The Rise And Decline Of Nations

A leading political economist advances a new theory to explain the postwar shifts in the relative economic fortunes and positions of various nations and regions.

A compelling theory on the rationale for the changing fortunes of nations

A compelling theory on the rationale for the changing fortunes of nations

Paul Kennedy's classic naval history, now updated with a new introduction by the author This acclaimed book traces Britain's rise and fall as a sea power from the Tudors to the present day. Challenging the traditional view that the British are natural 'sons of the waves', he suggests instead that the country's fortunes as a significant maritime force have always been bound up with its economic growth. In doing so, he contributes significantly to the centuries-long debate between 'continental' and 'maritime' schools of strategy over Britain's policy in times of war. Setting British naval history within a framework of national, international, economic, political and strategic considerations, he offers a fresh approach to one of the central questions in British history. A new introduction extends his analysis into the twenty-first century and reflects on current American and Chinese ambitions for naval mastery. 'Excellent and stimulating' Correlli Barnett 'The first scholar to have set the sweep of British Naval history against the background of economic history' Michael Howard, Sunday Times 'By far the best study that has ever been done on the subject ... a sparkling and apt quotation on practically every page' Daniel A. Baugh, International History Review 'The best single-volume study of Britain and her naval past now available to us' Jon Sumida, Journal of Modern History

Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous 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 south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Surveying the causes of the Arab Spring, and revealing the governing trends arising from it, this book examines various international relation theories through the lens of the experiences of the countries in the Middle East and North Africa region. It takes the events of the Arab Spring as an outcome of globalization’s double movement whose integrative cultural, political and security frameworks devastated nationally controlled economies, undermining the nation-state system and propagating a decentralized and communitarian-based governance structure. The consequences for many plural, diverse societies were two-fold: autocratic nationalism was discarded while decentralized regimes representing communitarian-based politics came to the fore. The author reveals how the formulation of a new communitocratic order rests on the accommodation of this newly emerging communitarianism and explores the major drivers of political transformation, describing the emerging communities, forecasting their governing options and the possible repercussions for the post-Arab Spring states.

The Decline of Nations takes an in-depth look at the condition of the contemporary United States and shows why Americans should be deeply concerned. It tackles controversial subjects such as immigration, political correctness, morality, religion and the rise of a new elite class. Author Joseph Johnston provides many historical examples of empires declining, including the Roman and British empires, detailing their trajectory from dominance to failure, and, in the case of Britain, subsequent re-emergence as modern day nation. Johnston delivers riveting lessons on the U.S. government viewed through the lens of excessive centralization and deterioration of the rule of law. He demonstrates the results of weak policies including the surging Progressive movement and the expanding Welfare state. In The Decline of Nations, Johnston asks important questions about diminished military capacity, a broken educational system, and the decline of American arts and culture. He questions the sustainability of the nation's vast global commitments and shows how those commitments are threatening America's strength and prosperity. There is no historical guarantee that the United States can sustain its economic and political dominance in the world scene. By knowing the historic patterns of the great nations and empires, there is much to be learned about America's own destiny.

In this eye-opening work of economic theory, Jane Jacobs argues that it is cities—not nations—that are the drivers of wealth. Challenging centuries of economic orthodoxy, in Cities and the Wealth of Nations the beloved author contends that healthy cities are constantly evolving to replace imported goods with locally-produced alternatives, spurring a cycle of vibrant economic growth. Intelligently argued and drawing on examples from around the world and across the ages, here Jacobs radically changes the way we view our cities—and our entire economy.