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Institutions and prosperity

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  • Colin Jennings

    ()
    (Department of Economics, University of Strathclyde)

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.

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File URL: http://www.strath.ac.uk/media/departments/economics/researchdiscussionpapers/2013/13-13FINAL.pdf
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Bibliographic Info

Paper provided by University of Strathclyde Business School, Department of Economics in its series Working Papers with number 1313.

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Length: 13 pages
Date of creation: Aug 2013
Date of revision:
Publication status: Published
Handle: RePEc:str:wpaper:1313

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Keywords: Institutions; Prosperity;

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References

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  1. Alan Hamlin & Colin Jennings, 2009. "Expressive Political Behaviour: Foundations, Scope and Implications," Working Papers 0918, University of Strathclyde Business School, Department of Economics.
  2. Hillman, Arye L., 2010. "Expressive behavior in economics and politics," European Journal of Political Economy, Elsevier, vol. 26(4), pages 403-418, December.
  3. repec:cup:cbooks:9780521855266 is not listed on IDEAS
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Cited by:
  1. Potrafke, Niklas, 2013. "Minority positions in the German Council of Economic Experts: A political economic analysis," Munich Reprints in Economics 19290, University of Munich, Department of Economics.
  2. Van Long, Ngo, 2013. "The theory of contests: A unified model and review of the literature," European Journal of Political Economy, Elsevier, vol. 32(C), pages 161-181.
  3. 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.

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