Simon Johnson and James A Robinson will share the equivalent of £808,522 with their Turkish colleague Daron Acemoglu.
Two British professors are among the winners of the 2024 Nobel Prize in economics. Simon Johnson, 61, and James A Robinson, 64, have been recognised by the Royal Swedish Academy of Sciences for their 'studies of how institutions are formed and affect prosperity'. They were joined by Turkish economist Daron Acemoglu - also a professor - in winning the prize which includes a share of 11 million Swedish kronor .
Introducing democracy is very hard. When you introduce elections, that sometimes creates conflict.' The University of Chicago described Prof Robinson as an economist and political scientist whose research examines the relationships between political power and institutions and prosperity. It said he has conducted fieldwork around the world including Bolivia, Colombia, Haiti, the Democratic Republic of Congo, Nigeria and Sierra Leone.
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