Politics is the Main Factor in the Development of...

There are great differences and inequality between countries around the world. Many countries don’t have access to basic needs such as education, health care, law and order, safety why is that? Why is there a gap between rich and poor? How did some countries manage to become rich while others remained poor? These are the regularly asked questions about the development of countries. There are different perspectives on the growth of countries; however the three main theories mentioned in the book are due to geography, culture, ignorance or institutions. The authors of â€Å"Why nations fail â€Å"Acemoglu and Robhinson have challenged these theories . They believe that political institutions are the main factors for development of a well-functioning nation and the determinants of economic institutions. Its all about institutions, Daron Acemoglu, one of the authors, explained. Its really about human-made systems, rules, regulations, formal or informal that creates different i ncentives. The book explains over the years how institutions played a big role for the failure or success of nations. It is filled with interesting historical stories and evidence from Latin America, England, Europe, Africa, Roman Empire and the Mayans .The geography hypothesis states that land and people are the reasons for failure or success of a nation. It also states that most countries in tropical areas are poor due to laziness and widespread of diseases. Singapore and Malaysia are in such areas;Show MoreRelatedComparative Politics and the Peoples Republic of China1266 Words   |  5 Pages Comparative politics is an important aspect of political science in that instead of studying how this country functions, it studies why other countries around the world are the way they are. There must be some medium for finding the differences and similarities between one county and another. Another very important reason to study comparative politics is to better understand how certain regimes work. 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Though globalization can be traced back into time immemorial, but the extent and magnitude of present globalization is unprecedented. The integration and interdependence of globalization implies