Political institutions and the wealth of nations, Nobel Prize winner James Robinson at the Luiss Research Day

James Robinson, Nobel laureate, spoke at the Luiss Research Day about the link between political power organization and national prosperity. He analyzed case studies from South Korea, Rwanda, and Britain to explore why some nations thrive economically while others do not. The event aimed to connect research with international debates and emphasized the importance of understanding institutional evolution for economic development. Luiss University rector Paolo Boccardelli highlighted Italy's industrial strengths but noted challenges like limited productivity growth and regional disparities. Robinson's research focuses on creating effective governments in developing countries to provide essential public goods.