Why nations fail: the origins of power, prosperity and poverty
DOI:
https://doi.org/10.23925/ddem.v.1.n.7.61361Keywords:
Law, Economy, State, Institutions, DevelopmentAbstract
This paper aims to analyze the 2012 book Why Nations Fail, co-authored by Daron Acemoglu and James A. Robinson. In this book, the authors show that it is man-made political and economic institutions that are behind economic success or failure. It centers its discussion on the role of economic institutions such as secure property rights and political institutions such as free and fair elections in promoting development. Data are presented with geographic distribution based on quantitative and qualitative data. Drawing on fifteen years of original research, they bring together historical evidence from the world to construct a new theory of political economy with great relevance to today's big questions.
References
ACEMOGLU, Daron & ROBINSON, James. Por que as nações fracassam: as origens da riqueza, da prosperidade e da pobreza; tradução de Cristiana Serra. Rio de Janeiro, Elsevier, 2013. ISBN 9786555605402.
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