Why nations fail

Why nations fail: the origins of power, prosperity and poverty

So close and yet so different: Nogales, Arizona, and Nogales, Sonora, have the same people, culture, and geography. Why is one rich and one poor?
Theories that don't work: Poor countries are poor not because of their geographies or cultures, or because their leaders do not know which policies will enrich their citizens
The making of prosperity and poverty: How prosperity and poverty are determined by the incentives created by institutions, and how politics determines what institutions a nation has
Small differences and critical junctures: the weight of history: How institutions change through political conflict and how the past shapes the present
"I've seen the future, and it works": growth under extractive institutions: What Stalin, King Shyaam, the Neolithic Revolution, and the Maya city-states all had in common and how this explains why China's current economic growth cannot last
Drifting apart: How institutions evolve over time, often slowly drifting apart
The turning point: How a political revolution in 1688 changed institutions in England and led to the Industrial Revolution

Not on our turf: barriers to development: Why the politically powerful in many nations opposed the Industrial Revolution
Reversing development: How European colonialism impoverished large parts of the world
The diffusion of prosperity: How some parts of the world took different paths to prosperity from that of Britain
The virtuous circle: How institutions that encourage prosperity create positive feedback loops that prevent the efforts by elites to undermine them
The vicious circle: How institutions that create poverty generate negative feedback loops and endure
Why nations fail today: Institutions, institutions, institutions
Breaking the mold: How a few countries changed their economic trajectory by changing their institutions
Understanding prosperity and poverty: How the world could have been different and how understanding this can explain why most attempts to combat poverty have failed

Published New York : Crown , 2012

Language English

Material 529 p.

ISBN 1846686105 / 9781846686108

HB 74 .P65 A173 2012 C.2

TCDC Bangkok - Closed Stack

HB 74 .P65 A173 2012 C.1

TCDC Khon Kaen - General Collection