What determines the economic development of states and societies? This fundamental research question has spawned a wealth of economic theories over the past two centuries or so. This article analyzes the most notable of these theories and assesses a new concept by Daron Acemoglu and James A. Robinson, developed in their 2012 bestseller Why Nations Fail? The Origins of Power, Prosperity and Poverty. Our analysis and in-depth literature studies show that single-factor theories are rare; most authors list a combination of factors that they believe are crucial to economic development. Another finding is that proposed theories range from those that focus on various components of the natural environment (different variations of “geographical hypo...
Seen in historical perspective the main economic predicaments of the present world (such as poverty,...
In this chapter I explore the causal relationships between historical factors (for eg., geography, d...
Each of us is solitary. Each of us dies alone. That is a fate against which we cannot struggle, but ...
At the turn of the third millennium, a number of books were published in which their authors, among ...
Chapter fifteen of the book Why Nations Fail by Acemoglu and Robinson titled Prosperity and Poverty ...
The aim of the paper is to provide hints on how to read Acemoglu and Robinson’s institutional hypot...
The article analyses theoretical foundations of the development of an inclusive society in Ukraine. ...
The prosperity of a nation is often associated with the happiness of her people, while poverty is as...
This paper critically assesses Acemoglu and Robinson’s framework for examining economic development....
International analysis of economic growth has confirmed the theoretical assumption that internationa...
Professor North describes the difficulties encountered in promoting development: although economists...
Review Daron Acemoglu and James Robinson, Why Nations Fail: The Origins of Power, Prosperity, and P...
The state is essential to economic development because it provides the framework within which such d...
The present world is full of discrepancies and stratifications. The greatest diversity is visible on...
A review of Timothy Besley and Torsten Persson, Pillars of Prosperity: The Political Economics of De...
Seen in historical perspective the main economic predicaments of the present world (such as poverty,...
In this chapter I explore the causal relationships between historical factors (for eg., geography, d...
Each of us is solitary. Each of us dies alone. That is a fate against which we cannot struggle, but ...
At the turn of the third millennium, a number of books were published in which their authors, among ...
Chapter fifteen of the book Why Nations Fail by Acemoglu and Robinson titled Prosperity and Poverty ...
The aim of the paper is to provide hints on how to read Acemoglu and Robinson’s institutional hypot...
The article analyses theoretical foundations of the development of an inclusive society in Ukraine. ...
The prosperity of a nation is often associated with the happiness of her people, while poverty is as...
This paper critically assesses Acemoglu and Robinson’s framework for examining economic development....
International analysis of economic growth has confirmed the theoretical assumption that internationa...
Professor North describes the difficulties encountered in promoting development: although economists...
Review Daron Acemoglu and James Robinson, Why Nations Fail: The Origins of Power, Prosperity, and P...
The state is essential to economic development because it provides the framework within which such d...
The present world is full of discrepancies and stratifications. The greatest diversity is visible on...
A review of Timothy Besley and Torsten Persson, Pillars of Prosperity: The Political Economics of De...
Seen in historical perspective the main economic predicaments of the present world (such as poverty,...
In this chapter I explore the causal relationships between historical factors (for eg., geography, d...
Each of us is solitary. Each of us dies alone. That is a fate against which we cannot struggle, but ...