Daron Acemoglu

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

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ISBN 13:: 9780307719218
author:: Daron Acemoglu
format:: HardBack
publisher:: Crown Business
language:: English
Publication Year:: 2012
Pages:: 529
Dimensions:: 24.1 x 17.8 x 5.1 cm
Genre:: Business, Finance & Law
Condition:: New
Availability:: Item usually sent within 10 working days

£22.51

Current Stock: 5

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Description

Description

Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson A groundbreaking work that explores the relationship between a nation's institutions and its economic success. Drawing on fifteen years of original research, the authors argue that it is our man-made political and economic institutions that underlie economic success or failure. From the Roman Empire to the Soviet Union, and from the United States to Africa, they examine the historical evidence to build a new theory of political economy. The authors show that institutions such as property rights, the rule of law, and political stability are crucial in determining a nation's prosperity. They also highlight the importance of institutions in shaping a nation's economic trajectory, as seen in the contrasting fates of North and South Korea. This book provides a fresh perspective on the big questions of today, including the future of China's economy and its implications for the world. By understanding the role of institutions in shaping a nation's prosperity, readers can gain insights into the complex factors that influence economic success and failure.

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