Article ID Journal Published Year Pages File Type
5068205 European Journal of Political Economy 2013 7 Pages PDF
Abstract

This article reviews 'Pillars of Prosperity' by Timothy Besley and Torsten Persson and 'Why Nations Fail' by Daron Acemoglu and James Robinson. Both books are focussed on the role of institutions in determining the wealth of nations and the review compares and contrasts the different approaches contained in the two texts. The review also attempts to locate the texts within the broader literature in development and political economics and to link them to other recent work in these areas.

► Review of Besley and Persson 'Pillars of Prosperity' and Acemoglu and Robinson 'Why Nations Fail'. ► Inclusive and extractive institutions. ► Common-interest, redistributive and repressive states.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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