PhD Studentship: Public Finance and Private Investment for a Green Economic Transformation

Opportunity Overview:
Apply for a totally funded PhD studentship with Professor Mariana Mazzucato, centered on exploring the connection between public finance and personal sector funding to drive a inexperienced financial transformation. This analysis will develop new financial theories to help the implementation of inexperienced industrial methods, with the purpose of shaping a extra sustainable and inclusive world economic system.

Details:

• Supervisor: Professor Mariana Mazzucato
  Founding Director of UCL Institute for Innovation and Public Purpose (IIPP), Professor within the Economics of Innovation and Public Value at UCL.
• Funding:
  • Full UCL PhD tuition charges for UK or worldwide candidates.
  • Annual dwelling stipend of roughly £22,780 (tax-free), together with London Weighting of £2,000 per 12 months.
  • Duration: 4 years, beginning 1 May 2026 or 1 October 2026.
  • Funding pro-rated relying on the beginning date.
• Deadline for Applications:
  Sunday, 14 December 2025 @23:59 (UK time)

Background:
The Institute for Innovation and Public Purpose (IIPP) at University College London (UCL) integrates cutting-edge tutorial analysis with coverage apply to rethink the position of the state in addressing society’s biggest challenges. IIPP collaborates globally to develop frameworks that problem conventional financial pondering, with the purpose of fostering innovation-led, inclusive, and sustainable progress.

IIPP’s analysis and instructing concentrate on remodeling the position of public coverage, emphasizing the energetic shaping and co-creation of markets quite than merely fixing market failures. This method goals to reorient public organizations towards mission-led, purpose-driven targets to deal with the grand challenges of the twenty first century.

PhD Project Focus:
This studentship will concentrate on public financing mechanisms that allow outcomes-oriented inexperienced industrial methods. Building on Professor Mazzucato’s earlier work on The Entrepreneurial State and Mission Economy, the analysis will make use of each micro- and macroeconomic evaluation to higher perceive how public insurance policies can crowd in personal funding. The purpose is to discover methods to hyperlink personal sector funding to mission-oriented public funding that additionally addresses world funding gluts and the financialization of enterprise.

Key goals embrace:

• Challenging dominant financial paradigms that downplay the position of the state.
• Developing a conceptual framework connecting macroeconomic insurance policies with industrial technique.
• Investigating how public funding can catalyze personal funding and informing coverage design.

Research Context:
The challenge will contain wealthy case research from IIPP’s worldwide collaborations, notably within the Global South(together with areas corresponding to Mexico, Brazil, Senegal, South Africa, Malaysia, and Indonesia), offering a various and interdisciplinary tutorial surroundings.

Candidate Profile:
We are wanting for a motivated and impartial researcher with a robust curiosity in sustainable finance and inclusive industrial coverage.

• Essential Criteria:
  • First or excessive Upper Second-Class Honours diploma (or worldwide equal).
  • A BA and Master’s diploma (or equal skilled expertise) in Economics.
  • Experience utilizing quantitative analysis strategies.
  • Demonstrated tutorial potential by way of earlier analysis or related skilled expertise.
• Desirable Criteria:
  • Background in industrial economics, macroeconomics, or monetary economics.

Applicants should meet the UCL IIPP PhD Programme entry necessities and English language proficiency (Level 4).

Application Process:

1. Stage 1 – Eligibility and Application Submission:
   • Submit your CV to bartlett.phd-ecidi@ucl.ac.uk with the topic line: “PhD Studentship in Public Finance and Private Investment.”
   • Complete the application kind.

   Deadline: 14 December 2025, 23:59 (UK time)

2. Stage 2 – Interview Process:
   Shortlisted candidates might be invited to an interview, the place they are going to current their analysis concepts. Candidates will even want to supply:
   • Degree certificates and transcripts.
   • Contact particulars for two referees.

   Interview Focus:

   • Academic and skilled excellence.
   • Relevance of instructional background.
   • Fit with IIPP’s analysis themes (e.g., market shaping, collective worth creation).
   • Quality and feasibility of proposed analysis.

After the interview, the profitable candidate will formally apply to the UCL IIPP PhD Programme.

We welcome functions from candidates of all backgrounds and encourage these from underrepresented communities and various disciplinary, linguistic, and geopolitical views to apply.

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