Institutional Structure of Political Systems
Fields of Research
Research at the School in this field investigates the economic effects of the institutional structure of political systems. For example, different election systems, power sharing between the legislative and the executive, the degree of centralization of political decision making, and multi-level governance all affect the possibility of adapting existing political regulation of the economy to changing economic needs. Understanding the ways in which political institutions condition the range of possible collective decisions, for example on economic reforms, represents an indispensable contribution to the analysis of the social and political constitution of the modern economy.