Development economics, political economyTurkish-Americanb. 1967
Nations fail when extractive economic institutions are supported by extractive political institutions.
Daron Acemoglu, born in 1967, is a prominent Turkish-born economist of Armenian descent and a professor at the Massachusetts Institute of Technology (MIT). He is internationally known for his foundational research on the role of political and economic institutions in development and on the causes of poverty and wealth among nations.
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