Institutions and prosperity
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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- Hamlin, Alan & Jennings, Colin, 2009. "Expressive Political Behaviour: Foundations, Scope and Implications," SIRE Discussion Papers 2009-41, Scottish Institute for Research in Economics (SIRE).
- Acemoglu,Daron & Robinson,James A., 2009.
"Economic Origins of Dictatorship and Democracy,"
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