Affiliation:
1. Professor of Economics and Political Science and Director of the Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD), both at the London School of Economics, London, United Kingdom.
Abstract
Almost every major episode of economic change over the past 200 years of political history has been associated with key personalities coming to power with a commitment to these changes. But if such dynamic leaders are so important, then we need to understand how they come to hold the reins of power. This outcome could be viewed as largely the product of random events colored by idiosyncratic personalities and chance encounters. However, at least some role must be given to the underlying institutional structure, which has a more systematic influence on who rises to the top. Thus, it is essential to understand how political selection works.
Publisher
American Economic Association
Subject
Economics and Econometrics,Economics and Econometrics
Cited by
298 articles.
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