Author Daron Acemoglu and James A. Robinson Published March 2012 Focus Examining the role of political and economic institutions in shaping a nation’s success or failure Key Concept Inclusive institutions—those that empower a broad segment of society—lead to prosperity, while extractive institutions—those controlled by a select few for personal gain—drive nations toward poverty…
Originally published at Why Nations Fail (Daron Acemoglu and James A. Robinson) – Book Summary, Notes & Highlights
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