000 01901nam a22002057a 4500
020 _a9780307719225
040 _cPK-LaCSN
082 _a820
_bACE-W
100 _aAcemoglu,Daron
245 _aWhy nations fail
260 _aBritain:
_bProfile Books Ltd,
_c2013.
300 _3text
_axi,529 pages:
_billustrations;
_c24 cm.
500 _aWhy Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson presents a compelling and comprehensive analysis of why some nations are rich and others are poor. The authors argue that the fundamental reason for the differences in wealth and development across nations lies in their political and economic institutions. According to Acemoglu and Robinson, inclusive institutions — those that provide fair access to resources, opportunities, and political power — lead to prosperity, while extractive institutions — those that concentrate power and wealth in the hands of a few — lead to poverty and stagnation.
520 _aWhy Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson is a groundbreaking book that explores the fundamental causes of economic and political disparities between nations. The authors argue that political and economic institutions, rather than geography, culture, or ignorance, are the primary drivers of a nation's prosperity or failure. The book presents the thesis that inclusive institutions — those that provide a level playing field for all citizens and encourage innovation, investment, and economic growth — lead to prosperity. These institutions are characterized by the protection of property rights, the rule of law, a fair and transparent legal system, and open markets.
650 _aPolitical Institutions
650 _aEconomic Institutions
700 _aJames A.Robinson
942 _2ddc
_cBK
999 _c860291
_d860268