Institutions and prosperity

Colin Jennings

No 2013-61, SIRE Discussion Papers from Scottish Institute for Research in Economics (SIRE)

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)
Date: 2013
New Economics Papers: this item is included in nep-his and nep-hpe
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Working Paper: Institutions and prosperity (2013)
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