- Home
- Research
Pakistan’s Income Tax (Amendment) Ordinance, 2022 aka “Industrial Policy Package”
Iftikhar AhmadAvailing of the Net-metering Facility: Impact of BOI’s reforms
Abdul HaseebInvest in Future: Prioritizing Youth Family Planning
Saima BashirThe Determinants of Total Factor Productivity Growth in Pakistan: An Exploration
Omer SiddiqueArts and Culture Centers as Catalysts for Urban Vibrancy
Abbas Moosvi15-Minutes City
Ajmal Kakar - P & R Magazine
- The PDR
- Initiatives
- Key Messages
- RASTA
- Academics
- Convocation 2022
PDR
THE PAKISTAN DEVELOPMENT REVIEW
Darn Acemoglu and James A. Robinson. Why Nations Fail: The Origins of Power, Prosperity, and Poverty. New York: Crown Business. 2012. 529 pages. U.S $ 17.00.
“Why Nations Fail: The Origins of Power, Prosperity and Poverty” is an impressive book by Daron Acemoglu and James A. Robinson. In this book, the authors attempt to solve the longstanding puzzle that why some nations, such as the United Sates, Great Britain, Germany, etc. are rich today, and why the others, such as Zimbabwe, Ghana, Egypt, etc. are poor. The authors show with the help of substantial historical evidence that man-made economic and political institutions matter for the vast differences in the level of economic development among countries. They argue history is the key to understand the difference and evolution of economic and political institutions in different parts of the world. During historical evolution of the institutions, small differences and contingency (e.g., Black Death) matter a lot. According to them, it is not the geography, culture, weather or the choice of wrong policies that make countries rich or poor but it is the institutions that make countries rich or poor.
Recent Articles
Subscribe Now
Useful Links
Quick Links
© 2022 Pakistan Institute of Development Economics