3 edition of Why Nations Fail found in the catalog.
Source title: Why Nations Fail: The Origins of Power, Prosperity and Poverty
|The Physical Object|
|Pagination||xvi, 105 p. :|
|Number of Pages||67|
nodata File Size: 4MB.
Acemoglu and Robinson tackle one of the most important problems in the social sciences - a question that has bedeviled leading thinkers for centuries - and offer an answer that is brilliant in its simplicity and power.
The book's topic is meaningful.
The authors' overall argument is that nations work better after people revolt against oligarchs, except for all the times when that didn't work.
I think almost everyone agrees that China needs to change its politics to be more inclusive. Acemoglu, Daron; Johnson, Simon; Robinson, James A. The politics and the economics of it are perfectly entwined.
Fukuyama also points out that historical facts on and the used to support the Why Nations Fail was flawed. The economic history of institutions would be fascinating, if done in a comprehensive way, but this reads more like a superficially researched college history paper than a comprehensive history of institutions and their role in economic history.
Should you invest the time to read Why Nations Fail? This exactly fits into the theory that the change in political institutions has shaped economic institutions and thus has influenced economic performance. I must tell you that I got the answer in the very first chapters. Henderson [ ] wrote a generally positive review in but criticized the authors for inconsistency when talking about a central government's role in promoting development.
What are the economic disadvantages of a tropical location? Is it culture, the weather, geography? Electoral democracy is the de jure system adopted by a country while political institutions refer to the de facto structure and quality of the political system of a certain Why Nations Fail.
next opLength ; if equal thisOp. You see this development replicated along the Pacific coast.
Political institutions such as a determine the or written distribution of political power, while the distribution of economic resources determines the or actual distribution of political power.
18 people found this helpful Informative This is a very informative and well written book.
And even then, the sparse development bespeaks an inability of the region -- due to the area's inherent dryness -- to sustain populations.