Chung-Ang University hosted a special lecture by Professor James A. Robinson of the University of Chicago, recipient of the 2024 Nobel Prize in Economics, on Monday, the 22nd, at 3:00 PM in Room B501, Building 310, Seoul Campus. This special lecture was part of a series of invited talks by world-renowned scholars organized ahead of the university’s 110th anniversary next year.

Professor James Robinson was a British-born economist and a world-renowned scholar in the fields of political economy and institutional economics. After earning his Ph.D. in Economics in the United Kingdom, he is serving as a professor at the Harris School of Public Policy at the University of Chicago in the United States. Through global bestsellers such as 'Why Nations Fail' and 'The Narrow Corridor', he had exerted wide-ranging influence on both the public and academic communities regarding issues of democracy, power, state capacity, and inequality.

In recognition of these academic achievements, he was awarded the 2024 Nobel Prize in Economics, and his research is regarded as one of the most important theoretical foundations in the fields of development economics, political economy, and public policy today.

The event began with opening remarks by Professor Chang-hui Kang of the Department of Economics (Secretary General of the Korean Economic Association), followed by ▲welcome address by President Sang-gue Park, ▲lecture titled 'Why Nations Fail or Succeed' by Professor James Robinson, and ▲session of questions and discussion, and  Professor Keun Lee of the Department of Economics (President of the Korean Economic Association) served as the moderator.

An official from the Department of Economics stated, “This special lecture is expected to be a valuable opportunity to directly engage with the insights of a world-renowned scholar and to provide students and researchers with diverse academic inspiration as well as an occasion for deep reflection on future society.”