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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Year of publication:	2013-08
Authors:	Jennings, Colin
Institutions:	Economics Department, University of Strathclyde
Subject:	Institutions \| Prosperity

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Published Number 1313 13 pages
Classification:	D7 - Analysis of Collective Decision-Making ; N4 - Government, War, Law, and Regulation ; O1 - Economic Development ; O5 - Economywide Country Studies ; P5 - Comparative Economic Systems
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010826303