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Why Nations Fail — A Deep Dive into Acemoglu & Robinson's Theory

Why Nations Fail — A Deep Dive into Acemoglu & Robinson's Theory

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Why Nations Fail — A Deep Dive into Acemoglu & Robinson's Theory takes you on an episode-by-episode exploration of one of the most influential books on political economy and development. In this series, each episode is dedicated to a chapter of Why Nations Fail by Daron Acemoglu and James A. Robinson. We break down complex ideas into clear, engaging discussions — from the role of inclusive and extractive institutions to the importance of critical junctures and the persistence of political power structures.Global Insight
Episodios
  • E15 — Nations, Institutions, and the Path to Prosperity
    Jun 8 2025

    In this concluding episode of Why Nations Fail — A Deep Dive into Acemoglu & Robinson’s Theory, we synthesize the core argument of the book: inclusive institutions—those that distribute power broadly and allow individuals to participate in economic and political life—are the cornerstone of sustained national prosperity.

    Rejecting explanations based on geography, culture, or ignorance, the authors argue that development is shaped by historical events, institutional drift, and critical junctures.

    They caution against reliance on authoritarian models or foreign aid as long-term solutions, emphasizing that real progress comes only when broad segments of society are empowered to demand and sustain inclusive institutions. The episode ends with the example of Brazil, where such empowerment has fueled institutional and economic transformation.

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    27 m
  • E14 — Turning Points to Inclusive Institutions
    Jun 7 2025

    In this episode of Why Nations Fail — A Deep Dive into Acemoglu & Robinson’s Theory, we explore remarkable moments in history when nations broke free—at least partially—from the grip of extractive institutions. We examine three compelling case studies:

    Botswana, where pre-colonial pluralistic traditions laid the groundwork for a stable and inclusive post-independence democracy;

    The U.S. South, where the Civil Rights Movement and federal reforms dismantled centuries of institutionalized racial exclusion;

    China, where Deng Xiaoping’s post-Mao economic reforms sparked unprecedented growth by introducing inclusive economic policies, even as the political system remained tightly controlled.

    These examples highlight how institutional change is possible—and sometimes surprisingly effective—when historical circumstances align with bold leadership and public pressure.

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    31 m
  • E13 — How Extractive Institutions Cause Nations to Fail
    Jun 7 2025

    In this pivotal episode of Why Nations Fail — A Deep Dive into Acemoglu & Robinson’s Theory, we explore how extractive institutions are the root cause of national failure. Through compelling case studies from Zimbabwe, Sierra Leone, Guatemala, Argentina, Colombia, Uzbekistan, and Egypt, we examine how elites use these institutions to entrench their power and wealth at the expense of the broader population. From state collapse and civil conflict to economic stagnation and extreme inequality, this episode illustrates the many faces of institutional failure across continents and regimes. These aren't random occurrences — they are the predictable outcomes of systems designed to exclude

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    19 m
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