home.social

#unevendevelopment — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #unevendevelopment, aggregated by home.social.

  1. #Colonialism #Capitalism #Economics #UnevenDevelopment: "By providing an easy and elegant “answer” to the complex process of development, albeit a wrong one, Daron Acemoglu, Simon Johnson and James Robinson’s rise to prominence has lent support to a very particular understanding of development that is now prevalent in the discipline. It also provided an easy, unfalsifiable, and arguably racist narrative of underdevelopment, that reinforces Eurocentrism and a colonial world view. The awarding of the Nobel Prize in Economics to AJR once again reveals the insular nature of the discipline, and its resistance to fundamental change and improvement, apart from very narrow changes in methodology."

    epw.in/journal/2024/42/comment

  2. Nobel prize for studies of how institutions are formed and affect prosperity
    500 years of European colonialism, extractivism and the resource curse

    "Among countries colonized by European powers during the past 500 years, those that were relatively rich in 1500 are now relatively poor. We document this reversal using data on urbanization patterns and population density, which, we argue, proxy for economic prosperity. This reversal weighs against a view that links economic development to geographic factors. Instead, we argue that the reversal reflects changes in the institutions resulting from European colonialism. The European intervention appears to have created an “institutional reversal” among these societies, meaning that Europeans were more likely to introduce institutions encouraging investment in regions that were previously poor. This institutional reversal accounts for the reversal in relative incomes. We provide further support for this view by documenting that the reversal in relative incomes took place during the late eighteenth and early nineteenth centuries, and resulted from societies with good institutions taking advantage of the opportunity to industrialize."
    >>
    Daron Acemoglu, Simon Johnson, James A. Robinson, Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution, The Quarterly Journal of Economics, Volume 117, Issue 4, November 2002, Pages 1231–1294 (PDF>)
    economics.mit.edu/sites/defaul
    #colonialism #extractivism #SettlerSociety #IndigenousPeoples #SocialRelations #PE #economics #democracy #RuleOfLaw #AuthoritarianRegime #populism #corruption #goverance #reforms #distrust #UnevenDevelopment #democracy #institutions #ResourceCurse #nobel

  3. Nobel prize for studies of how institutions are formed and affect prosperity
    500 years of European colonialism, extractivism and the resource curse

    "Among countries colonized by European powers during the past 500 years, those that were relatively rich in 1500 are now relatively poor. We document this reversal using data on urbanization patterns and population density, which, we argue, proxy for economic prosperity. This reversal weighs against a view that links economic development to geographic factors. Instead, we argue that the reversal reflects changes in the institutions resulting from European colonialism. The European intervention appears to have created an “institutional reversal” among these societies, meaning that Europeans were more likely to introduce institutions encouraging investment in regions that were previously poor. This institutional reversal accounts for the reversal in relative incomes. We provide further support for this view by documenting that the reversal in relative incomes took place during the late eighteenth and early nineteenth centuries, and resulted from societies with good institutions taking advantage of the opportunity to industrialize."
    >>
    Daron Acemoglu, Simon Johnson, James A. Robinson, Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution, The Quarterly Journal of Economics, Volume 117, Issue 4, November 2002, Pages 1231–1294 (PDF>)
    economics.mit.edu/sites/defaul
    #colonialism #extractivism #SettlerSociety #IndigenousPeoples #SocialRelations #PE #economics #democracy #RuleOfLaw #AuthoritarianRegime #populism #corruption #goverance #reforms #distrust #UnevenDevelopment #democracy #institutions #ResourceCurse #nobel

  4. Nobel prize for studies of how institutions are formed and affect prosperity
    500 years of European colonialism, extractivism and the resource curse

    "Among countries colonized by European powers during the past 500 years, those that were relatively rich in 1500 are now relatively poor. We document this reversal using data on urbanization patterns and population density, which, we argue, proxy for economic prosperity. This reversal weighs against a view that links economic development to geographic factors. Instead, we argue that the reversal reflects changes in the institutions resulting from European colonialism. The European intervention appears to have created an “institutional reversal” among these societies, meaning that Europeans were more likely to introduce institutions encouraging investment in regions that were previously poor. This institutional reversal accounts for the reversal in relative incomes. We provide further support for this view by documenting that the reversal in relative incomes took place during the late eighteenth and early nineteenth centuries, and resulted from societies with good institutions taking advantage of the opportunity to industrialize."
    >>
    Daron Acemoglu, Simon Johnson, James A. Robinson, Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution, The Quarterly Journal of Economics, Volume 117, Issue 4, November 2002, Pages 1231–1294 (PDF>)
    economics.mit.edu/sites/defaul
    #colonialism #extractivism #SettlerSociety #IndigenousPeoples #SocialRelations #PE #economics #democracy #RuleOfLaw #AuthoritarianRegime #populism #corruption #goverance #reforms #distrust #UnevenDevelopment #democracy #institutions #ResourceCurse #nobel

  5. Nobel prize for studies of how institutions are formed and affect prosperity
    500 years of European colonialism, extractivism and the resource curse

    "Among countries colonized by European powers during the past 500 years, those that were relatively rich in 1500 are now relatively poor. We document this reversal using data on urbanization patterns and population density, which, we argue, proxy for economic prosperity. This reversal weighs against a view that links economic development to geographic factors. Instead, we argue that the reversal reflects changes in the institutions resulting from European colonialism. The European intervention appears to have created an “institutional reversal” among these societies, meaning that Europeans were more likely to introduce institutions encouraging investment in regions that were previously poor. This institutional reversal accounts for the reversal in relative incomes. We provide further support for this view by documenting that the reversal in relative incomes took place during the late eighteenth and early nineteenth centuries, and resulted from societies with good institutions taking advantage of the opportunity to industrialize."
    >>
    Daron Acemoglu, Simon Johnson, James A. Robinson, Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution, The Quarterly Journal of Economics, Volume 117, Issue 4, November 2002, Pages 1231–1294 (PDF>)
    economics.mit.edu/sites/defaul
    #colonialism #extractivism #SettlerSociety #IndigenousPeoples #SocialRelations #PE #economics #democracy #RuleOfLaw #AuthoritarianRegime #populism #corruption #goverance #reforms #distrust #UnevenDevelopment #democracy #institutions #ResourceCurse #nobel

  6. Nobel prize for studies of how institutions are formed and affect prosperity
    500 years of European colonialism, extractivism and the resource curse

    "Among countries colonized by European powers during the past 500 years, those that were relatively rich in 1500 are now relatively poor. We document this reversal using data on urbanization patterns and population density, which, we argue, proxy for economic prosperity. This reversal weighs against a view that links economic development to geographic factors. Instead, we argue that the reversal reflects changes in the institutions resulting from European colonialism. The European intervention appears to have created an “institutional reversal” among these societies, meaning that Europeans were more likely to introduce institutions encouraging investment in regions that were previously poor. This institutional reversal accounts for the reversal in relative incomes. We provide further support for this view by documenting that the reversal in relative incomes took place during the late eighteenth and early nineteenth centuries, and resulted from societies with good institutions taking advantage of the opportunity to industrialize."
    >>
    Daron Acemoglu, Simon Johnson, James A. Robinson, Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution, The Quarterly Journal of Economics, Volume 117, Issue 4, November 2002, Pages 1231–1294 (PDF>)
    economics.mit.edu/sites/defaul
    #colonialism #extractivism #SettlerSociety #IndigenousPeoples #SocialRelations #PE #economics #democracy #RuleOfLaw #AuthoritarianRegime #populism #corruption #goverance #reforms #distrust #UnevenDevelopment #democracy #institutions #ResourceCurse #nobel