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Impact of culture on economic development
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Recommended: Impact of culture on economic development
Why Nations Fail by Daron Acemogly and James Robinson stipulates its own answers for questions asked by most who study or engage with development, war and poverty. The central question is – why are some nations strong and others weak? Why are some trapped in perpetual poverty and others thriving in excess? Why do some nations fail while others do not? The authors argue, very basically, that it is “institutions, more precisely the political institutions that determine economic institutions” (Boldrin, Levine and Modica) that determine whether a nation will succeed or fall apart. They present a variety of important examples and make statements meant to force their audience to really think about privilege, luck and what truly determines our fate. This essay will first present a summary of the book and its central ideas, and then it will discuss whether these are valid, important and how they fit into the broader debate.
The book opens with a chapter entitled “So Close and Yet So Different: the Economics of the Rio Grande”. This is an interesting choice in itself – people often discuss these questions relative to third world countries in Africa and the Middle East, but rarely do we consider the issue from the perspective of the US-Mexico border and the striking difference that exists between these two nations in towns and cities that exist only hours apart. The authors open with describing this striking contrast, between Nogales, Arizona and Nogales, Sonora, cities that share a name but not a flag. In the former, there is a relatively healthy population, with electricity, telephones and a sewage system, guaranteed education, and an average income of $30 thousand dollars a year. They are not the richest of American cities, by far,...
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... life, especially on a level of national politics, is very complicated. To reduce the issue to one of institutions is to forget many other aspects that may come into play, and as such, it may be reductionist and essentialist to simply place blame on this one area of life.
In conclusion, I think that Why Nations Fail is an important piece of literature in the field of international politics, economy and development and should be considered when discussing how we may adapt and change the way we view why things occur the way they do and the historical circumstances behind them.
Works Cited
Acemoglu, Daron and Robinson, James. “Why Nations Fail: The origins of power, prosperity and poverty”. Crown Publishers. New York. 2012.
Boldrin, Michele et al. “A Review of Acemoglu and Robinson’s Why Nations Fail”. http://levine.sscnet.ucla.edu/general/aandrreview.pdf
that America tries to find a scapegoat to use as a justification of why they are
I felt like the author could clearly show the true contributing factors of the civil war. As an admirer of history, I could use utilize his book for references later on in my academic studies. The book is 127 pages chronicling the events that led to the civil war. Holt gives novices history readers a wonder firsthand look into the world of young America pre-civil war. His book brought out new ways to approach the study of pre-civil war events. The question whether the Civil War was inevitable or could have been derailed was answered in The Fate of Their Country. Holt places the spotlight on the behaviors Politicians and the many congressional compromises that unintendedly involved the actions of the residents of American. These factors at hand placed the Civil war as inevitable. Most of the politician’s views in The Fate of Their Country were egotistical and shortsighted which left gaps in American’s social future. To consider the subject of why, first we need to understand the contributing causes, America’s great expansion project, the Manifest Destiny the driving factor behind the loss of virtue and political discord.
In all of Sherman Alexie’s work, there are many recurring symbols. These symbols represent ideas that Alexie thinks are important to Native American life on a reservation. One of these symbols is basketball. Alexie uses basketball as a substitute for war. In Native American culture, war is a way to win glory and respect.
...ows the reader to branch out and decipher another meaning. Not only is the book focused on explaining the present disease, but it allows the reader to get the bigger picture. Because everything in this book is completely historically accurate, it gives readers the freedom to formulate their own beliefs on the matter at hand. However, Brooks focuses on more than just the government and country’s citizens. He brings about the idea that it is a country’s fault as a whole when this disease takes effect because of naive actions such as isolating themselves away from the problem. In a more concise view, one could compare the world to the human body. We all live in it. The body can live without a hand or a foot. Preservation and improving the individual parts will ultimately lead to a better quality of life for us all, thus aiding Brooks in the battle against isolationism.
In chapter three Isbister explains that social scientists wrestled to justify conditions in the third world, as a result, a mixture of indefinite theories developed. A point often overlooked, by social scientists is that the struggle and growth of Asia, Africa, and Latin America cannot be measured “in statistics, nor in treatises of social scientists and historians.” After reading the chapter, an obvious conclusion stood out poverty is tangible for most of the world’s people and nations. Why is this and who is to blame? Are the poor people to be blamed for their own poverty? The answers are arranged into three different groups: mod¬ernization, dependency, and Marxism.
Diamond, Jared. Collapse : How Societies Choose to Fail or Succeed. New York: Viking, 2005. 503-504.
Martinez, Oscar. Border People: Life and Society in the U.S.-Mexico Borderlands. (Tucson: The University of Arizona Press, 1994), 232.
“It’s like going to Mexico without ever leaving Phoenix.” This was a quote by Mr. Virgil, the Manager of the Ranch Market. A tour of the Ranch Market showed his statement to be true, hence the title of this paper. The following will discuss the Ranch Market and Mexico in South Phoenix.
Flory, Harriette, and Samuel Jenike. A World History: The Modern World. Volume 2. White Plains, NY: Longman, 1992. 42.
“Everyone wants to live at the expense of the state.They forget that the state wants to live at the expense of everyone.”
Landes, D., 1999. The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor. New York: W. W. Norton & Company, 38-59
However, by accepting the assumptions that underdevelopment was an internal problem; that modernization was a quick fix to development; and that Western values were always superior to traditional social systems, the modernization paradigm failed. As a “big ideological hooray for postwar capitalism” (Greig et. al., 2007, p. 80), the paradigm was arrogant and ignorant of ‘real’ problems such as unequal structures that were created through the expansion of Western capitalism (Frank, 1969). In addition to positing the West as democratic, equal, and conflict-free and the rest as authoritarian and conflict-ridden, MT was guilty of exaggerating the influence of traditionalism and ignoring non-state development actors such as villages and communities (Nnaemeka,
Why nations Fail: The Origins of Power, Prosperity, and Poverty, is a captivating read for all college economic courses. Coauthored by Daron Acemoglu and James A. Robinson, they optimistically attempt to answer the tough question of why some nations are rich and others are poor through political economic theories. They lay it all out in the preface and first chapter. According to Acemoglu and Robinson, the everyday United States citizen obtains more wealth than the every day Mexican, sub-Saharan African, Ethiopian, Mali, Sierra Leonne and Peruvian citizen as well as some Asian countries. The authors strategically arranged each chapter in a way that the reader, whomever he or she is, could easily grasp the following concept. Extractive nations that have political leadership and financial inconsistencies within their institutions are the largest contributor to poverty and despair within most countries. It also states that countries with socioeconomic institutions that work ‘for the people and by the people’, or in other words, focus on the internal agenda of that
... do they not try to fix this by putting pressures on these nations? Is this all what secret societies have planned for? The answers to these questions remain mysterious.
To conclude, Why Nations Fail is a simple novel that explains the authors view on why our world is the way it is today. Some countries are abnormally rich and powerful while others are left in the dust. Although some of their points are vague and don’t necessarily come across as simple reasons, they do a great job at trying to sum down this huge question into a well written novel.