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Institutional persistence

Political Economy

Definition

The continued operation of rules and organisations despite shifts in leadership, power balances or member-state preferences.

Theoretical Context

Hegemonic Stability Theory - The claim concerns the provision and maintenance of an order, not a guarantee that every hegemon behaves benevolently.

Key Thinkers

Charles P. Kindleberger
Robert Gilpin
Stephen D. Krasner

Further Reading

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Institutional persistence | Dictionary - Reymonta