Monica DiLeo
@monicadileo.bsky.social
380 followers 470 following 31 posts
Post-doc @hertieschool.bsky.social | visiting fellow @granthamlse.bsky.social | political economy | central bank politics
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monicadileo.bsky.social
New (open access!) paper out now with Eric Helleiner and Hongying Wang in New Political Economy:

"A less reluctant (green) Atlas? Explaining the People’s Bank of China’s distinctive environmental shift"

1/ A brief thread 🧵

doi.org/10.1080/1356...
Reposted by Monica DiLeo
manuelamoschella.bsky.social
How do political institutions shape today’s wave of economic interventionism? 🇺🇸 vs 🇪🇺

Find out in our new article just out in @govjournal.bsky.social
onlinelibrary.wiley.com/doi/full/10.... @donatodc.bsky.social
Reposted by Monica DiLeo
james7jackson.bsky.social
NEW PUBLICATION - The Great Dane @mathiaslarsen.bsky.social Larsen and I review the differing concepts of state-led approaches to the green transition over the past two decades. We attempt to provide some conceptual coherence to the debate. The article is Open Access.
Reposted by Monica DiLeo
benbraun.bsky.social
Migrating birds, selective blindness, strategic skepticism, weaponized uncertainty – this paper has it all. Do give it a read, it's excellent work.
Reposted by Monica DiLeo
clemfon.bsky.social
Since the start of von der Leyen's second mandate, EU sustainable finance norms face intense dismantling pressures. My new @JEPP article shows this started years ago when the fossil fuel industry “woke up” to the EU Taxonomy. 🧵 #EUTaxonomy #SustainableFinance👇 1/10
Reposted by Monica DiLeo
jdeyris.bsky.social
🚨 Very happy to announce that our paper "Warning words in a warming world: Central bank communication and climate change" has been accepted in the European Economic Review!

Open access here: doi.org/10.1016/j.eu...

With @emacampiglio.bsky.social @davideromelli.bsky.social and Ginevra Scalisi
Reposted by Monica DiLeo
Reposted by Monica DiLeo
blmckean.bsky.social
“…he presented his Texas ID, Social Security card and a wallet-sized birth certificate. The agents refused to believe he was a citizen and took him into custody. “I told them we had rights and asked to make a phone call. But they told us, 'You don't have rights to anything'," Galicia told the paper”
Reposted by Monica DiLeo
benbraun.bsky.social
🚨New article🚨 The consensus is that contestation pushed central banks to talk 𝘮𝘰𝘳𝘦 about inequality & climate.

Our theory: At first, CBs seek to ward off politicization by talking 𝘭𝘦𝘴𝘴 about controversial topics.

We tested this 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐬𝐢𝐥𝐞𝐧𝐜𝐞 𝐡𝐲𝐩𝐨𝐭𝐡𝐞𝐬𝐢𝐬.🧵
onlinelibrary.wiley.com/doi/10.1111/...
Screenshot of the title page of linked article:
"Noisy Politics, Quiet Technocrats: Strategic Silence by Central Banks"
By Benjamin Braun and Maximilian Düsterhöft
Reposted by Monica DiLeo
rbaernthaler.bsky.social
Enabled by institutional capacity & aligned political and technocratic priorities, the People’s Bank of China has led on green central banking. It: acted early; addresses broad environmental issues beyond climate; promotes green investment, not just prudential policies.

doi.org/10.1080/1356...
A less reluctant (green) Atlas? Explaining the People’s Bank of China’s distinctive environmental shift
Why did the Chinese central bank embrace environmental policies earlier than Western central banks and with a consistent focus on a wider range of environmental issues and more ambitious promotiona...
doi.org
Reposted by Monica DiLeo
environmentalpol.bsky.social
New!

Public opinion foundations of the clean energy transition by
Alexander F. Gazmararian, Matto Mildenberger & Dustin Tingley.

This review article clarifies how public opinion's role in the clean energy transition, & charts priorities for future research.

doi.org/10.1080/0964...
ABSTRACT

Popular debates about political barriers to the clean energy transition increasingly acknowledge the mass public’s role, but often summarize its importance with amorphous concepts like ‘political’ or ‘public will.’ This essay clarifies how the public’s beliefs, preferences, and behaviors affect the clean energy transition through three channels: policymaker incentives, electoral selection, and technology adoption and siting. In turn, we consider how energy and climate policy design can influence the mass public’s preferences, emphasizing cost and benefit visibility, public perceptions of distributional effects, and cross-domain policy linkages. Drawing from our framework, we outline priorities for public opinion research on the clean energy transition.
Reposted by Monica DiLeo
james7jackson.bsky.social
🚨New Publication 🚨 in New Political Economy with the one and [email protected]. We propose the term 'Green Financial Planning' to tie together many of the terms in political economy at the moment, and demonstrate that green finance is much more than a few loans/bonds with green names
monicadileo.bsky.social
Brilliant (and scary) analysis
benbraun.bsky.social
We wrote about the US ruling class taking the reins to manage its own decline. What do the Trumpist factions of capital want? Can that be squared with the interests of the MAGA base? Capable state managers could potentially thread the needle, but that's all gone. With @cedricdurand.bsky.social.
America’s Braudelian Autumn | Benjamin Braun & Cédric Durand
Factions of capital in the second Trump administration
www.phenomenalworld.org
monicadileo.bsky.social
Haha, so glad I could provide this for you
monicadileo.bsky.social
13/ We are grateful to central banking special issue editors @amyverdun.bsky.social and Lucia Quaglia and the other contributors @wabateman.bsky.social @nfraccaroli.bsky.social @vincentab.bsky.social (and the rest who are not on Bluesky!)
monicadileo.bsky.social
12/ We build especially on existing work on green finance in China by @mathiaslarsen.bsky.social, @christianelliott.bsky.social, Simon Dikau, Uli Volz, and many others cited in the paper
monicadileo.bsky.social
11/ However, we conclude by pointing out that the PBoC hasn't always been dark green. China remains the world's largest coal consumer, and the PBoC has had to navigate directly the complexity of China’s competing short and long term objectives
monicadileo.bsky.social
10/ Second, technocratic entrepreneurship. At the PBoC, this has taken two main forms:

1. Raising the profile of certain issues over others
2. Shaping the particular ways these topics are addressed
monicadileo.bsky.social
9/ We draw inspiration from Jones and @shaharhameiri.bsky.social to highlight the ways that these political incentives make their way to the PBoC
monicadileo.bsky.social
8/ First, pressures from the wider political context. In China, the PBoC's political incentives come in the form of party-state hierarchy rather than central bank independence. And pollution was a big political problem for China when the PBoC was beginning its work 🏭
monicadileo.bsky.social
7/ We instead highlight how two variables from the lit on Western central banks also are relevant for the PBoC, but manifest in different ways 💡
monicadileo.bsky.social
6/ However, we argue that this can’t explain in a more positive sense why the PBoC became a leader on *this* particular issue; nor the particular timing or focus on wider environmental issues ❌