Why Nations Fail

Why Nations Fail

The Origins of Power, Prosperity, and Poverty

Audiobook CD - 2012 | Unabridged
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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.
Publisher: New York : Random House Audio, ℗2012
Edition: Unabridged
ISBN: 9780307987457
Branch Call Number: 330 ACE
Characteristics: 14 audio discs (approximately 18 hr.) : CD audio, digital ; 12 cm
audio file,CD audio
Additional Contributors: Woren, Dan
Robinson, James A. 1960-


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Oct 02, 2012

Inclusive institutions -> centralized government -> virtuous cycle -> prosperity |
Extractive institutions -> vicious cycle -> poverty

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