TY - BOOK AU - Acemoglu,Daron TI - Why nations fail SN - 9781846684302 U1 - 330 PY - 2013/// CY - London PB - Profile Books KW - Developing countries KW - Economic policy KW - Social policy KW - Economic development KW - Economic history KW - Political aspects KW - Economics KW - Poverty KW - Revolutions KW - Economic aspects N1 - This is a provocative new theory of political economy explaining why the world is divided into nations with wildly differing levels of prosperity.Based on fifteen years of research, and answering the competing arguments of authors ranging from Max Weber to Jeffrey Sachs and Jared Diamond, Acemoglu and Robinson step boldly into the territory of Francis Fukuyama and Ian Morris. They blend economics, politics, history and current affairs to provide a new, powerful and persuasive way of understanding wealth and poverty. They offer a pragmatic basis for the hope that at 'critical junctures' in history, those mired in poverty can be placed on the path to prosperity - with important consequences for our views on everything from the role of aid to the future of China ER -