Why Nations Fail: The Origins of Power, Prosperity, and Poverty

work by Acemoglu and Robinson

Learn about this topic in these articles:

In Daron Acemoglu: Contributions to studies of political economy and economic development
Among them are Why Nations Fail: The Origins of Power, Prosperity, and Poverty (2012), authored with his fellow laureate James Robinson, which argues that countries with “inclusive” political institutions and respect for the rule of law tend to be prosperous, while those with “extractive” institutions that enforce extreme…
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