The pursuit of liberty and prosperity along a narrow corridor — Daron Acemoglu
In Pursuit of Development
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Is There a Sweet Spot in South Africa?
I noticed that in the book, there is this scepticism you have. One can't just rely on a constitution or sort of these legal frameworks to automatically generate development. So i really like this fact that you emphasize in the narrow corridor, that the state and society have to be running ether this red queen effect. Now, look at it from that way, where does south africa fit? I don't know. It was never going to be like a little, you know, switzerland on the savannah. But jacob zuma's term did really lead to a huge increase in corruption. That started eroding some of the trust in institutions, power of courts. But i
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