Essays on Why Nations Fail

Peter Singer claims in Famine, Affluence and Morality that those who are comparatively well-off by global standards have a strong ethical duty to contribute a much larger proportion of their income than they currently do to global anti-poverty charities. In this paper, I argue this claim with an objection from Daren Acemoglu and James A. Robinson’s novel, Why Nations Fail, that weaker nations must shift their focus from extractive economic institutions to inclusive in order to stimulate growth ...

As Daron Acemoglu and James Robinson explain in their book Why Nations Fail, Botswana broke the mold and escaped the kind of state failure that other African states were facing elsewhere between the 1890s and 1990s. Botswana succeeded in doing this because it fundamentally changed its structure. Botswana wasn’t always an enriched country. At independence, Botswana was one of the poorest countries in the world and was surrounded by white regimes. Over a total of forty-five years, Botswana ...

There are various questions that economists have resorted to when trying to promote the development of a country through the elimination of poverty. Questions that address the persistent poverty in developing countries, reasons why some nations are poorer than others, and the characteristics that lead to poverty, always come up when finding ways of addressing the issue. Certain elements such as climate change, geographical location, culture, leadership styles have been put forward as the main ...

Based on the highly recognized work of Dereham Acemoglu and James Robinson, the book called Why Nations Fail, the origins of power, prosperity and poverty are discussed. Acemoglu, being an economist, realized that he could not find a straightforward answer to this mysterious question only as an economist so, without doubt, he started taking politics into consideration. So, with that, he had to seek the help of a highly recognized Harvard political scientist by the name of James A. Robinson, ...

Underdevelopment was caused by a political institution, not geography, climate, or another cultural factor. The city of Nogales is cut in half by a fence between the United States and Mexico. On the north, you'll see Nogales, Arizona, located in Santa Cruz County. In the South, you'll see Nogales Sorona. Based on the book, Nogales, Arizona has Public service that is so much better than in Nogales, Sorona. People in Nogales, Arizona, have $30,000 income a year, which leads the majority of its ...

In Why Nations Fail Acemoglu and Robinson follow in the footsteps of Easterly, Diamond, Sachs, Banerjee and Duflo in their attempts to explain why some nations fail while others succeed. Acemoglu and Robinson focus on the political and economic institutions of nations and how they were brought about by the response of different nations to critical junctures. In their opinion, nations with extractive institutions, with the elite or a small group of people controlling the wealth and power of the ...

The Institutional theory of economic divergence, as defined by Darorsn Acemoglu and James Robinson in their book Why Nations Fail: The Origins of Power, Prosperity and Poverty, states that small changes lead to critical junctures which results in economic divergences. The authors believe that their theory helps explain why some nations experience economic growth, others have a stagnate economy and others experience rapid growth but after a while economic growth declines. As history shows, a ...