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...
Main Authors: | , |
---|---|
Other Authors: | |
Format: | Article |
Language: | English |
Published: |
Springer Science and Business Media LLC,
2020-12-09T22:26:52Z.
|
Subjects: | |
Online Access: | Get fulltext |