At the turn of the third millennium, a number of books were published in which their authors, among them eminent economic historians and economists, undertook to identify the reasons for wealth and poverty worldwide. This paper aims to present the main works of the recent years, which focused on income disproportions occurring globally and their possible reasons. A particular attention has been given to the latest work by Daron Acemoglu and James A. Robinson Why Nations Fail. The Origins of Power, Prosperity and Poverty (2013), in which the authors, on the example of dozens of historical cases, attempt to explain the origin of the differences existing between the wealthy and poor countries. The work is an institutional interpretatio...