Dr
Nick
Kotucha
School of Sociological Studies, Politics and International Relations
Leverhulme Early Career Fellow
Full contact details
Elmfield Building
- Profile
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Nick Kotucha is a Political Economist working on the politics of financial regulation. He joined the University of Sheffield as a Leverhulme Fellow in February 2026. Before that, he held an ESRC Postdoctoral Fellowship at the University of Warwick as well as a fixed-term lectureship at Goldsmiths, University of London.
Nick’s research focuses on the intersection between financial regulation, growth models, international development, global governance and epistemic justice. His last project investigated how central bank politics interacts with different societal interests, local politics, and models of capitalism in Germany and the UK to produce distinct regulatory regimes. The findings form the basis of a forthcoming monograph with Oxford University Press.
More recently, his research has revolved around issues of democratic accountability associated with the current global governance regime as it pertains to financial regulation and central banking.
His Leverhulme project entitled “The politics of macroprudential policy diffusion in the Global South” investigates the ways in which international financial regulation initiatives can clash with local aspirations and needs, and what that implies for issues of global justice.
- Research interests
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Nick’s research is located at the intersection between International Political Economy and Comparative Political Economy and speaks to themes such as central banking, financial stability, growth models, the politics of ideas, social justice, global governance, and epistemic justice.
Most recently, his work has focused on the deregulatory turn in the Anglo-Saxon sphere – in particular the assault on financial regulation under Starmer and Trump. In a number of general audience pieces he has explored the politics driving these developments, as well as what implications they might have for people in their everyday lives and the economic systems of the affected countries.
Another strand of his work focuses on central banking. One research project with Dr Andreas Miyashiro is exploring the challenges to policy separation in an age of high government debt levels and interest rates. This project places particular emphasis on recent leakages between fiscal policy, monetary policy, and financial regulation and what this might mean for the sustainability of current governance arrangements. In two further projects with Prof Andrew Baker, Nick is also looking at the implications of regulatory actions of the Bank of England through for issues of social justice, and at how central bank views on climate change have changed over time.
Nick’s Leverhulme project with the title ‘The politics of macroprudential policy diffusion in the Global South’ seeks to connect his work on the politics of financial regulation to wider questions of global justice. Through a combination of case studies in Latin America, Sub-Saharan Africa and South-East Asia, he investigates how global governance arrangements in the area of financial regulation impact on local developmental initiatives, stability, and the aspirations of different social groups.
- Publications
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Journal articles
- Too political to delegate? Financial stability and the politics of depoliticization. Review of International Political Economy. View this article in WRRO
- Back to the Future: Labour and the Politics of Financial Deregulation. The Political Quarterly, 97(1), 118-124.
- The national life of transnational models: macroprudential policy and the politics of translation in Germany and the UK. Review of International Political Economy, 32(2), 407-429.
- The domestic sources of macroprudential policy divergence: financial regulation and the politics of housing in Germany and the UK. Comparative European Politics, 22(1), 110-127.
Other
- Will There be Another Financial Crisis? If Labour Continues Cutting Red Tape, Maybe.
- Labour's deregulation gamble.
- The UK government’s risky rollback of financial regulation threatens long-term growth. The Conversation.
- Understanding macroprudential divergence: growth models, housing systems and the issue of financial stability.
Preprints
- Back to the future: Labour and the politics of financial deregulation, Center for Open Science.
- Too political to delegate? Financial stability and the politics of depoliticization. Review of International Political Economy. View this article in WRRO
- Teaching interests
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I have previously taught:
• Introduction to Global Politics (University of Warwick)
• States and Markets (University of Warwick)
• The History of Capitalism (Goldsmiths, University of London)
• Power and Finance (Goldsmiths, University of London)