Why Nations Fail
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📒Why Nations Fail ✍ Daron Acemoglu
✏Why Nations Fail Book Summary : 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 and overwhelm 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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📒Summary Of Why Nations Fail ✍ Instaread
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📒How Why Nations Fail ✍ A. I. Abana
✏How Why Nations Fail Book Summary : In a world forged by the shards of history it is not to be expected that countries court the very things that have proven to be the grey cardinals fostering the underdevelopment, backwardness and failures that mark them and others. Time and again these things perpetrate the carnage, tumult and catastrophes that have kept countries chained, making them haemorrhage God given potential, with some managing to attain only a modicum of progress in areas they would have been no less of the global best. These harbingers of failure and backwardness are not restricted to any one country, they are to be found in just about every geographical expression known to mankind as a "nation." They differ only to the degree to which they are pronounced and in the reach within which their effects are palpable. It is my unreserved intent in this volume to disambiguate these agents of national failure down to the metal, to the end that such knowledge may prove useful in whatever noble scope it is needed.
📒Why Nations Fail ✍ Summary Station
✏Why Nations Fail Book Summary : Learn About The History Of Nations In A Fraction Of The Time It Takes To Read The Actual Book!!! Get this 1# Amazon bestseller for just $2.99. Regularly priced at $9.99. Read on your PC, Mac, smart phone, tablet or Kindle device Acemoglu's theory and explanation of the differences in global prosperity is as enlightening as it is entertaining. He manages to make the puzzling concept dead simple to understand because the book, rather then a lengthy lecture explaining the theory, is a series of examples supporting it. After the first chapter, you will fundamentally understand the concept and theory behind this book, and each subsequent chapter will support the theory in fascinating ways.Take the opening example for instance: comparing a city, Nogales, that was literally cut in half by the US-Mexico border. So many history books and experts like to chalk up the world's current state to fate, such as in differences in climate or geographical location. Yet here is a shining example of how none of those things matter. At one point, this was just one city and now it has become two cities so different, you'd think their shared name and location was some sort of joke.Here Is A Preview Of What You'll Learn When You Download Your Copy Today * How Todays Wealthy Countries Run Their Governments Different From The Rest OF The World* The Reason Why Most Theories About Successful Nations Are Wrong * Learn About The Successfful Nations Of The Past That FailedDownload Your Copy Today! The contents of this book are easily worth over $9.99, but for a limited time you can download the summary of Robinson and Acemoglu's "Why Nations Fail" by for a special discounted price of only $2.99
✏How and Why Nations Fail Book Summary :
✏Why Nations Fail Key Arguments and Empirical Support of the Theories Book Summary : Essay from the year 2018 in the subject Politics - International Politics - Topic: Globalization, Political Economics, University of Göttingen, language: English, abstract: "An estimated 766 million people, or 10.7 percent of the world's population, lived in extreme poverty in 2013." (World Bank 2017, p. 1) As if these numbers itself weren't enough sign of the great inequality in incomes after centuries of prosperity, following the World Income Indicators, more than half of the people living under these circumstances originate from one region, Sub-Saharan-Africa. Maybe as long as growth has been observable, controversies about the causes and its inherent erratic distribution flourished. Over time, many hypotheses have been proposed, discussed and rejected. Two of the ones that managed to establish themselves are subject of this essay. More specifically, what their key arguments and empirical support are. One the one hand, the institutional theory of growth promoted most notably by Acemoglu and fellows (2012; 2005). On the other hand the geographic theory of growth, proposed by Sachs et al. (1998; 1999). Plan of the essay is as follows. Chapter II will describe the institutional theory of growth as described in Acemoglu and Robinson (2012). Chapter III assesses the key factors and their empirical support of the institutional and geographic growth hypotheses respectively. Followed by Chapter IV, which gives insight on surrounding literature. Chapter V discusses the main problems of each line of argument, concluding that the institutional model offers more consistency.
📒Why Latin American Nations Fail ✍ Matías Vernengo
✏Why Latin American Nations Fail Book Summary : The question of development is a major topic in courses across the social sciences and history, particularly those focused on Latin America. Many scholars and instructors have tried to pinpoint, explain, and define the problem of underdevelopment in the region. With new ideas have come new strategies that by and large have failed to explain or reduce income disparity and relieve poverty in the region. Why Latin American Nations Fail brings together leading Latin Americanists from several disciplines to address the topic of how and why contemporary development strategies have failed to curb rampant poverty and underdevelopment throughout the region. Given the dramatic political turns in contemporary Latin America, this book offers a much-needed explanation and analysis of the factors that are key to making sense of development today.
✏Release Date : 2014
✏ISBN : OCLC:1051402773
✏Available Language : English, Spanish, And French
✏Book Review Daron Acemoglu and James A Robinson Why Nations Fail The Origins of Power Prosperity and Poverty And Ian W McLean Why Australia Prospered The Shifting Sources of Economic Growth Book Summary :
📒Why Nations And Economies Can Fail ✍ Introbooks
✏Why Nations and Economies Can Fail Book Summary : The world is currently in a relatively peaceful state with billions of people living under a comfortable roof and feels warm enough during winter nights. Many do not suffer, but it is very possible for all these things to be flipped over in a matter of days. The economy and 'peaceful' nations that we see today are not forever. Take Greek, for example, a nation that used to possess the highest level of civilization is now drowning in debt.The extractive economy (a system that relies on harvesting and exporting raw or low-processed materials) that various countries fall into due to lack of means to process raw materials are signs of the danger. It is a vicious cycle that was pointed out by Daron Acemoglu in his book 'Why Nations Fail: The Origins of Power, Prosperity, and Poverty'. And this is only the tip of the iceberg that might surface anytime soon according to the book.