Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5068205 | European Journal of Political Economy | 2013 | 7 Pages |
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.
⺠Review of Besley and Persson 'Pillars of Prosperity' and Acemoglu and Robinson 'Why Nations Fail'. ⺠Inclusive and extractive institutions. ⺠Common-interest, redistributive and repressive states.
Keywords
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Colin Jennings,