Why Nations Fail by Daron Acemogly and James Robinson

Why did the country fail? Daron Acemogly and James Robinson set their own answers to most research and problems related to development, war and poverty. The core problem is that some countries are strong and others are weak. While others are prospering, why do some people fall into permanent poverty? Why some countries fail, some fail. The author basically thinks that "the system, more specifically the political system that determines the economic system" (Boulderin, Levin, Modica) decides whether the country will succeed or collapse.

Why the country failed, Daron Acemoglu and James A. Robinson: The fact that this book is a 15 year study is clear. The premise of this book is very simple: how comprehensive the system is ethical, and how is a malicious institutional system? Typical excerpts from history, important moments defining national roads, and how national politics are developed are well explained. It is a 500 page sandwich book with only a simple concept, but it never makes me feel repeatedly

Here, the work of Daron Acemolu and James Robinson is very useful. Why did the country fail? The origin of power, prosperity and poverty, Azmolu and Robinson believe that the political and economic system can adapt and support the prosperous economy or oppress and destroy prosperous economies It was. The authors conclude that the important difference between the economies is that they allow the economic elite and the political elite to serve their own interests ("excerpts"), or they must serve all the interests The important thing is that this is not necessarily a binary distinction.The value of this insight is that while some economies are comprehensive, other economies are not inclusive , But we have a spectrum that we can put the economy in. Organizations may try to become more inclusive.The more comprehensive and open economy is likely to secure its legitimacy Become.

In their book "Why the Country Failed", Daron Acemoglu and James A. Robison used "excavators" as a response to their nominal problems. When groups try to concentrate their power and wealth so that the group can manage the state and gain profits, an extracting body emerges. Because each of these processes can hurt the current situation and possibly overthrow one of the top oligarch countries, these countries rapidly lose their innovation, the right process, or the driving force of development. As a result, these types of institutions will become fragile and stagnate.