Institutions and prosperity

No 1313, Working Papers from University of Strathclyde Business School, Department of Economics

Abstract: 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.

Keywords: Institutions; Prosperity (search for similar items in EconPapers)
JEL-codes: D7 N4 O1 O5 P5 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2013-08
New Economics Papers: this item is included in nep-evo, nep-his and nep-hpe
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Citations: View citations in EconPapers (9)

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Working Paper: Institutions and prosperity (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:str:wpaper:1313

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