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16:07, Tue 24 Oct 2006
Most research in political economy starts with the presumption that institutions persist and shape the political-economic interactions of different groups and agents. Many societies, however, experience frequent changes in their political institutions. Certain economic institutions also change. In the face of this picture of frequently changing institutions, do such institutions really persist?
Professor James Robinson, Harvard University, discusses the nature of institutional persistence and examines the mechanisms whereby elite minorities are able to manage the distribution of economic and political authority.
Length: 20 mins
(MP3 format, 18 MB