Daron Acemoglu

Snapshot
Daron Acemoglu

Erdogan’s drift from democracy is a lamentable, but almost predictable, stage of Turkey’s democratic transition. If Turkey is to eventually become a democracy -- and there is no guarantee that it will -- then there is no way to avoid this painful process of institutional rebalancing.

Review Essay
Sept/Oct
2012
Jeffrey D. Sachs

According to Daron Acemoglu and James Robinson’s Why Nations Fail, economic development hinges on a country’s political institutions. But their monocausal analysis ignores other important factors (such as geography) that can also affect growth.