New Releases by Daron Acemoglu

From Daron Acemoglu, 2024 Nobel laureate in economics and coauthor of Why Nations Fail, an ambitious and expansive inquiry into the biggest story in global politics over the last hundred years: the rise and fall of liberal democracy. "A very important work and a must-read." —Thomas Piketty, #1 New York Times bestselling author of Capital in the Twenty-First Century "Daron Acemoglu is one of the most brilliant and insightful thinkers I’ve ever known. His particular genius is being able to look at impossibly complex problems and see right to the heart of what matters. This book is a tour de force that left me feeling more optimistic about the future than I have in a long time." —Steven Levitt, #1 New York Times bestselling author of Freakonomics The dissolution of the Soviet Union in 1991 raised hopes that we were one step closer to the triumph of liberalism. Soon, many predicted, we would all be living in functional liberal democracies. Sustained economic growth would benefit all segments of society and war would be a relic of the past. A generation later, one can only ask: What happened? Nobel laureate Daron Acemoglu argues in this powerful book that liberal democracy flourished when it pursued its core promises of shared prosperity, democratic governance, and the free pursuit of knowledge. But liberalism, a philosophy built to challenge power, never fully adjusted to becoming the establishment. Nor was it able to deal with the economic and social disruptions that digital technologies wrought. Worse, in the postindustrial economy, liberalism turned its back on its core promises. As a segment of college-educated elites became politically dominant and separated from the rest of society, they sowed the seeds of widespread inequality while intensifying efforts to reshape mass culture and values. Acemoglu, using the interdisciplinary lens that has won him acclaim, documents the extraordinary, unparalleled progress that liberalism created, and recounts how liberal democratic institutions plunged themselves into crisis over the last several decades. Looking at rapid advances in technology, shifts in regulatory environments, global political history, and economics, Acemoglu lucidly lays out the successes and failures of our most important political system. And he envisions a new way forward, which he calls working-class liberalism: a philosophy that prioritizes shared prosperity, empowers communities, and accommodates a range of values and views.

Uma nova e ousada perspectiva sobre os avanços tecnológicos ao longo da história, provando que as inovações podem gerar prosperidade para todos, não somente às elites. * Best-seller do New York Times * Autores vencedores do prêmio Nobel de Economia 2024 A partir da análise de mil anos de história, aliada ao exame de evidências contemporâneas, Daron Acemoglu e Simon Johnson, professores do Instituto de Tecnologia de Massachusetts (MIT), mostram como o progresso depende das escolhas que fazemos sobre o uso e os avanços da tecnologia. Novos modos de organizar os processos produtivos e novas formas de comunicação podem, a princípio, se tornar a base de uma sociedade mais próspera e igualitária. Na prática, no entanto, esses avanços servem apenas aos interesses de uma pequena elite que detém os meios de produção e de poder. Ou seja: a adoção de mais tecnologia não implica necessariamente mais progresso. A riqueza gerada pelos aprimoramentos na agricultura durante a Idade Média, por exemplo, foi absorvida pela nobreza para seus próprios fins, enquanto os camponeses viviam à beira da inanição. Na Inglaterra, os primeiros cem anos de industrialização só entregaram salários estagnados e duras jornadas de trabalho aos operários, enquanto empresários acumulavam capital. Isso continua atualmente. A inteligência artificial, assim como a evolução de outras tecnologias, mina os empregos e a democracia por meio da automação indiscriminada, da coleta maciça de dados e da invasão de privacidade. O ritmo das inovações ao longo da história, no entanto, já serviu a propósitos mais igualitários, e pode voltar a fazê-lo. Poder e progresso demonstra que é possível redirecionar as diferentes inovações para criar prosperidade real a todos, em vez de atender apenas a uma minoria privilegiada . "Uma jornada de tirar o fôlego pela história e pelo futuro da tecnologia." — Abhijit Banerjee e Esther Duflo, vencedores do prêmio Nobel de Economia "Com valores humanos e esperança, esse livro nos mostra como podemos guiar a tecnologia na promoção do bem comum. Leitura obrigatória para qualquer pessoa que se preocupe com o destino da democracia na era digital." — Michael J. Sandel, autor de A tirania do mérito

Awarded the 2024 Nobel Prize in Economics, Daron Acemoglu and Simon Johnson overturn conventional wisdom about how economies work--revealing the untold story of who wins and who loses the rewards of prosperity--in a work that fundamentally transforms how we look at and understand the world. Throughout history, technological change — whether it takes the form of agricultural improvements in the Middle Ages, the Industrial Revolution, or today’s artificial intelligence — has been viewed as a main driver of prosperity, working in the public interest. The reality, though, is that technology is shaped by what powerful people want and believe, generating riches, social respect, cultural prominence, and further political voice for those already powerful. For most of the rest of us, there is the illusion of progress. Daron Acemoglu and Simon Johnson debunk modern techno-optimism through a dazzling, original account of how technological choices have changed the course of history. From vivid stories of how the economic surplus of the Middle Ages was appropriated by an ecclesiastical elite to build cathedrals while the peasants starved, to the making of vast fortunes from digital technologies today as millions are pushed towards poverty, we see how the path of technology is determined and who influences its trajectory. To achieve the true potential of innovation, we need to ensure technology is creating new jobs and opportunities rather than marginalizing most people, through automated work and political passivity. We need to use the tremendous digital advances of the last half century to create useful and empowering tools, and seize back control from a small elite of hubristic, messianic tech leaders pursuing their own interests. With their breakthrough economic theory and manifesto for building a better society, Acemoglu and Johnson provide the understanding and vision to reimagine and reshape the path of technology and create true shared prosperity.

Los orígenes del poder, la prosperidad y la pobreza. ¿Qué determina que un país sea rico o pobre? ¿Cómo se explica que, en condiciones similares, en algunos países haya hambrunas y en otros no? ¿Qué papel juega la política en estas cuestiones? Que algunas naciones sean más prósperas que otras, ¿se debe a cuestiones culturales?, ¿a los efectos de la climatología?, ¿a su ubicación geográfica? No, en absoluto. Ninguna cuestión relativa a la prosperidad de un país está relacionada con estos factores, sino proviene de otro mucho más tangible: la política económica que dictaminan sus dirigentes. Son los líderes de cada país, afirman los reconocidos profesores Daron Acemoglu y James A. Robinson en este libro, quienes determinan con sus políticas la prosperidad de su territorio, y así ha ocurrido en todos los períodos de la historia, como demuestran en este apasionante estudio.

Inédito no Brasil, O corredor estreito estuda as condições necessárias para que os países vejam o nascimento da liberdade — ou sua extinção. Após o sucesso de Por que as nações fracassam, best-seller do The New York Times, os renomados economistas Daron Acemoglu e James A. Robinson fazem um levantamento das formas que a relação entre sociedade e Estado podem tomar a partir de uma base elementar: a liberdade — ou a ausência dela. No centro de sua teoria, explicam que a liberdade só é mantida por meio de um embate constante entre a população e quem a governa. Se um Estado forte é necessário para conter a violência, impor a ordem, fomentar a prosperidade econômica e oferecer meios para que a população possa seguir os caminhos que escolher, é igualmente importante uma sociedade forte e mobilizada para controlar e limitar os excessos do poder estatal. A liberdade é rara: no jogo de poder que a estabelece, a vontade individual encontra seu limite no outro, e os dois lados precisam ter forças equivalentes para que floresça. Há, porém, exemplos na história em que a tensão dá espaço ao diálogo, e o que antes era um campo de batalha se torna um corredor estreito que tanto a sociedade quanto o Estado podem trilhar em sua cooperação para pavimentá-lo. Em tempos de incertezas e instabilidade — em que o corredor estreito da liberdade corre o risco de se tornar um atalho para a ruína —, a genialidade de Acemoglu e Robinson constrói neste livro os caminhos pelos quais sociedade e Estado podem colaborar para o desenvolvimento mútuo.

We present a model of online content sharing where agents sequentially observe an article and must decide whether to share it with others. This content may or may not contain misinformation. Agents gain utility from positive social media interactions but do not want to be called out for propagating misinformation. We characterize the (Bayesian-Nash) equilibria of this social media game and show sharing exhibits strategic complementarity. Our first main result establishes that the impact of homophily on content virality is non-monotone: homophily reduces the broader circulation of an article, but it creates echo chambers that impose less discipline on the sharing of low-reliability content. This insight underpins our second main result, which demonstrates that social media platforms interested in maximizing engagement tend to design their algorithms to create more homophilic communication patterns ("filter bubbles"). We show that platform incentives to amplify misinformation are particularly pronounced for low-reliability content likely to contain misinformation and when there is greater polarization and more divisive content. Finally, we discuss various regulatory solutions to such platform-manufactured misinformation.

For courses in the principles of macroeconomics. An evidence-basedapproach to economics Throughout Macroeconomics,3rd Edition, authors Daron Acemoglu, David Laibson, and John List usereal economic questions and data to help students learn about the world aroundthem. Taking a fresh approach, they use the themes of optimization,equilibrium, and empiricism to not only illustrate the power of simple economicideas, but also to explain and predict what’s happening in today’s society.Each chapter begins with an empirical question that is relevant to the life ofa student and is later answered using data in the Evidence-Based Economicsfeature. As a result of the text’s practical emphasis, students learn to applyeconomic principles to guide the decisions they make in their own daily lives

A look at how new technologies can be put to use in the creation of a more just society. Artificial Intelligence (AI) is not likely to make humans redundant. Nor will it create superintelligence anytime soon. But it will make huge advances in the next two decades, revolutionize medicine, entertainment, and transport, transform jobs and markets, and vastly increase the amount of information that governments and companies have about individuals. AI for Good leads off with economist and best-selling author Daron Acemoglu, who argues that there are reasons to be concerned about these developments. AI research today pays too much attention to the technological hurtles ahead without enough attention to its disruptive effects on the fabric of society: displacing workers while failing to create new opportunities for them and threatening to undermine democratic governance itself. But the direction of AI development is not preordained. Acemoglu argues for its potential to create shared prosperity and bolster democratic freedoms. But directing it to that task will take great effort: It will require new funding and regulation, new norms and priorities for developers themselves, and regulations over new technologies and their applications. At the intersection of technology and economic justice, this book will bring together experts--economists, legal scholars, policy makers, and developers--to debate these challenges and consider what steps tech companies can do take to ensure the advancement of AI does not further diminish economic prospects of the most vulnerable groups of population.

From the winners of the 2024 Nobel Prize for Economics and the authors of the international bestseller Why Nations Fail "Why is it so difficult to develop and sustain liberal democracy? The best recent work on this subject comes from a remarkable pair of scholars, Daron Acemoglu and James A. Robinson. In their latest book, The Narrow Corridor, they have answered this question with great insight." —Fareed Zakaria, The Washington Post In Why Nations Fail, Daron Acemoglu and James A. Robinson argued that countries rise and fall based not on culture, geography, or chance, but on the power of their institutions. In their new book, they build a new theory about liberty and how to achieve it, drawing a wealth of evidence from both current affairs and disparate threads of world history. Liberty is hardly the "natural" order of things. In most places and at most times, the strong have dominated the weak and human freedom has been quashed by force or by customs and norms. Either states have been too weak to protect individuals from these threats, or states have been too strong for people to protect themselves from despotism. Liberty emerges only when a delicate and precarious balance is struck between state and society. There is a Western myth that political liberty is a durable construct, arrived at by a process of "enlightenment." This static view is a fantasy, the authors argue. In reality, the corridor to liberty is narrow and stays open only via a fundamental and incessant struggle between state and society: The authors look to the American Civil Rights Movement, Europe’s early and recent history, the Zapotec civilization circa 500 BCE, and Lagos’s efforts to uproot corruption and institute government accountability to illustrate what it takes to get and stay in the corridor. But they also examine Chinese imperial history, colonialism in the Pacific, India’s caste system, Saudi Arabia’s suffocating cage of norms, and the “Paper Leviathan” of many Latin American and African nations to show how countries can drift away from it, and explain the feedback loops that make liberty harder to achieve. Today we are in the midst of a time of wrenching destabilization. We need liberty more than ever, and yet the corridor to liberty is becoming narrower and more treacherous. The danger on the horizon is not "just" the loss of our political freedom, however grim that is in itself; it is also the disintegration of the prosperity and safety that critically depend on liberty. The opposite of the corridor of liberty is the road to ruin.

Traditional Chinese edition of The Narrow Corridor: States, Societies, and the Fate of Liberty

For courses in Principles of Microeconomics. An evidence-based approach to economics Throughout Microeconomics, 2nd Edition, authors Daron Acemoglu, David Laibson, and John List use real economic questions and data to help readers learn about the world around them. Taking a fresh approach, they use the themes of optimization, equilibrium, and empiricism to not only illustrate the power of simple economic ideas, but also to explain and predict what''s happening in today''s society. Each chapter begins with an empirical question that is relevant to the life of the reader, and is later answered using data in the Evidence-Based Economics feature. As a result of the text''s practical emphasis, readers will learn to apply economic principles to guide the decisions they make in their own lives. Personalize learning with MyLab Economics MyLab(tm) Economics is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts. Note: You are purchasing a standalone product; MyLab Economics does not come packaged with this content. Students, if interested in purchasing this title with MyLab Economics, ask your instructor for the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information. If you would like to purchase both the physical text and MyLab Economics search for: 0134641450 / 9780134641454 Microeconomics Plus MyLab Economics with Pearson eText -- Access Card Package, 2/e Package consists of: 0134492048 / 9780134492049 Microeconomics 0134519515 / 9780134519517 MyLab Economics with Pearson eText -- Access Card -- for Microeconomics

Macroéconomie est une adaptation française d''une toute nouvelle collection conçue et rédigée par des pédagogues et experts en économie de très haut niveau: Daron Acemoglu (Massachusetts Institute of Technology), David Laibson (Harvard University) et John A. List (University of Chicago). Ils proposent une approche de l''apprentissage de l''économie plus conviviale et novatrice. Moins basés sur la théorie que sur la pratique, cet ouvrage aborde toutes les notions essentielles en misant sur la compréhension intuitive, au-delà des chiffres. Ce qui distingue ce titre des autres, c''est le souci des auteurs de lier concrètement les théories économiques à des questions pratiques que tout étudiant curieux peut se poser: - Est-ce vraiment gratuit de surfer sur Facebook? - Les études universitaires en valent-elles la peine? - Dans quelle mesure l''emplacement d''un appartement influe-t-il sur son coût de location? - Quelle serait l''incidence d''un péage sur le futur pont Champlain sur la durée des déplacements? Chaque chapitre est d''ailleurs construit autour d''une question clé qui interpelle l''étudiant. En suscitant ainsi son intérêt, on le motive à vouloir comprendre les données économiques et à appliquer le raisonnement de l''économiste. Bref, Macroéconomie donne à l''étudiant ce que peut lui apporter de mieux l’économie: des outils pour devenir un meilleur consommateur, un meilleur citoyen et un meilleur travailleur.

Pourquoi certains pays sont-ils riches et d’autres pauvres ? Est-ce dû à la culture, au climat, à la géographie ? Ou est-ce le résultat de l’ignorance des dirigeants politiques ? Acemoglu et Robinson montrent à l’aide de nombreux exemples que ces réponses ne tiennent pas la route. L’histoire et l’analyse économique suggèrent une explication différente : c’est la présence ou l’absence de certaines institutions politiques et économiques qui assurent ou empêchent le progrès vers la prospérité. Des institutions «extractives» – protégeant les intérêts d’une élite puissante au dépens du bien commun – aux institutions «inclusives» – qui posent des limites à influence des puissants, éliminent la discrimination et favorisent l’innovation – le passage est parsemé d’obstacles. Acemoglu et Robinson les analysent en détail, s’appuyant sur un éventail impressionnant d’exemples, tirés de l’histoire de l’Empire romain, des cités-états mayas, de la Venise médiévale, de l’Union soviétique, de l’Amérique latine, de l’Afrique et des pays occidentaux. Ils élaborent ainsi une nouvelle synthèse de l’économie politique d’une pertinence indéniable pour les grands défis politiques et économiques d’aujourd’hui.

NOTE: You are purchasing a standalone product; MyEconLab does not come packaged with this content. If you would like to purchase both the physical text and MyEconLab, search for ISBN-10: 0133578267 / ISBN-13: 9780133578263 That package includes ISBN-10: 0321391586 / ISBN-13: 9780321391582 and ISBN-10: 0133487741 / ISBN-13: 9780133487749. MyEconLab should only be purchased when required by an instructor. ¿ -- For courses in Principles of Economics Acemoglu, Laibson, List: An evidence-based approach to economics Throughout Economics, authors Daron Acemoglu, David Laibson, and John List use real economic questions and data to help students learn about the world around them. Taking a fresh approach, the authors use the themes of optimization, equilibrium and empiricism to illustrate the power of simple economic ideas, and their ability to explain, predict, and improve what happens in the world. Each chapter begins with an empirical question that is later answered using data in the Evidence-Based Economics feature. As a result of the text''s practical emphasis, students will learn to apply economic principles to guide the decisions they make in their own lives. Also available with MyEconLab® This title is also available with MyEconLab - an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts. Students, if interested in purchasing this title with MyEconLab, ask your instructor for the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information.

NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER • From two winners of the 2024 Nobel Prize in Economic Sciences, “who have demonstrated the importance of societal institutions for a country’s prosperity” “A wildly ambitious work that hopscotches through history and around the world to answer the very big question of why some countries get rich and others don’t.”—The New York Times FINALIST: Financial Times and Goldman Sachs Business Book of the Year Award • ONE OF THE BEST BOOKS OF THE YEAR: The Washington Post, Financial Times, The Economist, BusinessWeek, Bloomberg, The Christian Science Monitor, The Plain Dealer Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, or geography that determines prosperity or poverty? As Why Nations Fail shows, none of these factors is either definitive or destiny. Drawing on fifteen years of original research, Daron Acemoglu and James Robinson conclusively show that it is our man-made political and economic institutions that underlie economic success (or the lack of it). Korea, to take just one example, is a remarkably homogenous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The differences between the Koreas is due to the politics that created those two different institutional trajectories. Acemoglu and Robinson marshal extraordinary historical evidence from the Roman Empire, the Mayan city-states, the Soviet Union, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, among them: • Will China’s economy continue to grow at such a high speed and ultimately overwhelm the West? • Are America’s best days behind it? Are we creating a vicious cycle that enriches and empowers a small minority? “This book will change the way people think about the wealth and poverty of nations . . . as ambitious as Jared Diamond’s Guns, Germs, and Steel.”—BusinessWeek

Het is een van de grote wereldvraagstukken: waarom zijn sommige landen rijk en andere arm? Ligt de verklaring in culturele verschillen, het klimaat of geografische omstandigheden? Of is er een andere oorzaak? Waarom is bijvoorbeeld Botswana een van de snelst groeiende economieën ter wereld en blijven andere Afrikaanse landen, zoals Zimbabwe en Congo, ondergedompeld in geweld en armoede? Daron Acemoglu en James Robinson laten overtuigend zien dat het de politieke en economische instituties zijn die het economische succes of falen van een land bepalen; instituties die innovatie en economische groei stimuleren en welvaart en vrede garanderen. De auteurs illustreren hun betoog met tal van fascinerende voorbeelden. Eén daarvan is Korea, een in wezen homogene staat. In Zuid-Korea legt de overheid verantwoording af aan de burgers en heeft de bevolking volop economische kansen; het land is zeer welvarend. Noord-Korea wordt dictatoriaal geregeerd en kent al tientallen jaren onderdrukking en hongersnood. Op basis van vijftien jaar veldonderzoek en historische research hebben de auteurs een nieuwe, overtuigende politiek-economische theorie geformuleerd. Waarom sommige landen rijk zijn en andere arm laat ons met andere ogen naar de wereld kijken en geeft een dieper inzicht in de oorzaken van armoede en rijkdom. Daron Acemoglu is hoogleraar economie aan het MIT. Hij ontving de John Bates Clark Medal. Degenen die deze onderscheiding krijgen, worden beschouwd als belangrijke kanshebbers voor de Nobelprijs. James Robinson is politiek wetenschapper en econoom. Hij is hoogleraar aan Harvard University en een wereldberoemde Latijns-Amerikaen Afrikadeskundige. `Acemoglu en Robinson hebben een boeiend en zeer lezenswaardig boek geschreven.' Niall Ferguson `In Why Nations Fail staan zo veel goede dingen, dat ik onmogelijk alles kan opnoemen.' Charles C. Mann `Acemoglu en Robinson hebben een belangrijk boek geschreven, dat het verdient te worden gelezen door politici en economen waar ook ter wereld.' Het Financieele Dagblad `Waarschijnlijk leest u net als ik dit boek in één keer uit en neemt u het daarna nog vaak ter hand.' Jared Diamond, auteur van Zwaarden, paarden & ziektekiemen

Nogales (Arizona) y Nogales (Sonora) tienen la misma población, cultura y situación geográfica. ¿Por qué una es rica y otra pobre? ¿Por qué Botsuana es uno de los países africanos con mayor desarrollo y, en cambio, países vecinos como Zimbabue, Congo o Sierra Leona están sumidos en la más desesperante pobreza? ¿Por qué Corea del Norte es uno de los países más pobres del mundo y Corea del Sur uno de los más prósperos? Por qué fracasan los países responde a estas y otras cuestiones con una nueva y convincente teoría: la prosperidad no se debe al clima, a la geografía o a la cultura, sino a las políticas dictaminadas por las instituciones de cada país. Debido a ello, los países no conseguirán que sus economías crezcan hasta que no dispongan de instituciones gubernamentales que desarrollen políticas acertadas. Asimismo, los autores responden a las siguientes cuestiones: • China está creciendo a un ritmo trepidante. ¿Hasta cuándo podrá seguir creciendo al mismo ritmo? ¿Acabará por aplastar al mundo occidental? • ¿Hasta cuándo será Estados Unidos una potencia mundial? ¿Su sistema económico es apto para competir en las próximas décadas? • ¿Cuál es el mejor método para sacar de la pobreza a millones de personas? ¿Realmente las ayudas de Occidente ayudan a erradicar las hambrunas? A través de una cuidada selección de ejemplos históricos y actuales (desde la antigua Roma pasando por los Tudor y llegando a la China moderna) los reconocidos profesores Daron Acemoglu y James A. Robinson harán que usted vea el mundo, y sus problemas, de un modo completamente distinto.

The NBER Macroeconomics Annual provides a forum for important debates in contemporary macroeconomics and major developments in the theory of macroeconomic analysis and policy that include leading economists from a variety of fields. The papers and accompanying discussions in NBER Macroeconomics Annual 2009 address how heterogeneous beliefs interact with equilibrium leverage and potentially lead to leverage cycles, the validity of alternative hypotheses about the reason for the recent increase in foreclosures on residential mortgages, the credit rating crisis, quantitative implications for the evolution of the U.S. wage distribution, and noisy business cycles.

From Nobel Prize–winning economist Daron Acemoglu, an incisive introduction to economic growth Introduction to Modern Economic Growth is a groundbreaking text from one of today''s leading economists. Daron Acemoglu gives graduate students not only the tools to analyze growth and related macroeconomic problems, but also the broad perspective needed to apply those tools to the big-picture questions of growth and divergence. And he introduces the economic and mathematical foundations of modern growth theory and macroeconomics in a rigorous but easy to follow manner. After covering the necessary background on dynamic general equilibrium and dynamic optimization, the book presents the basic workhorse models of growth and takes students to the frontier areas of growth theory, including models of human capital, endogenous technological change, technology transfer, international trade, economic development, and political economy. The book integrates these theories with data and shows how theoretical approaches can lead to better perspectives on the fundamental causes of economic growth and the wealth of nations. Innovative and authoritative, this book is likely to shape how economic growth is taught and learned for years to come. Introduces all the foundations for understanding economic growth and dynamic macroeconomic analysis Focuses on the big-picture questions of economic growth Provides mathematical foundations Presents dynamic general equilibrium Covers models such as basic Solow, neoclassical growth, and overlapping generations, as well as models of endogenous technology and international linkages Addresses frontier research areas such as international linkages, international trade, political economy, and economic development and structural change An accompanying Student Solutions Manual containing the answers to selected exercises is available (978-0-691-14163-3/$24.95). See: https://press.princeton.edu/titles/8970.html For Professors only: To access a complete solutions manual online, email us at: [email protected]

本书分为问题与答案、构造政治模型、民主的创立和巩固、运行模型、结论及民主的未来、附录六篇。本书内容包括:政治发展的道路、非民主政治、政变和巩固、中产阶级的作用等。

This book develops a framework for analyzing the creation and consolidation of democracy. Different social groups prefer different political institutions because of the way they allocate political power and resources. Thus democracy is preferred by the majority of citizens, but opposed by elites. Dictatorship nevertheless is not stable when citizens can threaten social disorder and revolution. In response, when the costs of repression are sufficiently high and promises of concessions are not credible, elites may be forced to create democracy. By democratizing, elites credibly transfer political power to the citizens, ensuring social stability. Democracy consolidates when elites do not have strong incentive to overthrow it. These processes depend on (1) the strength of civil society, (2) the structure of political institutions, (3) the nature of political and economic crises, (4) the level of economic inequality, (5) the structure of the economy, and (6) the form and extent of globalization.