Former RES President Professor Sir Tim Besley (LSE) has been awarded the BBVA Frontiers of Knowledge Award in Economics, Finance and Management along with Torsten Persson (Stockholm University) and Guido Tabellini (Bocconi University) for transforming political economy into a modern, empirical, interdisciplinary science.
The BBVA Foundation Frontiers of Knowledge Awards are an international award programme recognizing significant contributions in the areas of scientific research and cultural creation.
Tim Besley, who is School Professor of Economics and Political Science and W. Arthur Lewis Professor of Development Economics in the Department of Economics at LSE, said: “I am honored to be one of this year’s recipients of this prestigious BBVA Frontiers of Knowledge Award which recognizes the growing importance of political economy as a sub-field of economics. Sharing it with Torsten Persson and Guido Tabellini makes it particularly special.”
On announcing the award, the BBVA said: “The three awardees have made fundamental contributions to studying how political institutions and processes shape economic policies and outcomes and how economic factors, in turn, shape political institutions.”
Read the full announcement here.