Why Egypt Could Fail

I've finally had a chance to read Why Nations Fail by Daron Acemoglu and James Robinson. It provides a useful tool for looking at the President Morsi's attempt to centralize power in his own office could damage Egypt's fragile economy. In Why Nations Fail Daron Acemoglu and James Robinson reiterate throughout that politically inclusive institutions, … Continue reading Why Egypt Could Fail

Poverty and the Ease of Doing Business

s usual, I was reading an article in The Economist, when I saw a statement that I so very often see in international development news stories: Ethiopia‚Äôs doors are not all swung wide open to foreign investment, but rather opened selectively. The regime of Meles Zanawi, the prime minister, is ideological and authoritarian: the ruling … Continue reading Poverty and the Ease of Doing Business