Why nations fail: the origins of power, prosperity and poverty

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"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 andoverwhelm 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."
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ISBN:
9780307719218
9780307987457
9780307719232
9780307987471
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Grouped Work ID 4afff78e-b3b8-17a9-9e7c-554a4cc90ba9
Grouping Title why nations fail the origins of power prosperity and poverty
Grouping Author acemoglu daron
Grouping Category book
Last Grouping Update 2018-09-22 23:50:37PM
Last Indexed 2018-09-22 18:00:30PM

Solr Details

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auth_author2 Robinson, James A., 1960-, Woren, Dan.
author Daron Acemoglu
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display_description Why are some nations rich and others poor? Is it culture, the weather, geography? Perhaps ignorance of the right policies? Simply, no. None of these factors is either definitive or destiny. Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Based on fifteen years of original research, Acemoglu and Robinson marshall historical evidence from the Roman Empire to the Soviet Union, from Korea to 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? Is America 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? This book will change the way you look at--and understand--the world.--From publisher description.
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subject_facet Audiobooks, Developing countries -- Economic policy, Developing countries -- Social policy, Economic development -- Developing countries, Economic history -- Political aspects, Economics -- Political aspects, Poverty -- Developing countries, Revolutions -- Economic aspects
title_display Why nations fail : the origins of power, prosperity and poverty
title_full Why Nations Fail The Origins of Power, Prosperity, and Poverty, Why nations fail : the origins of power, prosperity and poverty / Daron Acemoglu and James A. Robinson, Why nations fail [sound recording] : the origins of power, prosperity and poverty / Daron Acemoglu and James Robinson
title_short Why nations fail :
title_sub the origins of power, prosperity and poverty
topic_facet Audiobooks, Business, Economic aspects, Economic development, Economic history, Economic policy, Economics, Nonfiction, Political aspects, Politics, Poverty, Revolutions, Social policy