Free

Acemoglu and Robinson - Book Report/Review Example

Comments (0) Cite this document
Summary
Question 1: In chapters 8 and 9, A&R argue that extractive institutions are not the only reasons (causes) for countries to become poor and economically underdeveloped. They argue that poverty and underdevelopment are sometimes “imposed” and forced on countries. What do they…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.4% of users find it useful
Acemoglu and Robinson
Read TextPreview

Extract of sample "Acemoglu and Robinson"

Question In chapters 8 and 9, A&R argue that extractive s are not the only reasons (causes) for countries to become poor and economically underdeveloped. They argue that poverty and underdevelopment are sometimes “imposed” and forced on countries. What do they mean by this? What are some examples?
Foreign aid is one of the strategies used to impose poverty into poor countries. Acemoglu and Robinson (2012) argue that foreign aid cannot assist poor economies overcome their challenges. They argue that primacy of institutions and politics has important implications for policy. Growth can be achieved in poor economies through trade liberalization1. However, trade liberalization has not been granted by developed economies. Poor countries have no trade policies that can assist in exporting their goods to other markets. Foreign aid alone cannot assist poor economies because corrupt institutions misuse foreign aid for their selfish gains. In war torn countries such as Syria and Iraq, bad institutions exist because they are imposed on the citizens by the elite who do not want a change in the status quo. In Africa, it is difficult to explain how Botswana is richer than Sierra Leone. In particular, the elite are concerned about the welfare of the population while in Zimbabwe; the elite do not want the situation to change for the benefit of the citizens. Poverty in Zimbabwe, DR Congo, and Sierra Leone are, therefore, imposed by the elite2.
Neo-colonialism still affects Africa even through colonial masters left Africa several decades ago. Acemoglu and Robinson (2012) argue that neo-colonization determines how governments in poor countries are managed. Poor economies in Africa are still colonized. Acemoglu and Robinson argue that colonial masters determine economic growth for the poor countries. The colonial powers want the political actors in an economy to remain without change. Colonial powers, as well as developed economies in the world, do not want a change in the management of institutions3. In particular, countries like the United States should send policy makers to poor countries on how they should improve the management of institutions. However, developed economies want the status quo to continue because they have political interests in the management of these poor economies. For example, Democratic Republic of Congo is one of the poorest countries in the world despite the numerous mineral resources.
In poor countries such as Democratic Republic of Congo, poverty is imposed by colonial powers because they have vested interest in the exploitation of mineral resources. Colonial powers do not want peace to prevail. Several civil wars in Africa are financed by institutions financed by colonial powers. Maintenance of the status quo is part of the attempts of imposing poverty and poor economic growth in some countries in the world.
Acemoglu and Robinson (2012) argue that ineffective institutions are the product of political systems designed to achieve private gains for the elites in developing countries4. The elites in developing countries impose poverty on their countries, even if their actions impoverish the broader society. For example, in Nigeria, there are multimillionaires who constitute 10% of the population while 90% of the population lives in poverty. It is evident that the elite in Nigeria do not want any change in the management of institutions. The elite impose poverty on their country because any change would mean their demise in the management of resources and institutions. Violence has become a strategy used by the elite, to impose poverty. In poor economies, civil wars and violence are funded by the elite so that their interests become supreme in the society. Any political resistance is thwarted by the elite. For example, elections in poor economies do not reflect democratic principles. In most cases, elections in poor economies are used to impose leaders on the poor.

Works Cited
Acemoglu Daron and Robinson James. Why Nations Fail: The origins of Power, prosperity and poverty. New York. Profile Books, 2012. Accessed on 11/15/13, from: http://norayr.arnet.am/collections/books/Why-Nations-Fail-Daron-Acemoglu.pdf Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Acemoglu and Robinson Book Report/Review Example | Topics and Well Written Essays - 500 words - 1”, n.d.)
Acemoglu and Robinson Book Report/Review Example | Topics and Well Written Essays - 500 words - 1. Retrieved from https://studentshare.org/history/1624333-acemoglu-and-robinson
(Acemoglu and Robinson Book Report/Review Example | Topics and Well Written Essays - 500 Words - 1)
Acemoglu and Robinson Book Report/Review Example | Topics and Well Written Essays - 500 Words - 1. https://studentshare.org/history/1624333-acemoglu-and-robinson.
“Acemoglu and Robinson Book Report/Review Example | Topics and Well Written Essays - 500 Words - 1”, n.d. https://studentshare.org/history/1624333-acemoglu-and-robinson.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Acemoglu and Robinson

John Edward Robinson Sr

...? “John Edward Robinson Sr.” Robinson was born in 1943; he spent his puberty in Cicero, Illinois. His background was full of crimes such as rape and embezzling since 1984 until they arrested him in June 2, 2000. In 1964 he married Nancy Jo Lync and moved to Kansas City. In 1965 his wife Nancy gave birth to their first child, named him John Jr. He was known to be unfaithful to his wife and having many girlfriends while Nancy took care about the baby. In 1971 new fraternal twins joined the family, Christopher and Christine. The Robinson’s moved to a bigger house in Missouri. He worked for the medical practice of Dr. Wallace Graham. In 1969, he was sentenced to 3 years’ probation after...
3 Pages(750 words)Essay

Robinson Crusoe Religion

...Anamary Aramillo Robinson Crusoe, by Daniel Defoe, is best ified as a spiritual autobiography. While Robinson Crusoe reveals to us the story ofhis life, we can clearly see the role that religion played in Robinson's deliverance. From his father's warning about leaving home, to later escaping an island after 28 years of exile, one becomes a witness to Robinson's spiritual rebirth and growth. This novel takes the reader on a spiritual journey hidden beneath the adventures of Robinson Crusoe's life experiences. Robinson Crusoe's autobiography elaborates on the idea of redemption and deliverance. His life experiences give detail on how they...
5 Pages(1250 words)Book Report/Review

Robinson Crusoe

...1. Essay Topic Robinson Crusoe and God's Providence Expediency or Salvation: Does Robinson Crusoe Believe in Divine Providence In Daniel Dafoe's Preface to 'The Life and Strange Surprising Adventures of Robinson Crusoe of York, Mariner...' he states that his intention is to ustify and honour the wisdom of Providence in all the variety of our circumstances.(xv). It is difficult to conclude that this is wholly fulfilled; the book may be interpreted on so many levels. On one, it seems to be a spiritual autobiography, showing the journey from sinner to saved, on another, a heroic adventure tale, and on yet another, a reflection on how to deal with the traumas of life and triumph over...
2 Pages(500 words)Essay

Henry Peach Robinson

...A Photographer who worked in the pictorialistic style whose intentions and goals were consistent with pictorialism One of the most prominent influences in the history of photography has been Henry Peach Robinson (1830-1901), the English photographer and theoretician whose photographic tools, styles, and contributions turned out to be the corner stone of modern photography. His compound photographs and writings helped the development of photography in the early years of photographic history. He is mostly celebrated as the pioneer of pictorialist photography and was rightly called 'the King of photographic picture-making'. "Since the goal of American pictorialists was to make works of art rather than 'mere' photographs,...
5 Pages(1250 words)Essay

Robinson Crusoe

...ROBINSON Daniel Defoe’s “Robinson Crusoe “stands alone in the array of literature of travel and adventure. This is the story of a human being who struggles hard for survival in an outlandish situation. Robinson’s decision to go away from his parents, against their will, was due to his weariness of the conventional profession and the fear of failure in future. This story tells about the diverse ways in which a man muddles through reality when hardship comes and shaping his own world in absolutely alien circumstances. The text fairly deals with the relation between man and nature, man and culture, and his relation with God. ...
5 Pages(1250 words)Essay

Housekeeping by marilynne robinson

...The Significance of Debris and Mess in Marilynne Robinson’s Housekeeping “Now truly we were cast out to wander, and there was an end to housekeeping.” from the novel Housekeeping (1980) In the novel Housekeeping, the story of Ruth tells us about the constant tension between nature and society – mainly between women who conform and confine themselves with the norms, and those who are drawn to ethereality and find themselves wandering free. With this, Marilynne Robinson introduces the subject of housekeeping as a task that indicates the norm and social connectedness. Housekeeping is a routine in which the society takes control over nature and its external surrounding by establishing order and conformity....
7 Pages(1750 words)Term Paper

Defoe's Robinson Crusoe

...Section/# Crusoe, Biblical Job, and Hubris against the Gods Literary Connection With respect to the literary theme,Robinson Crusoe follows a very basic premise and one that has been used to great effect by writers such as Homer and others long before his time. The idea of “hubris” is first presented to the reader in Chapter 1 in which Robinson Crusoe relates to the reader that his father, his mother, and his friends warned him against the dangers of a sea faring life. However, he disregarded these warnings and chose to pursue it instead. Later, as he is nearly shipwrecked on his first sea voyage, he is encouraged again to let go of the seafaring way of life and pursue something in the “middle station”...
2 Pages(500 words)Essay

Robinson et al

...ESSAY, EDUCATION- ROBINSON ET AL Lecturer’s Main points of the article and the claims made The article examines a study whose purpose is examine the impact that different types of leadership have on academic and non-academic outcomes. 2. The study methodology involves analysis of 27 studies on the relationship between student outcome and leadership. 3. The analysis involves 2 meta-analysis study strategies. 4. The first meta-analyses examine 22 out of 27 studies in determining the effects that different types of leadership have on the students outcomes. 5. From the study results, the 1st meta-analysis shows that the effects of instructional leadership on students outcome are greater 3-4 times that of transformational leadership. 6... the...
8 Pages(2000 words)Essay

Acemoglu, Johnson and Robinson proved that institutions are the ultimate cause of economic development. Do you agree

..., such as in New Zealand, America, and Australia, they established institutions that implemented the rule of law and promoted investment. On the other hand, in countries like Ghana (Gold Coast) and the Congo, they established exploitative regimes aimed at quickly extracting resources. These institutions impeded economic growth and investment. Secondly, the institutions established in both extremes of the world remain in place today and have led to the differences in economic development and stability of the affected countries (Acemoglu, Johnson, & Robinson, 2001:1395). According to Acemoglu et al. (2002:572), Atlantic trade catalysed European growth via ancillary institutional media as...
4 Pages(1000 words)Essay

Political Sociology

...Political Sociology: A merger occurs when functions of two different organizations are integrated in such a way that one organization becomes a partof another. Integration of programmatic and administrative functions of the Canadian International Development Agency (CIDA) with the Department of Trade and Foreign Affairs by the Harper Government is an example of a merger. In this case, we see an inclusive political institution operating in support of an inclusive economic institution which is considered a key to sustain prosperity. According to Acemoglu and Robinson, similar looking nations differ on grounds of the nature of political and economic institutions which can be either inclusive or extractive....
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Book Report/Review on topic Acemoglu and Robinson for FREE!

Contact Us