The Weidenbaum Center provides significant research support for faculty in the departments of Economics, Political Science, and Sociology. This support allows a wide array of faculty members to participate in a variety of impactful research, and is of particular importance to our younger faculty who are just starting their research careers. Research efforts contribute to work that addresses key social issues locally, nationally, and globally, and enhances the prominence of Washington University in the academic and policy world. Donations fund our grant programs which support this research. We could not suport nearly as much research without this generosity.
Weidenbaum Center in the News
Steve Fazzari, Does the banking sector turmoil make a recession more likely?, Time Magazine, March 21, 2023
- Fazzari is the Former Weidenbaum Center Director and current Weidenbaum Center Resident Fellow
Margit Tavits, Research highlights gender bias persistent over centuries, The Source, March 13, 2023
- Tavits is the current Chair of the Political Science Department, a Weidenbaum Center Public Policy Lunch Speaker, and a Weidenbaum Center Grant Recipient.
Elizabeth Korver-Glenn, Black couple win discrimination case after their house value was lowballed, The Guardian, March 8, 2023
Hedwig Lee, Here's why we shouldn't fund the police, Dallas Weekly, March 8, 2023.
- Lee is a Weidenbaum Center Grant Recipient.
Peter Boumgarden, 3 Ways Business Leaders are helping their employees find their 'pot of gold', Forbes, March 5, 2023
- Boumgarden is a Weidenbaum Center Public Policy Lunch Speaker.
Faculty Grant Award Highlight
We want to congratulate Professor Yongseok Shin, Department of Economics, for receiving a grant award from the Centre for Economic Policy Research for his work on business groups and economic development with UCSD! The Weidenbaum Center assists faculty with both their external and internal grant applications to organizations both inside and outside of Washington University. Should the faculty member be issued an award, the Center additionally assists with managing all administrative aspects of that award.
Research Abstract
In some of the economic miracles, the rapid economic growth coincided with the emergence of large business groups, especially under the active involvement of the governments. Examples include Japan in the 1960s, Korea in the 1970s, and China in the 2000s. Little is known about why such groups were formed or whether they had contributed to or impeded overall economic growth. As a result, the implications for the development strategy of today's less developed countries, especially those in sub-Saharan Africa, remain unclear. The proposed research will study the role of business groups in economic development, especially in the presence of industrial policy. An important goal of the research is to develop policy implications for sub-Saharan African countries.