DESCRIPTION
Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson
tackles one of history's biggest questions, why some nations grow rich while others remain trapped in poverty. Drawing on fifteen years of original research and sweeping historical evidence from ancient empires to modern economies, Acemoglu and Robinson show that the answer lies not in geography, culture, or chance, but in the political and economic institutions that nations build for themselves. Published by Crown Currency, this paperback edition brings the authors' Nobel Prize winning insights to a wide audience of readers interested in economics, history, and global development. A New York Times and Wall Street Journal bestseller, Why Nations Fail remains essential reading for anyone seeking to understand the roots of prosperity and poverty around the world.
Key Topics Included:
● Inclusive vs. Extractive Institutions: The book's central framework for explaining why some societies thrive economically while others stagnate.
● Historical Case Studies: Examines the Roman Empire, colonial Latin America, the Soviet Union, and the divergent paths of North and South Korea.
● The Role of Politics in Prosperity: Explores how political power and decision making shape a nation's long-term economic trajectory.
● Modern Global Questions: Applies the book's framework to contemporary debates about China's growth and the future of Western economies.
● Publisher: Crown Currency
● Edition: Paperback Edition
● Binding: Paperback
● Pages: 544
● Price: 3199 PKR
● ISBN: 9780307719225