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The Geopolitics & Power Podcast
James Robinson | 'Why Nations Fail' - 2024 Nobel Prize Winner In Economics
Dec 12, 2024
James Robinson, a Nobel Prize-winning economist and co-author of 'Why Nations Fail', dives into an array of captivating topics. He discusses his groundbreaking framework on inclusive versus extractive institutions, challenging traditional economic narratives. The conversation highlights the socio-political struggles in the Democratic Republic of Congo and critiques the Western-centric views in social sciences. Robinson also underscores Africa's untapped development potential and provides insights on the corruption fueled by drug trafficking challenges in Mexico and Colombia.
01:05:13
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Quick takeaways
- James Robinson highlights the impact of historical state formations, like the Kuba Kingdom, on contemporary Congolese society's governance and development.
- Cultural diversity in Africa can be harnessed for innovation and cooperation, as exemplified by Botswana's successful governance despite its heterogeneous population.
Deep dives
The Journey of Understanding Institutions
James Robinson shares his extensive work in the Democratic Republic of Congo (DRC), highlighting the country's complex history and relationship with the world. His fascination with the DRC stems from its tumultuous colonial past and its struggles with post-colonial governance. This context sets the stage for Robinson's research into how pre-colonial state formations, such as the Kuba Kingdom, continue to impact Congolese society today. Despite significant challenges, Robinson discusses the potential for progress in the DRC, emphasizing the importance of deep social contracts to overcome historical burdens.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode