The hidden side of development: Back to the 2024 Nobel prize winners in economics

Institutions are increasingly recognized as one of the invisible factors behind long-term economic performance. In 2024, the Royal Swedish Academy of Sciences awarded the Nobel Prize in Economics to three economists who have made a major contribution to improving knowledge on this subject: Daron Acemoglu, Simon Johnson, and James Robinson. This article looks back at some of their most important publications, offering a sometimes-critical commentary and examining the potential implications of their work, particularly regarding the impact of international migration on institutions.