The other day in both my Higher Level and Standard Level Economics sections we discussed issues on growth and I found the opportunity to mention the work of Daron Acemoglu and the importance of institutions in the growth process. It makes a big difference, as he argues, whether institutions are inclusive or extractive.
Please watch these videos where Prof. Acemoglou explains his work:
(longer presentation)
This is a much shorter presentation:
Please watch these videos where Prof. Acemoglou explains his work:
(longer presentation)
This is a much shorter presentation:
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