This article will focus on the arguments and themes presented by Daren Acemoglu and James Robinson in Why Nations Fail. It will serve as a review of the book by first summarizing the main elements covered by the authors and highlighting their arguments, then it will analyze the strength of the key arguments to clarify the presentation and, finally, it will evaluate any weaknesses found. Why Nations Fail by Daren Acemoglu and James Robinson can be identified as a critique of development failures and successes around the world. By first mentioning Nogales' sister cities and comparing the standard of living in both, the authors allow the audience to understand how much borders matter. By introducing this notion at the beginning of the book, it becomes easier to understand the objectives behind the historical examples introduced by the authors. The authors compare and contrast many historical examples such as the failure of the Mayan civilization and the success of the British in presenting their thesis that prosperity rests on inclusive political foundations and centralized power. Their arguments revolve around global development and how nations have prospered differently due to their political differences within extractive governments and inclusive governments. Much of their ideologies also appear to support a neoliberal perspective. The authors' comparison of development patterns in nations around the world is used to support their thesis that prosperity rests on inclusive political foundations and centralized power. Inclusive political institutions limit but expand political power in democratic elections, constitutions, contract enforcement, property rights, competitive markets, citizens' freedom and rights, and public services. Including in......middle of paper......to be as I am today. Finally, their reference to Iraq today has no meaning of "shock and awe" on the part of the Bush government. They have used the history of Iraq to argue against modernization theory in which, as neoliberals, they say "it keeps all societies as they grow, moving towards a more modern and civilized existence, and in particular towards democracy". However, modernization theory still needs a real success story. Like most neoliberals, however, Acemoglu and Robinson do not fail to provide a winning vision of American colonization, and the historical explanations provide an excellent context for understanding different models of development. Why Nations Fail is recommended for anyone who wants to do more research on institutional differences around the world and the impact that institutions have on the overall growth of a nation.
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