Why Nations Fail

Release on 2012-03-20 | by Daron Acemoglu

Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Author: Daron Acemoglu
Publisher: Currency
ISBN: 9780307719232
Category: Business & Economics
Page: 544
View: 427

Why Nations Fail

Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Language: en
Pages: 544

Why Nations Fail

Authors: Daron Acemoglu, James A. Robinson

Categories: Business & Economics

Type: BOOK - Published: 2012-03-20 - Publisher: Currency

Language: en
Pages: 35

SUMMARY - Why Nations Fail: The Origins Of Power, Prosperity, And Poverty By Daron Acemoglu And James A. Robinson

Authors: Shortcut Edition

Categories: Business & Economics

Type: BOOK - Published: 2021-06-05 - Publisher: Shortcut Edition

* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. As you read this summary, you will learn why the presence or absence of certain political and economic institutions encourage or retard progress toward prosperity.

Language: en
Pages: 54

Why Nations Fail

Authors: Summary Station

Categories: Business & Economics

Type: BOOK - Published: 2015-11-05 - Publisher: Createspace Independent Publishing Platform

Learn About The History Of Nations In A Fraction Of The Time It Takes To Read The Actual Book!!! Get this 1# Amazon bestseller for just $2.99. Regularly priced at $9.99. Read on your PC, Mac, smart phone, tablet or Kindle device Acemoglu's theory and explanation of the differences in

Language: en
Pages: 560

The Narrow Corridor

Authors: Daron Acemoglu, James A. Robinson

Categories: Political Science

Type: BOOK - Published: 2019-09-26 - Publisher: Penguin UK

'As enjoyable as it is thought-provoking' Jared Diamond By the authors of the international bestseller Why Nations Fail, based on decades of research, this powerful new big-picture framework explains how some countries develop towards and provide liberty while others fall to despotism, anarchy or asphyxiating norms - and explains how