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Why Nations Fail

Why Nations Fail

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Add This - Why Nations Fail

Written by Daron AcemogluAuthor Alerts:  Random House will alert you to new works by Daron Acemoglu and James RobinsonAuthor Alerts:  Random House will alert you to new works by James Robinson

  • Format: Trade Paperback, 544 pages
  • Publisher: Crown Business
  • On Sale: September 17, 2013
  • Price: $17.00
  • ISBN: 978-0-307-71922-5 (0-307-71922-7)
Also available as an unabridged audiobook download, eBook and a hardcover.


C o n t e n t s
Why Egyptians fi lled Tahrir Square to bring down Hosni Mubarak
and what it means for our understanding of the causes of
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 confl ict 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
Bibliographical Essay and Sources