Political Economy, Institutions and Technology – Asst. Prof. Arda Gitmez

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Asst. Prof. Arda Gitmez provides a comprehensive overview of recent research in political economy, focusing on institutions, their evolution, and their impact on political and economic outcomes. Asst. Prof. Gitmez explores how formal and informal institutions shape societies, the challenges of institutional change, and the potential influence of technological advancements on future institutions.instagram.com/erutedutedueru.github.io00:00 Introduction and Purpose of the Conference02:23 What is Political Economy?04:08 The Study of Institutions in Political Economy08:22 Defining Institutions: North's Perspective11:12 Institutions and Political Outcomes: Argentina and US Examples15:24 Empirical Evidence Linking Institutions and Growth20:30 Long-Run Divergence and Trust in Europe21:58 How Institutions Evolve Over Time23:18 Theories of Institutional Change and Resistance27:19 Historical Examples: Glorious Revolution and Institutional Impact30:36 Challenges and Conditions for Institutional Change36:43 Theories of Institutional Evolution: War, Conflict, and State Formation44:20 Impact of External Shocks and River Shifts on Institutions46:12 Crisis, Power, and Ideas in Institutional Change47:06 Technological Change and Future Institutional Challenges49:02 AI, Automation, and Societal Transformation50:25 Redefining Productivity and Citizen Value in Future Societies51:21 Conclusion: Frameworks for Future Institutional AnalysisThe Rise of the State (Charles Tilly)How Democracies Die (Levitsky & Ziblatt)Institutions, Institutional Change and Economic Performance (Douglass North)James Robinson's work on institutionsDaron Acemoglu, Simon Johnson, James Robinson (2019) paper on democracy and growth