Acemoglu, Daron; Johnson, Simon; Robinson, James A. - 2021
This paper documents that the Rise of (Western) Europe between 1500 and 1850 is largely accounted for by the growth of …. Atlantic trade and colonialism affected Europe both directly, and indirectly by inducing institutional changes. In particular … enabled these groups to demand, obtain, and sustain changes in institutions to protect their property rights. Furthermore, the …
