Understanding the Concept of Inclusive and Exclusive Institutions

Historical Path to Institutional Drift

The Vicious Circle of Poor Nations

Examining Nations with Inclusive Economic Institutions

The Role of Political Centralization in Prosperity

Critical Junctures and The Path to Inclusivity

Understanding Why Nations Fail: Case Studies

The Role of International Aid in Economic Development

The Future of Nations: Transforming Exclusive to Inclusive

Drawing Lessons: Paths to Prosperity

Why Nations Fail: The Origins of Power, Prosperity, and Poverty dives into the reasons that determine economic prosperity and failure. The authors Daron Acemoglu and James A. Robinson argue that it is not geography or culture but inclusivity of economic and political institutions that cause some nations to be wealthy and others to be poor.