “green.” But do these bonds actually lower borrowing costs?
@gvagrad.bsky.social @gvagrad-hcgs.bsky.social
Over the past decade, sovereign green bonds have gone from curiosity to commonplace. 🌍💶
Since Poland’s 2016 debut, >30 governments have issued debt labelled as “green.” But do these bonds actually lower borrowing costs?
@gvagrad.bsky.social @gvagrad-hcgs.bsky.social
I don’t know whether Argentina 🇦🇷 will succeed in avoiding another default in the near future, but if a default does occur, it will likely be even messier than the previous ones.
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October 23, 2025 at 7:26 AM
I don’t know whether Argentina 🇦🇷 will succeed in avoiding another default in the near future, but if a default does occur, it will likely be even messier than the previous ones.
1/4
1/4
Econ coffee break at the @gvagrad.bsky.social
September 30, 2025 at 6:16 PM
Econ coffee break at the @gvagrad.bsky.social
This is my short speech for the graduation ceremony of our students in the Master of International Economics @gvagrad.bsky.social
I reminded them of our department’s motto: “good economics for a better world.”
I reminded them of our department’s motto: “good economics for a better world.”
September 15, 2025 at 9:13 AM
This is my short speech for the graduation ceremony of our students in the Master of International Economics @gvagrad.bsky.social
I reminded them of our department’s motto: “good economics for a better world.”
I reminded them of our department’s motto: “good economics for a better world.”
...how these ultimately fueled the student protests that paved the way for President Boric’s election.
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September 11, 2025 at 11:04 AM
...how these ultimately fueled the student protests that paved the way for President Boric’s election.
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Sebastian, while broadly supportive of the neoliberal reforms introduced by the “Chicago Boys” (and in some cases strengthened after the return of democracy), also highlights their limits, the social tensions they created, and...
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September 11, 2025 at 11:04 AM
Sebastian, while broadly supportive of the neoliberal reforms introduced by the “Chicago Boys” (and in some cases strengthened after the return of democracy), also highlights their limits, the social tensions they created, and...
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It is a must-read. As Dani Rodrik notes in his endorsement, even critics of the Chicago School will find the story and analysis interesting.
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September 11, 2025 at 11:04 AM
It is a must-read. As Dani Rodrik notes in his endorsement, even critics of the Chicago School will find the story and analysis interesting.
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5/
𝙐𝙜𝙤 𝙋𝙖𝙣𝙞𝙯𝙯𝙖
But these days I’ve also been thinking about another terrible September 11: September 11, 1973, the day of the Chilean coup. While traveling, I finally read The Chile Project by Sebastian Edwards cover to cover (I had only skimmed it before).
4/
But these days I’ve also been thinking about another terrible September 11: September 11, 1973, the day of the Chilean coup. While traveling, I finally read The Chile Project by Sebastian Edwards cover to cover (I had only skimmed it before).
4/
September 11, 2025 at 11:04 AM
𝙐𝙜𝙤 𝙋𝙖𝙣𝙞𝙯𝙯𝙖
But these days I’ve also been thinking about another terrible September 11: September 11, 1973, the day of the Chilean coup. While traveling, I finally read The Chile Project by Sebastian Edwards cover to cover (I had only skimmed it before).
4/
But these days I’ve also been thinking about another terrible September 11: September 11, 1973, the day of the Chilean coup. While traveling, I finally read The Chile Project by Sebastian Edwards cover to cover (I had only skimmed it before).
4/
We had planned to meet at Main Gate after lunch. When she arrived, Mandana told me her sister had called from Washington to say something terrible had happened and that they had been told not to go to work.
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September 11, 2025 at 11:04 AM
We had planned to meet at Main Gate after lunch. When she arrived, Mandana told me her sister had called from Washington to say something terrible had happened and that they had been told not to go to work.
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The other September 11
Most of us remember exactly where we were on September 11, 2001.
My wife and I were teaching at the American University of Beirut at the time. I was in the economics department, she at the school of public health on the other side of campus.
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Most of us remember exactly where we were on September 11, 2001.
My wife and I were teaching at the American University of Beirut at the time. I was in the economics department, she at the school of public health on the other side of campus.
1/
September 11, 2025 at 11:04 AM
The other September 11
Most of us remember exactly where we were on September 11, 2001.
My wife and I were teaching at the American University of Beirut at the time. I was in the economics department, she at the school of public health on the other side of campus.
1/
Most of us remember exactly where we were on September 11, 2001.
My wife and I were teaching at the American University of Beirut at the time. I was in the economics department, she at the school of public health on the other side of campus.
1/
With Mitu at Wat chocolate in Phnom Penh
September 4, 2025 at 2:20 PM
With Mitu at Wat chocolate in Phnom Penh
Two sides of Phnom Penh
August 30, 2025 at 1:19 PM
Two sides of Phnom Penh
5/ Colombia's fundamentals weren’t better than its neighbors, but the authorities believed there was extra credibility in repaying when everyone else defaulted.
As John Belushi put it in Animal House: “When the going gets tough, the toughs get going.”
As John Belushi put it in Animal House: “When the going gets tough, the toughs get going.”
August 27, 2025 at 10:30 AM
5/ Colombia's fundamentals weren’t better than its neighbors, but the authorities believed there was extra credibility in repaying when everyone else defaulted.
As John Belushi put it in Animal House: “When the going gets tough, the toughs get going.”
As John Belushi put it in Animal House: “When the going gets tough, the toughs get going.”
1/ On the Benefits of Repaying with Francesca Caselli @matildefaralli.bsky.social & Paolo Manasse is forthcoming in the Journal of the European Economic Association @eeanews.bsky.social Thanks to our editor Guido Lorenzoni & 3 excellent anonymous referees
August 27, 2025 at 10:30 AM
1/ On the Benefits of Repaying with Francesca Caselli @matildefaralli.bsky.social & Paolo Manasse is forthcoming in the Journal of the European Economic Association @eeanews.bsky.social Thanks to our editor Guido Lorenzoni & 3 excellent anonymous referees
August 20, 2025 at 6:57 AM
Are you interested in Economics for a better world? Join us on August 21st
@wederdim.bsky.social and I will be talking about our Graduate Programs in Economics and our work on the Economic Consequences of the Trump administration
@gvagrad.bsky.social
www.graduateinstitute.ch/communicatio...
@wederdim.bsky.social and I will be talking about our Graduate Programs in Economics and our work on the Economic Consequences of the Trump administration
@gvagrad.bsky.social
www.graduateinstitute.ch/communicatio...
August 15, 2025 at 10:56 AM
Are you interested in Economics for a better world? Join us on August 21st
@wederdim.bsky.social and I will be talking about our Graduate Programs in Economics and our work on the Economic Consequences of the Trump administration
@gvagrad.bsky.social
www.graduateinstitute.ch/communicatio...
@wederdim.bsky.social and I will be talking about our Graduate Programs in Economics and our work on the Economic Consequences of the Trump administration
@gvagrad.bsky.social
www.graduateinstitute.ch/communicatio...
Waiting for DebtCon8 in DC we brought the DebtCon7 bag to Santa
August 5, 2025 at 1:37 PM
Waiting for DebtCon8 in DC we brought the DebtCon7 bag to Santa
Buona Festa Nazionale Svizzera
Bonne Fête nationale suisse
Schönen Schweizer Nationalfeiertag
Buna Festa naziunala svizra
Happy Swiss National Day
Bonne Fête nationale suisse
Schönen Schweizer Nationalfeiertag
Buna Festa naziunala svizra
Happy Swiss National Day
August 1, 2025 at 8:14 AM
Buona Festa Nazionale Svizzera
Bonne Fête nationale suisse
Schönen Schweizer Nationalfeiertag
Buna Festa naziunala svizra
Happy Swiss National Day
Bonne Fête nationale suisse
Schönen Schweizer Nationalfeiertag
Buna Festa naziunala svizra
Happy Swiss National Day