Daron Acemoglu on Why Nations Fail
EconTalk
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Botswana
In south america, you single out chile, cile and argentina. What went right for those those three? I want to say, argentina, i single o, single out in ininges, single out argentina,. Amay, look at botzwana was one of the poorest countries at the time of independence. And then it became the fastest growing country in the world. Why? Well, one factor was that they discovered diamonds. But that's not a factor, because, you know, they eisland everywhere in africa; civil warand all sorts of bad things. The Argentina path is very different. It much more like russia.
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