Inclusiveness Essential to Growth, says Acemoglu
Construction site in China. Countries need to build strong institutions to ensure growth, says Acemoglu (Photo: Construction Photography/Corbis)
In This Episode
A nation's poverty or prosperity may have as much to do with politics as economics, says Daron Acemoglu. He argues that more democratic countries with inclusive political institutions create sustained prosperity, while “extractive,” authoritarian regimes lead toward poverty.
