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Summary of Why Nations Fail

Summary of Why Nations Fail by Daron Acemoglu and James A. Robinson | Includes Analysis

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Why Nations Fail: The Origins of Power, Prosperity, and Poverty is an examination of the causes of economic inequality. Authors Daron Acemoglu and James A. Robinson conclude that underdevelopment is caused by political institutions and not by geography, climate, or other cultural factors. Elites in underdeveloped countries deliberately plunder their people and keep them impoverished.
The city of Nogales is half in Mexico and half in the United States. People in Nogales on the US side of the border are well-educated, prosperous, and have long life expectancies. Those on the Mexican side are poor, poorly educated, and have shorter life expectancies.
The differences in Nogales can’t be explained by geography or culture. Instead, different governments cause the differences in development. The United States historically established pluralist institutions that encouraged technological innovation and spread wealth throughout the population. By contrast, in Mexico, Spanish conquerors established extractive institutions that were intended to…

PLEASE NOTE: This is key takeaways and analysis of the book and NOT the original book.

Inside this Instaread Summary of Why Nations Fail by Daron Acemoglu and James A. Robinson | Includes Analysis

Overview of the Book
Important People
Key Takeaways
Analysis of Key Takeaways

About the Author

With Instaread, you can get the key takeaways, summary and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.
21 trykte sider
Oprindeligt udgivet
2019

Vurderinger

    Richard Valqui Camahar delt en vurderingfor 3 år siden
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Citater

    SariyyaBhar citeretfor 2 år siden
    underdevelopment is caused by political institutions and not by geography, climate, or other cultural factors. Elites in underdeveloped countries deliberately plunder their people and keep them impoverished.
    ngomeniukhar citeretsidste måned
    conclude that underdevelopment is caused by political institutions and not by geography, climate, or other cultural factors
    Настя Коваленкоhar citeretfor 10 måneder siden
    Political institutions are often shaped by historical contingencies.

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