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mazzucatom.bsky.social
Professor in the Economics of Innovation and Public Value, University College London. Author: Entrepreneurial State, Value of Everything, Mission Economy, Big Con. Founding Director UCL Institute for Innovation & Public Purpose https://linktr.ee/mazzucatom
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On Friday I’ll take part in a @FinanceinCommon Summit plenary session to share insights from our research at @IIPP_UCL on how Public Development Banks (PDBs) can shape & co-create markets to ensure long-term, strategic economic transformation. 09.00-10.30 SAST | Register ➡️

As the US withdraws from climate commitments, other countries like Brazil are pioneering new approaches to green industrial strategy—focusing on missions like food security rather than just picking sectors. My latest in Foreign Affairs on what's at stake. Read more ➡️

The UK’s Procurement Act, which comes into force today, is a step in the right direction, as it acknowledges that access to contracts should be contingent on aligning business practices to better societal outcomes but falls short in making these conditions a requirement. Read more ➡️

This week I am in Cape Town for the Finance in Common Summit & to meet with the South African government to discuss its #G20SouthAfrica priorities. We need a shift in how we approach economic development and climate action, towards shaping and co-creating markets. Read more ➡️ tinyurl.com/r2ype2wy

Next week I’ll be in Cape Town for the Finance in Common 2025 Summit to discuss how the #G20SouthAfrica Presidency can drive a global agenda for green industrial strategy and finance. (1/2)

Looking forward to working with @josephestiglitz.bsky.social and Martin Guzman on the Commission for Global Debt & Development @ipdcolumbia.bsky.social. The global financial architecture needs to be reshaped to enable all countries to benefit from green growth. Read more here ➡️ bit.ly/435DUDB

I spoke to @valoreconomico.bsky.social about the potential for Brazil to showcase at #COP30 what it means to bring climate goals to the center of an economic growth strategy – if it continues to make the necessary investments in the state’s implementation capacity.

Great to meet with Brazil’s Vice President Geraldo Alckmin & Secretary Uallace Moreira yesterday to discuss how the tools of government can be designed to advance Brazil's industrial strategy missions & deliver green growth. Read more: Green and Just Planet ➡️ www.ucl.ac.uk/bartlett/pub...

In a @iipp-sea.bsky.social reflective space convened w women economists in Brasilia, we discussed the need for new economic thinking to bring social & environmental values to the center of economics. Excited to continue discussions w this brilliant group! More on SEA ➡️ www.ucl.ac.uk/bartlett/pub...

Tomorrow I’ll deliver the opening keynote at the @eclac.bsky.social and @gestaogovbr.bsky.social Seminar on Public Procurement for Sustainable Development, followed by a panel with Secretaries Carlos Gadelha and Uallace Moreira on strategic procurement in Brazil. Livestream here ➡️ bit.ly/3CTfAtU

Yesterday @iipp-ucl.bsky.social & MGI co-hosted an inter-ministerial workshop to inform Brazil’s forthcoming National Strategy for Public Procurement for Sustainable Development, drawing on insights from IIPPs report on State Transformation in Brazil. Our report ➡️ www.ucl.ac.uk/bartlett/pub...

Yesterday I met with @estherdweck.bsky.social, Brazil’s Minister of Management & Innovation in Public Services, to discuss @iipp-ucl.bsky.social's recent report on state transformation & implications for how the Brazilian govt implements its economic agenda. Report ➡️ www.ucl.ac.uk/bartlett/pub...

Looking forward to delivering a lecture at Brazil's IPEA today, focused on what it means to reimagine the state to achieve inclusive and sustainable economic growth. This is part of our year-long applied learning partnership with ENAP. Read our latest report ➡️ bit.ly/3QmnZck

This week I’m visiting Brasilia for a series of events with @gestaogovbr.bsky.social, ENAP and @eclac.bsky.social, building on our latest @ucl-iipp.bsky.social report State Transformation in #Brazil for @gestaogovbr.bsky.social Read the report ➡️ ucl.ac.uk/bartlett/pub...

I was on the podcast On with @karaswisher.bsky.social where I spoke with Oren Cass and @pkrugman.bsky.social on Trumponomics, DOGE and what their impact will be for the US economy and state capacities. Listen here ➡️ pod.link/1643307527

Well-designed public investment & procurement can help to boost Brazil’s lagging private sector R&D investment. Read my interview with @miriamleitao7.bsky.social in @oglobo.globo.com on our recent report on State Transformation in Brazil. Interview ➡️ oglobo.globo.com/blogs/miriam...

Successful mission-oriented policies require institutions with the capacity and capabilities to implement them. Our new working paper with @caetano_penna & Guilherme de Oliveira Santos draws insights from Brazil's Inova programme. Read more ➡️ shorturl.at/GcMwN

Great to speak with ETUC and EESC today about the critical role of workers & trade unions in shaping just green industrial strategies. One way of ensuring they benefit from these strategies is through conditionalities. Our working paper with @rodrikdani for more ➡️ www.ucl.ac.uk/bartlett/pub...

Today I’ll be speaking at the @etuc-ces.bsky.social and @eesc.bsky.social Joint Seminar about why we need a new social contract between labour, business & government - one that reverses the decline of the labour share of income. Read more here ➡️

Important @ucl-iipp.bsky.social report by @francescabria.bsky.social and @faustogernone.bsky.social on why Europe must move beyond incrementalism in digital sovereignty. Read more ➡️

Na próxima semana estarei em Brasília de 17 a 19 de fevereiro para uma série de eventos, com base em nosso último relatório @ucl-iipp.bsky.social Transformação do Estado no Brasil para @gestaogovbr.bsky.social Mais sobre nosso relatório aqui ➡️ www.ucl.ac.uk/bartlett/pub...

Next week I’ll be in Brasilia 17-19th Feb for a series of events, building on our latest @ucl-iipp.bsky.social report State Transformation in Brazil for @gestaogovbr.bsky.social More on our report here ➡️ https://www.ucl.ac.uk/bartlett/public-purpose/publications/2025/feb/state-transformation-brazil

AI technology benefits from decades of public investment. The challenge isn’t about regulation - we must ensure AI serves public purpose rather than becoming another machine of rent extraction for ‘big tech’. My latest for Project Syndicate with @tomvalletti.bsky.social ➡️ https://buff.ly/3QfRjBh

Today at 14:15 I’ll be at @houseofcommons.parliament.uk discussing industrial strategy. Our research at IIPP shows that growth is an outcome of missions that mobilize the whole economy across sectors. Read our submission to the public consultation for the green paper here ➡️ buff.ly/4jUAw4f (1/2)

Great to have been part of the #AIActionSummit, discussing how to move away from a model of digital feudalism. My latest Op-Ed with @lemonde.fr outlines the real challenge: ensuring that AI development creates public value, beyond just extracting rents. Read more ➡️

Don’t miss the #AIActionSummit @projectsyndicate.bsky.social panel today at 14:10 CET, where I’ll be discussing how to rebuild capacity within governments to govern AI in the public interest, building on work we did on Algorithmic Rents with Ilan Strauss and Tim O'Reilly ➡️ buff.ly/3Exa6Fx

Who really funds tech innovation? Public investments created the foundations for Google, Uber, and Apple. Now we must ensure AI serves society, not just entrenching tech monopolies. More in my latest for @projectsyndicate.bsky.social ➡️

Deeply saddened to learn of Prof Dick Nelson's passing. His foundational work on evolutionary economics profoundly shaped my thinking on innovation and the limits of market failure theory. We met several times, including at Ford Foundation (he the second from right, and I, the only woman 🤔) 1/4 🧵

At the upcoming #AIActionSummit, Europe has a chance to pioneer a different approach: creating an AI ecosystem that prioritizes public value over extraction. Read my latest on @projectsyndicate.bsky.social ➡️ www.project-syndicate.org/commentary/a...

Elon Musk’s unprecedented access to the US Treasury’s payment system threatens financial stability. Emily DiVito & RI fellow @grahamsteele.bsky.social warn what these actions could mean for working people and the broader financial economy. @bloombergtax.com news.bloombergtax.com/tax-insights...

Brazil's economic transformation agenda requires rethinking the role of the state. Our new @ucl-iipp.bsky.social report offers recommendations on procurement, state-owned enterprises & digital public infrastructure, based on our partnership with @gestaogovbr.bsky.social ➡️ tinyurl.com/2xkcwh82

Next Monday I’ll be taking part in the #AIActionSummit @projectsyndicate.bsky.social panel AI in the Public Interest: Competition & Investment. My view is clear: AI, as any other transformative technology, must be steered towards the direction of value creation for the common good.

Today at 18:15 I'll be on @lbc.co.uk Radio with @AndrewMarr9 taking a look ahead at the upcoming UK spring budget. Listen live on radio or online on ➡️ www.globalplayer.com/live/lbc/uk/

Ahead of the #AIActionSummit in Paris, my latest Substack is a reminder that technologies aren't neutral – they have a direction that can be steered toward public value creation or for the enrichment of a few powerful companies. Read and subscribe here ➡️ marianamazzucato.substack.com/p/ai-for-what

🤖How can governments regulate #AI for the common good? IIPP’s @mazzucatom.bsky.social and Fausto Gernone argue that governments must take an active role in AI development by shaping markets and designing systems that will serve the common good. ✍️Read more here: https://buff.ly/3W3TY4l

🌎"Blended finance is not working" IIPP's Director @mazzucatom.bsky.social highlights the shortcomings of blended finance and advocates for a new approach for mobilizing private finance to finance the #SDGs in her latest blog for UN DESA. 🔗️Read more here: https://buff.ly/40mqPUp

Dick will be massively missed. ❤️ Changed so many of our trajectories.

Joining @wiltonpark.bsky.social virtually to explore the lessons internationally on Industrial Strategy with UK civil servants. Our work at @ucl-iipp.bsky.social shows how govts can catalyse cross-sectoral innovation to tackle grand challenges like climate change ➡️ www.ucl.ac.uk/bartlett/pub...