Why Nations Fail  (English, Paperback, Acemoglu Daron)

An analytical breakdown of the causes behind the successes of some nations and the failures of others, Why Nation Fails follows a series of case-studies on nations and their economies.

Summary of the Book

Contrary to popular belief, in the authors' opinion, the factors that influence the economic growth of nations is not hard to understand. Geography, culture and civil policies do not influence this growth. Politics and institutions do. The authors provide proof that the current economic growth of China cannot continue, and that sometimes wanting to improve things itself lends way to a critical fall. The book discusses this and more, paving the way for understanding of international growth and economic welfare as a whole.

About the Authors

Kamer Daron Acemoglu is a Turkish-born American economist and the current Elizabeth and James Killian Professor of Economics at the Massachusetts Institute of Technology. He has also written: Introduction to Modern Economic Growth and Democracy and Recent Developments in Growth Theory.

Professor Acemoglu completed his PhD. at the London School of Economics and eventually joined as a lecturer before moving to MIT.

James Arthur Robinson is the David Florence Professor of Government at Harvard University and a faculty member at the Institute of Quantitative Social Sciences and the Weatherhead Centre for International Affairs. He has also written: The Role of Elites in Economic Development, Natural Experiments of History and co-wrote Economic Origins of Dictatorship and Democracy with Prof. Acemoglu.