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Institutions and prosperity

Jennings, Colin (2013) Institutions and prosperity. [Review]

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Abstract

A review of Timothy Besley and Torsten Persson, Pillars of Prosperity: The Political Economics of Development Clusters, Princeton University Press, Princeton, 2011, pp. 375 and Daron Acemoglu and James A. Robinson, Why Nations Fail: The Origins of Power, Prosperity and Poverty, Profile Books, London 2012, pp. 529. This article reviews ‘Pillars of Prosperity’ by Timothy Besley and Torsten Persson and ‘Why Nations Fail’ by Daron Acemoglu and James Robinson. Both books are focussed on the role of institutions in determining the wealth of nations and the review compares and contrasts the different approaches contained in the two texts. The review also attempts to locate the texts within the broader literature in development and political economics and to link them to other recent work in these areas.

Item type: Review
ID code: 42011
Keywords: prosperity, institutions, book review, pillars of prosperity, why nations fail, Political theory
Subjects: Political Science > Political theory
Department: Strathclyde Business School > Economics
Related URLs:
    Depositing user: Pure Administrator
    Date Deposited: 13 Nov 2012 10:43
    Last modified: 07 Dec 2013 04:58
    URI: http://strathprints.strath.ac.uk/id/eprint/42011

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