Institutions and prosperity
AbstractThis 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.
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Bibliographic InfoPaper provided by University of Strathclyde Business School, Department of Economics in its series Working Papers with number 1313.
Length: 13 pages
Date of creation: Aug 2013
Date of revision:
Publication status: Published
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Web page: http://www.strath.ac.uk/economics/
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Find related papers by JEL classification:
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- N4 - Economic History - - Government, War, Law, International Relations, and Regulation
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies
- P5 - Economic Systems - - Comparative Economic Systems
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-08-31 (All new papers)
- NEP-EVO-2013-08-31 (Evolutionary Economics)
- NEP-HIS-2013-08-31 (Business, Economic & Financial History)
- NEP-HPE-2013-08-31 (History & Philosophy of Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Acemoglu,Daron & Robinson,James A., 2006.
"Economic Origins of Dictatorship and Democracy,"
Cambridge University Press, number 9780521855266, December.
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- Alan Hamlin & Colin Jennings, 2009.
"Expressive Political Behaviour: Foundations, Scope and Implications,"
0918, University of Strathclyde Business School, Department of Economics.
- Hamlin, Alan & Jennings, Colin, 2009. "Expressive Political Behaviour: Foundations, Scope and Implications," SIRE Discussion Papers 2009-41, Scottish Institute for Research in Economics (SIRE).
- Niklas Potrafke, 2013. "Minderheitsvoten im Sachverständigenrat: Eine politisch-ökonomische Analyse," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 66(09), pages 37-40, 05.
- Niklas Potrafke, 2013.
"Minority positions in theGerman Council of Economic Experts: A political economic analysis,"
Ifo Working Paper Series
Ifo Working Paper No. 160, Ifo Institute for Economic Research at the University of Munich.
- Potrafke, Niklas, 2013. "Minority positions in the German Council of Economic Experts: A political economic analysis," European Journal of Political Economy, Elsevier, vol. 31(C), pages 180-187.
- Niklas Potrafke, 2013. "Minority Positions in the German Council of Economic Experts: A Political Economic Analysis," CESifo Working Paper Series 4206, CESifo Group Munich.
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