Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Always controversial, Thomas DeGregori has released another classic volume that is sure to inform, confound, and present new perspectives on todays environmental issues. This time he is taking on the environmentalists, naturalists, green consumerists, and those that hail the natural lifestyle as the healthy, politically correct thing to do. DeGregori examines the economics of green consumerism, the reality of saving the environment, how historical cultures may have influenced environmental damage, and how being ecologically correct may have a more damaging effect on our environment. Not just a regurgitation of theories; DeGregori offers real-time strategies and alternatives to enhance our natural resources and our environment in harmony with today’s modern technology. This is the book everyone will be talking about for years to come.

By intelligence officials for intelligent people

This book presents the current state of Open Educational Resources (OER) within the countries covered by the China's Belt and Road Initiative. The authors describe eight aspects of OER development in their countries: infrastructure, policy, resources, open license, curriculum and teaching methodology, outcome, stakeholders and impact. This book also conducts a comparative study between those countries to identify the OER gaps in the Belt and Road countries. It then offers valuable insights and recommendations for several stakeholders, including policy makers and educators, wishing to integrate open educational resources into educational processes, as well as for those involved in inter-regional open educational resources cooperation.

This Companion is a comprehensive introduction to Modern Money Theory (MMT), covering a wide variety of topics from the nature and origins of money, to the fundamentals of government spending and taxation, to the application of MMT in developed and developing countries.

This book captures the complexities of both development and environment, from the political economy point of view, to offer a broad economic and environmental history of post-independence India. It analyses the various components of constitutional provisions, policies, programmes and ecology protection measures during the post-independence period, that is, 1947–2020. The author also investigates India’s land and forest policies of the 21st century: Fair Compensation of Land Acquisition, Rehabilitation and Resettlement Act 2013 and the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act 2006, which pose a great threat to ecology and the environment. The volume argues how, on one hand, the development agenda has undermined the environmental components for the first three decades of independence and, on the other hand, how the popular vote bank politics further has aggravated the issues related to environment in India. This book is an essential interdisciplinary resource for scholars and researchers of history, economic history, environmental studies, environmental history, Indian history and development studies.