Dr Alberto Botta PhD, MA, PGCert,

Senior Lecturer in Economics

Key details

Alberto Botta

Dr Alberto Botta

Senior Lecturer in Economics


Dr. Alberto Botta joined the University of Greenwich in January 2016. He is currently the Programme Leader for the MSc Economics.

Alberto holds a MA with laude in Political Sciences from the University of Pavia, and a PhD in Economics of Production and Development from the University of Insubria, Italy. He attended the Summer School on Latin American economies at ECLAC, the UN Economic Commission for Latin America and Caribbean Countries, Santiago de Chile. He also attended the Summer School on Hyman Minsky, financial Instability and post-Keynesian Economics at the Levy Economics Institute of Bard College, USA.

Alberto has been Assistant Professor of macroeconomics at the Mediterranean University of Reggio Calabria, Reggio Calabria (Italy). He also taught development economics at the Polytechnics University of Milan (Italy); monetary economics at the University of Insubria (Italy); international economics at the University of Pavia; microeconomics and development economics at the Master Programme on Cooperation and Development, University of Pavia (Italy). Alberto teaches economic integration and international cooperation at MICAD, the Master Program in Cooperation and Development in the Middle East, Bethlehem University, Bethlehem, Palestinian territories.

Posts held previously:

2010-2016, Assistant Professor, Mediterranean University of Reggio Calabria (Italy)

2007-2010, Post-Doc research fellow, University of Pavia (Italy)

Responsibilities within the university

Programme Leader of the MSc programme in Economics

Awards

CEPAL – INET award for the best paper ("The macroeconomics of the financial Dutch disease") presented at the first CEPAL workshop on "Keynes, Schumpeter and Latin American Structuralism", July 2015.

University of Greenwich Research and Enterprise award for Outstanding Achievements in Research, November 2019.

University of Greenwich Faculty of Business award for Excellence in Research, May 2020.

Kapp prize (ex-aequo) of the European Association for Evolutionary Political Economy (EAEPE) for the best paper published in 2019 ("Inequality and finance in a rent economy"), September 2020.

Recognition

Scientific Committees:

Master Programme in Cooperation and Development, University of Pavia (Italy)

Editorial boards:

PSL Quarterly Review

Reviewer for:

Structural Change and Economic Dynamics

Metroeconomica

Journal of Evolutionary Economics

Journal of post-Keynesian Economics

Economic Modelling

Review of Political Economy

Review of Radical Political Economics

Review of Keynesian Economics

International Review of Economics and Finance

Review of Social Economy

Environment and Planning

Research / Scholarly interests

Alberto's main research fields are structuralist and post-Keynesian macroeconomics, in particular as applied to the development problems of developing and emerging economies. Alberto's research activity also investigated the causes and possible economic-institutional solutions of the eurozone economic crisis, as well as the issue of financial instability in both developed and developing countries. More recently, Alberto focused his research on the description of the mechanisms characterizing the so-called shadow banking system, the interplay between financialization and inequality, and the macroeconomic effects of quantitative easing.

Recent publications

Article

Botta, Alberto and , Tippet, Benjamin (2021), Secular stagnation and core-periphery uneven development in post-crisis eurozone. SAGE Publications. In: , , , . SAGE Publications, Competition & Change ISSN: 1024-5294 (Print), 1477-2221 (Online) (doi: https://doi.org/10.1177/10245294211003864).

Botta, Alberto , Caverzasi, Eugenio, Russo, Alberto (2020), Fighting the COVID-19 Crisis: Debt Monetisation and EU Recovery Bonds. Springer Verlag. In: , , , . Springer Verlag, Intereconomics, 55 . pp. 239-244 ISSN: 0020-5346 (Print), 1613-964X (Online) (doi: https://doi.org/10.1007/s10272-020-0907-z).

Botta, Alberto , Caverzasi, Eugenio, Russo, Alberto (2020), When complexity meets finance: a contribution to the study of the macroeconomic effects of complex financial systems. Elsevier. In: , , , . Elsevier, Research Policy ISSN: 0048-7333 (Print), (doi: https://doi.org/10.1016/j.respol.2020.103990) NB Item availability restricted.

Caverzasi, Eugenio , Botta, Alberto, Capelli, Clara (2019), Shadow banking and the financial side of financialization. Oxford University Press. In: , , , . Oxford University Press, Cambridge Journal of Economics, 43 (4) . pp. 1029-1051 ISSN: 0309-166X (Print), 1464-3545 (Online) (doi: https://doi.org/10.1093/cje/bez020).

Botta, Alberto , Caverzasi, Eugenio, Russo, Alberto, Gallegati, Mauro , Stiglitz, Joseph E. (2019), Inequality and finance in a rent economy. Elsevier. In: , , , . Elsevier, Journal of Economic Behavior and Organization, 183 . pp. 998-1029 ISSN: 0167-2681 (Print), (doi: https://doi.org/10.1016/j.jebo.2019.02.013).

Botta, Alberto , Caverzasi, Eugenio, Tori, Daniele (2018), The macroeconomics of shadow banking. Cambridge University Press. In: , , , . Cambridge University Press, Macroeconomic dynamics, 24 (1) . pp. 161-190 ISSN: 1365-1005 (Print), 1469-8056 (Online) (doi: https://doi.org/10.1017/S136510051800041X).

Botta, Alberto and , Tori, Daniele (2018), The theoretical and empirical fragilities of the expansionary austerity theory. Taylor & Francis. In: , , , . Taylor & Francis, Journal of Post Keynesian Economics, 41 (3) . pp. 364-398 ISSN: 0160-3477 (Print), 1557-7821 (Online) (doi: https://doi.org/10.1080/01603477.2018.1431789).

Botta, Alberto and , (2018), The short- and long-run inconsistency of the expansionary austerity theory: a post-Keynesian/Evolutionist critique. Springer. In: , , , . Springer, Journal of Evolutionary Economics, 30 (1) . pp. 143-177 ISSN: 0936-9937 (Print), 1432-1386 (Online) (doi: https://doi.org/10.1007/s00191-018-0567-3).

Botta, Alberto and , (2017), Financial and capital account liberalisation, financial development and economic development: a review of some recent contributions. Taylor & Francis. In: , , , . Taylor & Francis, Forum for Social Economics, 47 (3-4) . pp. 362-377 ISSN: 0736-0932 (Print), 1874-6381 (Online) (doi: https://doi.org/10.1080/07360932.2017.1383286).

Botta, Alberto and , (2017), Dutch disease-cum-financialization booms and external balance cycles in developing countries. centro de economia politica. In: , , , . centro de economia politica, Brazilian Journal of Political Economy / Revista de Economia Política, 37 (3) . pp. 459-477 ISSN: 0101-3157 (Print), 1809-4538 (Online) (doi: https://doi.org/10.1590/0101-31572017v37n03a01).

Botta, Alberto , Godin, Antoine, Missaglia, Marco (2016), Finance, foreign (direct) investment, and the Dutch disease: the case of Colombia. Springer. In: , , , . Springer, Economia Politica, 33 (2) . pp. 265-289 ISSN: 1120-2890 (Print), 1973-820X (Online) (doi: http://dx.doi.org/10.1007/s****************).

Alberto, Botta and , (2016), The complex inequality-innovation-public investment nexus: what we (don’t) know, what we should know, and what we have to do. Taylor & Francis. In: , , , . Taylor & Francis, Forum for Social Economics, 46 (3) . pp. 275-298 ISSN: 0736-0932 (Print), 1874-6381 (Online) (doi: https://doi.org/10.1080/07360932.2016.1150867) NB Item availability restricted.

Botta, Alberto , Caverzasi, Eugenio, Tori, Daniele (2015), Financial–real-side interactions in an extended monetary circuit with shadow banking: Loving or dangerous hugs?. Routledge Taylor & Francis Group. In: , , , . Routledge Taylor & Francis Group, International Journal of Political Economy, 44 (3) . pp. 196-227 ISSN: 0891-1916 (Print), 1558-0970 (Online) (doi: http://dx.doi.org/10.1080/08911916.2015.1095049).

Botta, Alberto and , (2014), Structural asymmetries at the roots of the eurozone crisis: What's new for industrial policy in the EU?. Associazione Paolo Sylos Labini. In: , , , . Associazione Paolo Sylos Labini, PSL Quarterly Review, 67 (269) . pp. 169-216 ISSN: 2037-3635 (Print), 2037-3643 (Online) (doi: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12464).

Botta, Alberto and , (2014), Conflicting claims in the eurozone? Austerity's myopia and the need for a European Federal Union in a post-Keynesian eurozone center–periphery model. Edward Elgar Publishing. In: , , , . Edward Elgar Publishing, Review of Keynesian Economics (ROKE), 2 (1) . pp. 45-70 ISSN: 2049-5323 (Print), 2049-5331 (Online) (doi: http://dx.doi.org/10.4337/roke.2014.01.03).

Botta, Alberto and , (2013), Fiscal policy, Eurobonds, and economic recovery: Heterodox policy recipes against financial instability and sovereign debt crisis. Taylor & Francis Online. In: , , , . Taylor & Francis Online, Journal of Post Keynesian Economics, 35 (3) . pp. 417-442 ISSN: 0160-3477 (Print), 1557-7821 (Online) (doi: http://dx.doi.org/10.2753/PKE0160-3477350305) NB Item availability restricted.

Book section

Botta, Alberto and , (2021), Financial liberalisation, exchange rate dynamics and the financial Dutch disease in developing and emerging economies. Routledge. In: , , In: Bruno Bonizzi, Annina Kaltenbrunner, Raquel A. Ramos (eds.), Emerging Economies and the Global Financial System: Post-Keynesian Analysi. Routledge, London (1st ed.) . pp. 181-196 . ISBN: 9780367111427 (doi: https://doi.org/10.4324/9780429025037-17) NB Item availability restricted.

Monograph

Botta, Alberto , Yajima, Giuliano, Porcile, Gabriel (2021), Productive development, structural change and international capital flows: The role of macroprudential policy for transformative post-Covid recovery. UN Commission for Latin America and the Caribbean (ECLAC). In: , , , . UN Commission for Latin America and the Caribbean (ECLAC), (doi: https://mobilizingdevfinance.org/research-material/productive-development-structural-change-and-international-capital-flows-role).

Working paper

Missaglia, Marco and , Botta, Alberto (2021), Central Bank’s power versus the tyranny of financial markets: liquidity preference and macroeconomic dynamics in a world of endogenous money. University of Greenwich Business School. In: , , , . University of Greenwich Business School, London (doi: ).

Botta, Alberto and , Tippet, Ben (2020), The roots of a divided eurozone: rigid labour markets or asymmetric technology-macroeconomic regimes?. University of Greenwich Business School. In: , , , . University of Greenwich Business School, London (doi: https://www.gre.ac.uk/business/research/centres/gperc/pubreports/greenwich-papers-in-political-economy).

Botta, Alberto , Caverzasi, Eugenio, Russo, Alberto (2020), Fighting the COVID-19 emergency and re-launching the European economy: debt monetization and recovery bonds. University of Greenwich Business School. In: , , , . University of Greenwich Business School, London (doi: https://www.gre.ac.uk/business/research/centres/gperc/pubreports/gperc-policy-briefs).

Botta, Alberto , Caverzasi, Eugenio, Russo, Alberto (2019), When complexity meets finance: a contribution to the study of the macroeconomic effects of complex financial systems. University of Greenwich Business School. In: , , , . University of Greenwich Business School, London (doi: https://www.gre.ac.uk/business/research/centres/gperc/pubreports/greenwich-papers-in-political-economy).

Botta, Alberto , Caverzasi, Eugenio, Russo, Alberto, Gallegati, Mauro , Stiglitz, Joseph E. (2018), Inequality and finance in a rent economy. Business School. In: , , , . Business School, London (doi: https://www.gre.ac.uk/business/research/centres/gperc/pubreports/greenwich-papers-in-political-economy).

Botta, Alberto , Tippet, Ben, Onaran, Özlem (2018), Divergence between the core and the periphery and secular stagnation in the Eurozone. University of Greenwich Business School. In: , , , . University of Greenwich Business School, London (doi: http://www.gre.ac.uk/business/research/centres/gperc/pubreports/greenwich-papers-in-political-economy).

Caverzasi, Eugenio , Botta, Alberto, Capelli, Clara (2018), The endogeneity of money and the securitizing system. Beyond shadow banking. University of Greewich Business School. In: , , , . University of Greewich Business School, London (doi: http://www.gre.ac.uk/business/research/centres/gperc/pubreports/greenwich-papers-in-political-economy).

Botta, Alberto and , Tori, Daniele (2017), A critique to the expansionary austerity (part III): empirical counter facts beyond theoretical weaknesses. University of Greenwich Business School. In: , , , . University of Greenwich Business School, London (doi: http://www.gre.ac.uk/business/research/centres/gperc/pubreports/greenwich-papers-in-political-economy).

Botta, Alberto and , (2016), The theoretical inconsistency of the expansionary austerity doctrine (reprise): an extension to the long run. University of Greenwich Business School. In: , , , . University of Greenwich Business School, London (doi: http://www.gre.ac.uk/business/research/centres/gperc/pubreports/greenwich-papers-in-political-economy).

Botta, Alberto , Caverzasi, Eugenio, Tori, Daniele (2016), The macroeconomics of shadow banking. University of Greenwich Business School. In: , , , . University of Greenwich Business School, London (doi: http://www.gre.ac.uk/business/research/centres/gperc/pubreports/greenwich-papers-in-political-economy).

Botta, Alberto and , (2016), The theoretical weaknesses of the expansionary austerity doctrine. University of Greenwich Business School. In: , , , . University of Greenwich Business School, London (doi: http://www.gre.ac.uk/business/research/centres/gperc).

Botta, Alberto and , (2015), The complex inequality-innovation-public investment nexus. University of Greenwich. In: , , , . University of Greenwich, London (doi: ).

Botta, Alberto and , (2015), The macroeconomics of a financial Dutch disease. University of Greenwich. In: , , , . University of Greenwich, London (doi: ).

Botta, Alberto , Caverzasi, Eugenio, Tori, Daniele (2015), Financial-real side interactions in an extended monetary circuit with shadow banking: loving or dangerous hugs?. University of Greenwich. In: , , , . University of Greenwich, London (doi: ).

Botta, Alberto , Godin, Antoine, Missaglia, Marco (2015), Finance, foreign (direct) investment and Dutch disease: the case of Colombia. University of Greenwich. In: , , , . University of Greenwich, London (doi: ).

Botta, Alberto , Caverzasi, Eugenio, Tori, Daniele (2015), Financial-real side interactions in the monetary circuit: loving or dangerous hugs?. University of Greenwich. In: , , , . University of Greenwich, London (doi: ).