Why Nations Fail by Daron Acemoglu and James Robinson explores why some nations are rich and others poor, attributing the differences to man-made political and economic institutions rather than culture, geography, or ignorance of good policies. Through fifteen years of research and historical evidence from various civilizations, the authors argue that inclusive institutions, which create incentives, reward innovation, and ensure broad participation in economic opportunities, lead to sustained economic success. In contrast, extractive institutions lead to poverty and stagnation. The book addresses contemporary issues like China's growth and America's future, emphasizing the importance of inclusive institutions for prosperity.
SKU Number L1010048
CSS, PMS, COMPETITIVE EXAMS
THE LARGEST COLLECTION OF BOOKS.
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Why Nations Fail by Daron Acemoglu and James Robinson explores why some nations are rich and others poor, attributing the differences to man-made political and economic institutions rather than culture, geography, or ignorance of good policies. Through fifteen years of research and historical evidence from various civilizations, the authors argue that inclusive institutions, which create incentives, reward innovation, and ensure broad participation in economic opportunities, lead to sustained economic success. In contrast, extractive institutions lead to poverty and stagnation. The book addresses contemporary issues like China's growth and America's future, emphasizing the importance of inclusive institutions for prosperity.
SKU Number L1010048
CSS, PMS, COMPETITIVE EXAMS
THE LARGEST COLLECTION OF BOOKS.
Stay ahead of the competition.
Prepare for CSS and PMS exams with our superb selection of books.
