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Aldo Musacchio is a Professor of International Business and Economics at Brandeis University and a Research Associate at the NBER. Prior to that he was an Associate Professor at the Harvard Business School. He has published multiple articles on the history of corporate governance and on state capitalism in journals of management, business history and economic history.
His current work focuses on ways to improve the management and monitoring of state-owned firms. In particular, his work focuses on policies to reduce fiscal risk for governments and ways to improve the environmental outcomes of these firms. The largest polluters and producers of fossil fuels in the world are state owned, which provides an opportunity for governments to use their control to accelerate the energy transition. The issue at stake is how governments can reconfigure their fiscal structures to facilitate the energy transition when many of them get rents and subsidize voters using state-owned firms in the fossil fuel industry. As long as governments get rents from polluting firms, the energy transition will continue to be stalled by the short-term interests of politicians and voters.
Beyond academia, Musacchio is the Lead Economic Consultant on State-Owned Enterprise Reform and Extractive Industries in the InterAmerican Development Bank and a consultant for the World Bank Infrastructure Group.