Template-Type: ReDIF-Paper 1.0 Author-Name: Colin Jennings Author-Name-First: Colin Author-Name-Last: Jennings Author-Email: colin.jennings@strath.ac.uk Author-Workplace-Name: Department of Economics, University of Strathclyde Title: Institutions and prosperity Abstract: This article reviews 'Pillars of Prosperity' by Timothy Besley and Torsten Persson and 'Why Nations Fail' by Daron Acemoglu and James Robinson. Both books are focussed on the role of institutions in determining the wealth of nations and the review compares and contrasts the different approaches contained in the two texts. The review also attempts to locate the texts within the broader literature in development and political economics and to link them to other recent work in these areas. Length: 13 pages Creation-Date: 2013-08 Revision-Date: Publication-Status: Published File-URL: http://www.strath.ac.uk/media/1newwebsite/departmentsubject/economics/research/researchdiscussionpapers/2013/13-13FINAL.pdf File-Format: Application/pdf Number: 1313 Classification-JEL: D7, N4, O1, O5, P5 Keywords: Institutions, Prosperity Handle: RePEc:str:wpaper:1313