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Ugo Panizza

@upanizza.bsky.social

2.6K followers 1.3K following 340 posts

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

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Rafe Meager (they/them) @economeager.bsky.social · 1d

jumpscare on instagram @dandekadt.bsky.social

some instagram account has posted a screenshot of dan's post that says "My wife and I never talk baby talk to our kid. We enforce academic seminar norms and jargon. My child isnt even 2 yet and can interrupt presenters on the first slide. Adults at family gatherings are shocked when my child asks a questino that turns out to be more of a comment." it has THIRTY SIX THOUSAND SEVEN HUNDRED AND FIVE LIKES

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Ulrike Franke @rikefranke.bsky.social · 1d

And here we go. I never wrote this article, and yet it is cited here.

www.liberalbriefs.com/geopolitics/...

And of course, it sounds so plausible, I seriously checked whether I had forgotten it, or the footnote was slightly wrong.

#AIisnotresearch

Reposted by Ugo Panizza

Anna Gelpern @agelpern.bsky.social · 6d

Less than two weeks left ‘til the #PublicDebtIsPublic platform launch at #DebtCon8! 😮 #sovereigndebt #debtcon #sovereigndebtforum @georgetownlawofficial @upanizza.bsky.social @laynamosley.bsky.social @mkessler.bsky.social @diegorivetti.bsky.social @davidmihalyi.bsky.social @tracyalloway.bsky.social

PublicDebtIsPublic @publicdebtispublic.bsky.social · 6d

Debt transparency is essential for:

✅ Democratic governance
✅ Sound economic management
✅ Properly functioning financial markets

#PublicDebtIsPublic is shifting debt information norms to establish meaningful public access to the legal and financial terms of public debt.

#SovereignDebt

Reposted by Ugo Panizza

jeeanews.bsky.social @jeeanews.bsky.social · 8d

Forthcoming article "On the Benefits of Repaying" by Francesca Caselli @matildefaralli.bsky.social Paolo Manasse and @upanizza.bsky.social
@eeanews.bsky.social

Teaching materials available: www.eeassoc.org/teaching-mat...

doi.org/10.1093/jeea...

On the Benefits of Repaying

Abstract. This paper studies whether a country can benefit from not defaulting on its debts during times of widespread sovereign defaults. We focus on Colo

Ugo Panizza @upanizza.bsky.social · 7d

Econ coffee break at the @gvagrad.bsky.social

Reposted by Ugo Panizza

Centre for Finance and Development | Geneva Graduate Institute @gvagradcfd.bsky.social · 19d

🎓Congratulations to our graduates, MAS class of 2025!

After a year of intense learning - full of boot camps, capstones, internships, projects, and coursework - our class has graduated with diplomas in hand.
@gvagrad.bsky.social @upanizza.bsky.social

Reposted by Ugo Panizza

Geneva Graduate Institute @gvagrad.bsky.social · 21d

The world is adjusting to President Trump’s 2nd term in office. Professors @upanizza.bsky.social & @wederdim.bsky.social will discuss how the new administration’s policies are reshaping the #USEconomy and the global economic order.

Join in person or online on 📅Monday, 22nd Sept.
👉 shorturl.at/psoVL

Ugo Panizza @upanizza.bsky.social · 23d

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.”

Ugo Panizza @upanizza.bsky.social · 27d

...how these ultimately fueled the student protests that paved the way for President Boric’s election.
end/

Ugo Panizza @upanizza.bsky.social · 27d

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...
6/

Ugo Panizza @upanizza.bsky.social · 27d

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.
5/

Ugo Panizza @upanizza.bsky.social · 27d

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/

Ugo Panizza @upanizza.bsky.social · 27d

We went home, turned on the TV, and watched the second plane hit the World Trade Center. A few weeks later, on October 1st, I moved back to the US. The country had changed.
3/

Ugo Panizza @upanizza.bsky.social · 27d

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.
2/

Ugo Panizza @upanizza.bsky.social · 27d

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/

Ugo Panizza @upanizza.bsky.social · Sep 6

Amazing place

Ugo Panizza @upanizza.bsky.social · Sep 4

With Mitu at Wat chocolate in Phnom Penh

Ugo Panizza @upanizza.bsky.social · Sep 1

Fried crickets

Ugo Panizza @upanizza.bsky.social · Aug 30

Two sides of Phnom Penh

Reposted by Ugo Panizza

Geneva Graduate Institute @gvagrad.bsky.social · Aug 29

Save the date for our first Lunch Briefing of the semester, by Professors @upanizza.bsky.social & @wederdim.bsky.social, who will discuss
'The Economic Consequences of the Second Trump Administration'
Moderated by Director @mlsalles.bsky.social.

📅22 Sept, 12:30 - Hybrid

Register👉 shorturl.at/sV3m4

Ugo Panizza @upanizza.bsky.social · Aug 29

I had forgotten about this short note on the economics of philanthropy written with Nathalie Monnet

Thanks to Nathan Sussman for mentioning it today in his talk at the World Philanthropy Forum @gvagrad.bsky.social

ideas.repec.org/p/gii/giihei...

A Note on the Economics of Philanthropy

This note starts with a short review of the economic literature on philanthropy. Next, it provides some estimates of philanthropic giving in advanced and middle-income economies and discusses how inno

ideas.repec.org

Reposted by Ugo Panizza

Ugo Panizza @upanizza.bsky.social · Aug 27

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

Ugo Panizza @upanizza.bsky.social · Aug 27

6/ we show that there were short-term benefits of avoiding default in terms of GDP growth and inflation.

But long-term reputation? Not so much.

ideas.repec.org/p/imf/imfwpa...

On the Benefits of Repaying

This paper studies whether countries benefit from servicing their debts during times of widespread sovereign defaults. Colombia is typically regarded as the only large Latin American country that did

ideas.repec.org

Ugo Panizza @upanizza.bsky.social · Aug 27

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.”

Ugo Panizza @upanizza.bsky.social · Aug 27

4/ We spent many days in IMF & World Bank archives (a fantastic resource) + interviewed key players in the 1980s debt crisis, including Ted Truman (“the George Smiley of international economics” according to @paulkrugman.substack.com.web.brid.gy ).