History & Politics

Why Nations Fail provides a deep and convincing argument that institutions—rather than geography, culture, or ignorance—are the primary drivers of prosperity and poverty. By exploring the role of inclusive and extractive institutions, the authors explain why some countries succeed and others fail. Their research challenges conventional wisdom and encourages a broader understanding of how political and economic systems shape nations’ destinies. The book advocates for the importance of building inclusive institutions to ensure that nations can grow, innovate, and thrive in the long term.