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The hidden side of development: back to the 2024 Nobel prize winners in economics
[La face cachée du développement : retour sur les récipiendaires du Prix Nobel 2024 d'Économie]

Author

Listed:
  • Patrick Plane

    (FERDI - Fondation pour les Etudes et Recherches sur le Développement International, CERDI - Centre d'Études et de Recherches sur le Développement International - IRD - Institut de Recherche pour le Développement - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne, UM6P - Université Mohammed VI Polytechnique = Mohammed VI Polytechnic University [Ben Guerir])

Abstract

Institutions are increasingly recognised as one of the invisible factors which explain long-term economic performance. In 2024, the Nobel Academy awarded its prize to three economists who have made a major contribution to improving knowledge on the subject: Daron Acemoglu, Simon Johnson and James Robinson. This article looks back at some of their most important publications, offering a sometimes-critical commentary on their work and questions the implications it may have, particularly on the impact of iinternational migration on institutions.

Suggested Citation

  • Patrick Plane, 2025. "The hidden side of development: back to the 2024 Nobel prize winners in economics [La face cachée du développement : retour sur les récipiendaires du Prix Nobel 2024 d'Économie]," CERDI Working papers hal-05323907, HAL.
    • Handle: RePEc:hal:cdiwps:hal-05323907
    Note: View the original document on HAL open archive server: https://uca.hal.science/hal-05323907v2
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    References listed on IDEAS

    as
    1. Jean-Marie Baland & François Bourguignon & Jean-Phlippe Platteau & Thierry Verdier, 2020. "The Handbook of Economic Development and Institutions," Post-Print halshs-02489840, HAL.
    2. Sascha O. Becker & Ludger Woessmann, 2009. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 124(2), pages 531-596.
    3. Philippe Aghion & Céline Antonin & Bunel Simon, 2020. "Le Pouvoir de la destruction créatrice," Post-Print halshs-02987990, HAL.
    4. David Y. Albouy, 2012. "The Colonial Origins of Comparative Development: An Empirical Investigation: Comment," American Economic Review, American Economic Association, vol. 102(6), pages 3059-3076, October.
    5. Barro, Robert J, 1996. "Democracy and Growth," Journal of Economic Growth, Springer, vol. 1(1), pages 1-27, March.
    6. Easterly, William & Levine, Ross, 2003. "Tropics, germs, and crops: how endowments influence economic development," Journal of Monetary Economics, Elsevier, vol. 50(1), pages 3-39, January.
    7. Marcella Alsan, 2015. "The Effect of the TseTse Fly on African Development," American Economic Review, American Economic Association, vol. 105(1), pages 382-410, January.
    8. Jeffrey D. Sachs, 2003. "Institutions Don't Rule: Direct Effects of Geography on Per Capita Income," NBER Working Papers 9490, National Bureau of Economic Research, Inc.
    9. Patrick Plane, 2021. "What Factors Drive Transport and Logistics Costs in Africa ?," Post-Print hal-03224307, HAL.
    10. Mathieu Couttenier & Raphael Soubeyran, 2014. "Drought and Civil War In Sub‐Saharan Africa," Economic Journal, Royal Economic Society, vol. 124(575), pages 201-244, March.
      • Couttenier, Mathieu & Hofstetter, Annie & Soubeyran, Raphael, 2013. "Drought and civil war in sub-Saharan Africa," INRAE Sciences Sociales, Institut national de recherche pour l'agriculture, l'alimentation et l'environnement (INRAE), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2), vol. 2013, pages 1-6, March.
    11. Francesco Giavazzi & Ivan Petkov & Fabio Schiantarelli, 2019. "Culture: persistence and evolution," Journal of Economic Growth, Springer, vol. 24(2), pages 117-154, June.
    12. Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2004. "Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development," Journal of Economic Growth, Springer, vol. 9(2), pages 131-165, June.
    13. Quamrul Ashraf & Oded Galor, 2013. "The 'Out of Africa' Hypothesis, Human Genetic Diversity, and Comparative Economic Development," American Economic Review, American Economic Association, vol. 103(1), pages 1-46, February.
    14. Patrick Plane, 2021. "What Factors Drive transport and Logistics Costs in Africa ?," Working Papers hal-03198081, HAL.
    15. Daron Acemoglu & Francisco A. Gallego & James A. Robinson, 2014. "Institutions, Human Capital, and Development ," Annual Review of Economics, Annual Reviews, vol. 6(1), pages 875-912, August.
    16. Edward L. Glaeser & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2004. "Do Institutions Cause Growth?," Journal of Economic Growth, Springer, vol. 9(3), pages 271-303, September.
    17. Daron Acemoglu & Simon Johnson & James A. Robinson, 2002. "Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1231-1294.
    18. Rijkers, Bob & Freund, Caroline & Nucifora, Antonio, 2017. "All in the family: State capture in Tunisia," Journal of Development Economics, Elsevier, vol. 124(C), pages 41-59.
    19. Patrick Plane, 2021. "What Factors Drive Transport and Logistics Costs in Africa?," Journal of African Economies, Centre for the Study of African Economies, vol. 30(4), pages 370-388.
    20. Stiglitz, Joseph E, 1989. "Markets, Market Failures, and Development," American Economic Review, American Economic Association, vol. 79(2), pages 197-203, May.
    21. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
    22. Jeffrey Sachs & Pia Malaney, 2002. "The economic and social burden of malaria," Nature, Nature, vol. 415(6872), pages 680-685, February.
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