Pillars of Prosperity

Released on by Timothy Besley
preview-18

  • Pillars of Prosperity Book Detail

  • Author : Timothy Besley
  • Release Date : 2011-08-28
  • Publisher : Princeton University Press
  • Genre : Business & Economics
  • Pages : 393
  • ISBN 13 : 0691152683
  • File Size : 19,19 MB
DOWNLOAD BOOK

Pillars of Prosperity by Timothy Besley PDF Summary

Book Description: How nations can promote peace, prosperity, and stability through cohesive political institutions "Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters—places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes. To achieve peace, the authors stress the avoidance of repressive government and civil conflict. Easy taxes, they argue, refers not to low taxes, but a tax system with widespread compliance that collects taxes at a reasonable cost from a broad base, like income. And a tolerable administration of justice is about legal infrastructure that can support the enforcement of contracts and property rights in line with the rule of law. The authors show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods. In line with much historical research, international conflict has also been an important force behind effective states by fostering common interests. The absence of common interests and/or cohesive political institutions can explain the existence of very different development clusters in fragile states that are plagued by poverty, violence, and weak state capacity.

Disclaimer: www.yourbookbest.com does not own Pillars of Prosperity books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Pillars of Prosperity

Pillars of Prosperity

File Size : 88,88 MB
Total View : 636 Views
DOWNLOAD

How nations can promote peace, prosperity, and stability through cohesive political institutions "Little else is required to carry a state to the highest degree

Five Pillars of Prosperity

Five Pillars of Prosperity

File Size : 22,22 MB
Total View : 6114 Views
DOWNLOAD

"Five Pillars of Prosperity: Essentials of Faith-Based Wealth Building by Dr. M. Yaqub Mirza provides readers with a balanced and sensible approach to financial

The Four Pillars of Prosperity

The Four Pillars of Prosperity

File Size : 97,97 MB
Total View : 4828 Views
DOWNLOAD

Long-term economic prosperity cannot be achieved unless it is built on a solid foundation. That solid foundation consists of four pillars: governments, business

The Betrayal of American Prosperity

The Betrayal of American Prosperity

File Size : 92,92 MB
Total View : 3018 Views
DOWNLOAD

CONSIDER THIS SHOCKING FACT: while China’s number one export to the United States is $46 billion of computer equipment, the number one export from the U.S. to