What the 2024 Nobel Prize Means for SCM Research
SCM Research
OCTOBER 15, 2024
This year’s Nobel Memorial Prize in Economic Sciences was awarded to Daron Acemoğlu, Simon Johnson and James A. Robinson for their research on how political institutions affect long-term economic prosperity. Their work shows how colonial-era institutions continue to influence whether countries develop inclusive systems that foster growth or extractive systems that benefit elites and perpetuate inequality.
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