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Why Nations Fail : The Origins of Power, Prosperity, and Poverty

Regular price ₱623.70
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Institutional choices dictate nations' success or failure.

If you're intrigued by the monumental question of what makes countries thrive or dive, "Why Nations Fail" could prove to be an enlightening read. Daron Acemoglu and James Robinson weave an accessible narrative brimming with historical cases, arguing that a nation's fortunes hinge on its political and economic institutions. It's a rigorous yet digestible analysis that prompts reflection on global inequality, and it may very well shift your perspective on how countries can foster prosperity for their citizens.

  • Lionel Gelber Prize Nominee (2013)
  • Financial Times Business Book of the Year Nominee for Shortlist (2012)
  • Arthur Ross Book Award for Honorable Mention (2013)
  • Goodreads Choice Award Nominee for Nonfiction (2012)
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Why Nations Fail : The Origins of Power, Prosperity, and Poverty

Regular price ₱623.70
Unit price
per
ISBN: 9780307719225
Publisher: Crown Currency
Date of Publication: 2013-09-17
Format: Paperback
Related Collections: History, Politics, Economics, Science, Sociology, Business
Goodreads rating: 4.08
(rated by 48479 readers)

Description

WHY ARE SOME NATIONS RICH AND OTHERS POOR, DIVIDED BY WEALTH AND POVERTY, HEALTH AND SICKNESS, FOOD AND FAMINE? Is it culture, the weather, geography that determines prosperity or poverty? As Why Nations Fail shows, none of these factors is either definitive or destiny. Drawing on fifteen years of original research, Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take one example, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The differences between the Koreas is due to the politics that created those two different institutional trajectories. Acemoglu and Robinson marshal extraordinary historical evidence from the Roman Empire, the Mayan city-states, the Soviet Union, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, among them:    - Will China's economy continue to grow at such a high speed and ultimately overwhelm the West?    - Are America’s best days behind it? Are we creating a vicious cycle that enriches and empowers a a small minority?
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Institutional choices dictate nations' success or failure.

If you're intrigued by the monumental question of what makes countries thrive or dive, "Why Nations Fail" could prove to be an enlightening read. Daron Acemoglu and James Robinson weave an accessible narrative brimming with historical cases, arguing that a nation's fortunes hinge on its political and economic institutions. It's a rigorous yet digestible analysis that prompts reflection on global inequality, and it may very well shift your perspective on how countries can foster prosperity for their citizens.

  • Lionel Gelber Prize Nominee (2013)
  • Financial Times Business Book of the Year Nominee for Shortlist (2012)
  • Arthur Ross Book Award for Honorable Mention (2013)
  • Goodreads Choice Award Nominee for Nonfiction (2012)
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.