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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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.:
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