Rents and economic development: the perspective of Why Nations Fail
We present the approach to comparative economic development of Why Nations Fail. Economic prosperity requires inclusive economic institutions-those which create broad based incentives and opportunities in society. Extractive economic institutions, which lack these properties, create poverty. Variati...
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| Format: | Article |
| Language: | English |
| Published: |
Springer Science and Business Media LLC,
2020-12-09T22:26:52Z.
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| Subjects: | |
| Online Access: | Get fulltext |