Why Nations Fail: The Origins of Power, Prosperity, and Poverty
| Author | : | |
| Rating | : | 4.69 (841 Votes) |
| Asin | : | 0307719227 |
| Format Type | : | paperback |
| Number of Pages | : | 544 Pages |
| Publish Date | : | 2013-07-21 |
| Language | : | English |
DESCRIPTION:
"Ground Hog Day Revisited" according to Albert Holden. The authors have written a wonderful work. They use numerous examples to fortify their theory of"Why Nations Fail". One doesn't need an advanced degree in Economics or History to appreciate this work. Everyone who is concerned about the future of Western Democ. BARTUM KULAH said Highly recommended for all Third World leaders, Foreign Service Personnel, Lobbyists and State Deoartment employees. A great book!!! I could not put it down. This book is well written, and has very good and in depth research. This should be a required text in all colleges and Universities. Every African and third world leader should get a copy. This is a must read for all ca. Compelling Theory Would Have Benefited From Better Editing It is quite a daunting task to come up with a comprehensive and compelling theoretical framework to explain why certain nations are able to achieve success while others remain on the treadmill of failure of long periods of time. The task is made more challengi
DARON ACEMOGLU is the Killian Professor of Economics at MIT. JAMES A. In 2005 he received the John Bates Clark Medal awarded to economists under forty judged to have made the most significant contribution to economic thought and knowledge. A world-renowned expert on Latin America and Africa, he has worked in Botswana, Mauritius, Sierra Leone, and South Africa. ROBINSON, a political scientist and an economist, is the David Florence Professor of Government
My suspicion is that I won’t be the only person to say this after reading Why Nations Fail. Much of their work focused on a single question: Why are poor places poor, and is there something we can do about it?This is one of the most important questions imaginable in economics—indeed, in the world today. He lives in Amherst, Massachusetts.A few years ago, while I was researching a book on the history of globalization, I suddenly realized that I was seeing the same two names on a lot of the smartest stuff I was reading. . They found unexpected answers—ones that may not satisfy partisans of either side, but have the ring of truth
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. 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. 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). The differences between the Koreas is due to the politics that created these completely different institutional trajectories. None of these factors is either definitive or destiny. Will it continue to grow at such high speed and o