2024 Nobel Prize in Economics Awarded to 3 Researchers for Institutional Impact Studies

Monday, 14 October 2024, 09:44

2024 Nobel Prize in Economics highlights significant findings from three researchers on institutional impact. Daron Acemoglu, Simon Johnson, and James Robinson explored crucial themes in poverty, prosperity, and welfare policies in relation to security and world politics. Their studies shed light on why nations fail and the dynamics of policy making, particularly concerning the UK and Turkey.
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2024 Nobel Prize in Economics Awarded to 3 Researchers for Institutional Impact Studies

2024 Nobel Prize Announcement

The Royal Swedish Academy of Sciences has announced the winners of the 2024 Nobel Prize in Economics. On Monday, October 14, the Academy awarded Daron Acemoglu, Simon Johnson, and James Robinson the prestigious prize for their insightful studies on institutional impact.

Groundbreaking Research

This year's prize was focused on critical issues such as poverty, prosperity, and welfare policies. The researchers emphasized the intricate relationship between security and world politics, illuminating key factors that contribute to the success or failure of nations. Their work draws from detailed analyses of the UK and Turkey, articulating vital lessons in policy making.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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