Thursday, June 19, 2025
spot_img
spot_img
HomeInsightsSimon Johnson on Technology, Institutions and Prosperity

Simon Johnson on Technology, Institutions and Prosperity

IMF PODCASTS

By Simon Johnson

WASHINGTON, USA – Countries with better institutions are more prosperous. A truism perhaps, but then why are they so hard to build and sustain?

That is the question that Simon Johnson has sought to explain since the fall of communism and the basis for the research that won him the 2024 Nobel Prize in Economic Sciences. Johnson, a former IMF chief economist, now a professor at MIT in the Sloan School of Management, shares the award with James Robinson and Daron Acemoglu, who’s also coauthor of his latest book Power and Progress, which challenges the assumption that technology equals progress.

In this podcast, Johnson says when controlled by a select few, tech innovation can be self-serving and risk undermining the institutions that make it possible.

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

Caribbean Development Bank welcomes Canada’s game-changing US$400M portfolio guarantee at G7 Summit

BRIDGETOWN, Barbados - The Caribbean Development Bank (CDB) extends its heartfelt thanks to the government of Canada for its groundbreaking announcement at the...

Global News

MEPs applaud EU membership progress of Montenegro and Moldova

Montenegro leading candidate country but more progress needed in electoral and judicial reforms and fight against organised crime and corruption Moldova steadily advances...