Date: Monday 7 November 2011
Time: 6.30-8pm
Venue: Sheikh Zayed Theatre, New Academic Building
Speakers: Professor Timothy Besley, Professor Torsten Persson
Respondents: Professor Francesco Caselli, Professor Robert Wade

This new book combines the tools of modern political economics with a bird's-eye view of the data, to explain development clusters, i.e. why some places that enjoy effective state institutions, the absence of political violence, and high incomes while others are plagued by poverty, violence, and low state capacity. The authors place the creation of cohesive state institutions at the heart of their understanding of these issues. They also discuss policy responses by the international community.

This event celebrates the publication of Pillars of Prosperity: The Political Economics of Development Clusters written by Tim Besley and Torsten Persson.

Timothy Besley is Kuwait Professor of Economics and Political Science, Director of STICERD and Director of the Institute of Public Affairs at the LSE. His main research interests are in development economics, public economics and political economics.

Francesco Caselli is a Professor of Economics in the Department of Economics at LSE.

Torsten Persson holds the Torsten and Ragnar Söderberg Chair in Economic Sciences at IIES, Stockholm University, and a Centennial Professorship at the LSE. His research spans several fields, but he is most well-known for his articles and books on political economics.

Robert Wade is a Professor of Political Economy and Development in the Department of International Development at LSE.

Suggested hashtag for this event for Twitter users: #lsepop

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