Spotlight ScholarDec 2, 2024
Instant Scholar: The colonial origins of comparative development; empirical investigation by Daron Acemoglu, Simon Johnson & James A Robinson
The influential study by Acemoglu, Johnson, and Robinson examines how colonial-era institutions continue to shape economic disparities between nations. It argues that areas with high European settler mortality developed extractive institutions, while those with lower mortality rates adopted inclusive systems. The persistence of these institutions significantly impacts modern economic performance, highlighting the importance of institutional quality in fostering development.