Power and Reform
Reforming institutions can be incredibly challenging due to the self-interest of ruling elites, who often prefer to maintain inefficient systems that secure their power. Even when national leaders support liberalization, local elites may resist change to protect their own influence, complicating the implementation of beneficial policies. The dynamics of relative political power further complicate the situation, as those in power may fear losing their position to newly empowered groups if reforms are enacted.In this clip
From this podcast
The Science of Everything Podcast
Episode 108: Political Institutions and Sustained Economic Growth
Related Questions