daron acemoglu and james a robinson why nations fail

In this case, it would be inserting “Many” at the start. Once again, the point would be better stated if an additional word appeared in the sentence. Pluralist institutions encourage development.” “Differences in development are the result of differences in political institutions. Their point is further driven home in key takeaway two: Being conquered by a superior power also should be included. Yet, it is clear through history that the presence of local resources is a significant contributor to economic success.

This would have been far more accurate had the word “only” been inserted after “explained.” The authors argue that it is the lack of more egalitarian social and political institutions that keep nations from developing. “Differences in development are not explained by geography or culture.” This is clear from the first of the key takeaways: We read every chapter, identify the key takeaways and analyze them for your convenience.įrom this summary, it is clear that the authors of the book make some significant points, but that those points suffer from some unconsidered limits. With Instaread, you can get the key takeaways, summary and analysis of a book in 15 minutes. Inside this Instaread Summary of Why Nations Fail by Daron Acemoglu and James A. PLEASE NOTE: This is key takeaways and analysis of the book and NOT the original book. By contrast, in Mexico, Spanish conquerors established extractive institutions that were intended to… The United States historically established pluralist institutions that encouraged technological innovation and spread wealth throughout the population. Instead, different governments cause the differences in development. The differences in Nogales can’t be explained by geography or culture. Those on the Mexican side are poor, poorly educated, and have shorter life expectancies. People in Nogales on the US side of the border are well-educated, prosperous, and have long life expectancies. The city of Nogales is half in Mexico and half in the United States.

Elites in underdeveloped countries deliberately plunder their people and keep them impoverished. Robinson conclude that underdevelopment is caused by political institutions and not by geography, climate, or other cultural factors. Why Nations Fail: The Origins of Power, Prosperity, and Poverty is an examination of the causes of economic inequality. Summary of Why Nations Fail by Daron Acemoglu and James A.

Daron acemoglu and james a robinson why nations fail