Why Nations Fail

Author: Daron Acemoglu
Publisher: Crown Business
ISBN: 9780307719225
Release Date: 2013-08
Genre: Business & Economics

An award-winning professor of economics at MIT and a Harvard University political scientist and economist evaluate the reasons that some nations are poor while others succeed, outlining provocative perspectives that support theories about the importance of institutions. Reprint.

Summary of Why Nations Fail

Author: Instaread Summaries
Publisher: Idreambooks
ISBN: 1683785045
Release Date: 2016-09-22
Genre: Study Aids

Summary of Why Nations Fail by Daron Acemoglu and James A. Robinson Includes Analysis Preview: Why Nations Fail: The Origins of Power, Prosperity, and Poverty is an examination of the causes of economic inequality. Authors Daron Acemoglu and James A. Robinson conclude that underdevelopment is caused by political institutions and not by geography, climate, or other cultural factors. Elites in underdeveloped countries deliberately plunder their people and keep them impoverished. The city of Nogales is half in Mexico and half in the United States. People in Nogales on the US side of the border are well-educated, prosperous, and have long life expectancies. Those on the Mexican side are poor, poorly educated, and have shorter life expectancies. The differences in Nogales can't be explained by geography or culture. Instead, different governments cause the differences in development. The United States historically established pluralist institutions that encouraged technological innovation and spread wealth throughout the population. By contrast, in Mexico, Spanish conquerors established extractive institutions that were intended to... PLEASE NOTE: This is key takeaways and analysis of the book and NOT the original book. Inside this Instaread Summary of Why Nations Fail by Daron Acemoglu and James A. Robinson Includes Analysis Overview of the Book Important People Key Takeaways Analysis of Key Takeaways About the Author With Instaread, you can get the key takeaways, summary and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience. Visit our website at instaread.co.

Why Nations Fail

Author: Summary Station
Publisher: Createspace Independent Publishing Platform
ISBN: 1519135173
Release Date: 2015-11-05
Genre:

Learn About The History Of Nations In A Fraction Of The Time It Takes To Read The Actual Book!!! Get this 1# Amazon bestseller for just $2.99. Regularly priced at $9.99. Read on your PC, Mac, smart phone, tablet or Kindle device Acemoglu's theory and explanation of the differences in global prosperity is as enlightening as it is entertaining. He manages to make the puzzling concept dead simple to understand because the book, rather then a lengthy lecture explaining the theory, is a series of examples supporting it. After the first chapter, you will fundamentally understand the concept and theory behind this book, and each subsequent chapter will support the theory in fascinating ways.Take the opening example for instance: comparing a city, Nogales, that was literally cut in half by the US-Mexico border. So many history books and experts like to chalk up the world's current state to fate, such as in differences in climate or geographical location. Yet here is a shining example of how none of those things matter. At one point, this was just one city and now it has become two cities so different, you'd think their shared name and location was some sort of joke.Here Is A Preview Of What You'll Learn When You Download Your Copy Today * How Todays Wealthy Countries Run Their Governments Different From The Rest OF The World* The Reason Why Most Theories About Successful Nations Are Wrong * Learn About The Successfful Nations Of The Past That FailedDownload Your Copy Today! The contents of this book are easily worth over $9.99, but for a limited time you can download the summary of Robinson and Acemoglu's "Why Nations Fail" by for a special discounted price of only $2.99

The Poverty of Nations

Author: Wayne Grudem
Publisher: Crossway
ISBN: 9781433539114
Release Date: 2013
Genre: Religion

We can win the fight against global poverty. Combining penetrating economic analysis with insightful theological reflection, this book sketches a comprehensive plan for increasing wealth and protecting stability at a national level.

Making Democratic Governance Work

Author: Pippa Norris
Publisher: Cambridge University Press
ISBN: 9781107016996
Release Date: 2012-08-27
Genre: Business & Economics

"Is democratic governance good for economic prosperity? Does it accelerate progress towards social welfare and human development? Does it generate a peace-dividend and reduce conflict at home? Within the international community, democracy and governance are widely advocated as intrinsically desirable goals. Nevertheless, alternative schools of thought dispute their consequences and the most effective strategy for achieving critical developmental objectives. This book argues that both liberal democracy and state capacity need to be strengthened to ensure effective development, within the constraints posed by structural conditions. Liberal democracy allows citizens to express their demands, hold public officials to account and rid themselves of ineffective leaders. Yet rising public demands that cannot be met by the state generate disillusionment with incumbent officeholders, the regime, or ultimately the promise of liberal democracy ideals. Thus governance capacity also plays a vital role in advancing human security, enabling states to respond effectively to citizen's demands"--

The Price of Prosperity

Author: Todd G. Buchholz
Publisher: HarperCollins
ISBN: 9780062405715
Release Date: 2016-06-07
Genre: Business & Economics

In this bold history and manifesto, a former White House director of economic policy exposes the economic, political, and cultural cracks that wealthy nations face and makes the case for transforming those same vulnerabilities into sources of strength—and the foundation of a national renewal. America and other developed countries, including Germany, Japan, France, and Great Britain are in desperate straits. The loss of community, a contracting jobs market, immigration fears, rising globalization, and poisonous partisanship—the adverse price of unprecedented prosperity—are pushing these nations to the brink. Acclaimed author, economist, hedge fund manager, and presidential advisor Todd G. Buchholz argues that without a sense of common purpose and shared identity, nations can collapse. The signs are everywhere: Reckless financial markets encourage people to gamble with other people’s money. A coddling educational culture removes the stigma of underachievement. Community traditions such as American Legion cookouts and patriotic parades are derided as corny or jingoistic. Newcomers are watched with suspicion and contempt. As Buchholz makes clear, the United States is not the first country to suffer these fissures. In The Price of Prosperity he examines the fates of previous empires—those that have fallen as well as those extricated from near-collapse and the ruins of war thanks to the vision and efforts of strong leaders. He then identifies what great leaders do to fend off the forces that tear nations apart. Is the loss of empire inevitable? No. Can a community spirit be restored in the U.S. and in Europe? The answer is a resounding yes. We cannot retrieve the jobs of our grandparents, but we can embrace uniquely American traditions, while building new foundations for growth and change. Buchholz offers a roadmap to recovery, and calls for a revival of national pride and patriotism to help us come together once again to protect the nation and ensure our future.

Pillars of Prosperity

Author: Timothy Besley
Publisher: Princeton University Press
ISBN: 9780691152684
Release Date: 2011-08-28
Genre: Business & Economics

"Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters--places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes. To achieve peace, the authors stress the avoidance of repressive government and civil conflict. Easy taxes, they argue, refers not to low taxes, but a tax system with widespread compliance that collects taxes at a reasonable cost from a broad base, like income. And a tolerable administration of justice is about legal infrastructure that can support the enforcement of contracts and property rights in line with the rule of law. The authors show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods. In line with much historical research, international conflict has also been an important force behind effective states by fostering common interests. The absence of common interests and/or cohesive political institutions can explain the existence of very different development clusters in fragile states that are plagued by poverty, violence, and weak state capacity.

In the Wake of the Crisis

Author: Olivier Blanchard
Publisher: MIT Press
ISBN: 9780262301084
Release Date: 2012-02-24
Genre: Business & Economics

In 2011, the International Monetary Fund invited prominent economists and economic policymakers to consider the brave new world of the post-crisis global economy. The result is a book that captures the state of macroeconomic thinking at a transformational moment.The crisis and the weak recovery that has followed raise fundamental questions concerning macroeconomics and economic policy. These top economists discuss future directions for monetary policy, fiscal policy, financial regulation, capital-account management, growth strategies, the international monetary system, and the economic models that should underpin thinking about critical policy choices. ContributorsOlivier Blanchard, Ricardo Caballero, Charles Collyns, Arminio Fraga, Már Guðmundsson, Sri Mulyani Indrawati, Otmar Issing, Olivier Jeanne, Rakesh Mohan, Maurice Obstfeld, José Antonio Ocampo, Guillermo Ortiz, Y. V. Reddy, Dani Rodrik, David Romer, Paul Romer, Andrew Sheng, Hyun Song Shin, Parthasarathi Shome, Robert Solow, Michael Spence, Joseph Stiglitz, Adair Turner

Brazil in Transition

Author: Lee J. Alston
Publisher: Princeton University Press
ISBN: 9781400880942
Release Date: 2016-05-24
Genre: Business & Economics

Brazil is the world's sixth-largest economy, and for the first three-quarters of the twentieth century was one of the fastest-growing countries in the world. While the country underwent two decades of unrelenting decline from 1975 to 1994, the economy has rebounded dramatically. How did this nation become an emerging power? Brazil in Transition looks at the factors behind why this particular country has successfully progressed up the economic development ladder. The authors examine the roles of beliefs, leadership, and institutions in the elusive, critical transition to sustainable development. Analyzing the last fifty years of Brazil's history, the authors explain how the nation's beliefs, centered on social inclusion yet bound by orthodox economic policies, led to institutions that altered economic, political, and social outcomes. Brazil's growth and inflation became less variable, the rule of law strengthened, politics became more open and competitive, and poverty and inequality declined. While these changes have led to a remarkable economic transformation, there have also been economic distortions and inefficiencies that the authors argue are part of the development process. Brazil in Transition demonstrates how a dynamic nation seized windows of opportunity to become a more equal, prosperous, and rules-based society.

Dealing with China

Author: Henry M. Paulson
Publisher: Twelve
ISBN: 9781455504220
Release Date: 2015-04-14
Genre: Business & Economics

NEW YORK TIMES BESTSELLER DEALING WITH CHINA takes the reader behind closed doors to witness the creation and evolution and future of China's state-controlled capitalism. Hank Paulson has dealt with China unlike any other foreigner. As head of Goldman Sachs, Paulson had a pivotal role in opening up China to private enterprise. Then, as Treasury secretary, he created the Strategic Economic Dialogue with what is now the world's second-largest economy. He negotiated with China on needed economic reforms, while safeguarding the teetering U.S. financial system. Over his career, Paulson has worked with scores of top Chinese leaders, including Xi Jinping, China's most powerful man in decades. In DEALING WITH CHINA, Paulson draws on his unprecedented access to modern China's political and business elite, including its three most recent heads of state, to answer several key questions: How did China become an economic superpower so quickly? How does business really get done there? What are the best ways for Western business and political leaders to work with, compete with, and benefit from China? How can the U.S. negotiate with and influence China given its authoritarian rule, its massive environmental concerns, and its huge population's unrelenting demands for economic growth and security? Written in the same anecdote-rich, page-turning style as Paulson's bestselling memoir, On the Brink, DEALING WITH CHINA is certain to become the classic and definitive examination of how to engage China's leaders as they build their economic superpower.

The Tyranny of Experts

Author: William Easterly
Publisher: Basic Books
ISBN: 9780465080908
Release Date: 2014-03-04
Genre: Political Science

Over the last century, global poverty has largely been viewed as a technical problem that merely requires the right “expert” solutions. Yet all too often, experts recommend solutions that fix immediate problems without addressing the systemic political factors that created them in the first place. Further, they produce an accidental collusion with “benevolent autocrats,” leaving dictators with yet more power to violate the rights of the poor. In The Tyranny of Experts, economist William Easterly, bestselling author of The White Man's Burden, traces the history of the fight against global poverty, showing not only how these tactics have trampled the individual freedom of the world's poor, but how in doing so have suppressed a vital debate about an alternative approach to solving poverty: freedom. Presenting a wealth of cutting-edge economic research, Easterly argues that only a new model of development—one predicated on respect for the individual rights of people in developing countries, that understands that unchecked state power is the problem and not the solution —will be capable of ending global poverty once and for all.

Why The West Rules For Now

Author: Ian Morris
Publisher: Profile Books
ISBN: 9781847652942
Release Date: 2010-11-04
Genre: History

Why did British boats shoot their way up the Yangzi in 1842, rather than Chinese ones up the Thames? Why do Easterners use English more than Europeans speak in Mandarin or Japanese? To put it bluntly, why does the West rule? There are two schools of thought: the 'Long-Term Lock In' theory, suggesting some sort of inevitability, and the 'Short-Term Accident' theory. But both approaches have misunderstood the shape of history. Ian Morris presents a startling new theory. He explains with flair and authority why the paths of development differed in the East and West and - analysing a vicious twist in trajectories just ahead of us - predicts when the West's lead will come to an end. 'Here you have three books wrapped into one: an exciting novel that happens to be true; an entertaining but thorough historical account of everything important that happened to any important people in the last 10 millennia; and an educated guess about what will happen in the future. Read, learn, and enjoy!' Jared Diamond 'A great work of synthesis and argument, drawing together an awesome range of materials and authorities to bring us a fresh, sharp reading of East-West relationships.' Andrew Marr