PDF-1.IntroductionIntworecentpapers,Acemoglu,JohnsonandRobinsonprovideconv

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ThroughthediseaseenvironmentwhichwasworsebecauseofcontagionindenselysettledInprosperousanddenselysettledareasEuropeansintroducedormaintainedalreadyexistingextractiveinstitutionstoforcethelocalpop

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1.IntroductionIntworecentpapers,Acemoglu,JohnsonandRobinsonprovideconv: Transcript

ThroughthediseaseenvironmentwhichwasworsebecauseofcontagionindenselysettledInprosperousanddenselysettledareasEuropeansintroducedormaintainedalreadyexistingextractiveinstitutionstoforcethelocalpop. 33 ReferencesAcemoglu,D.andJ.Robinson.2001.ATheoryofPoliticalTransitions,AmericanEconomicReview91(September):938-963.Acemoglu,D.andJ.Robinson.2006.TheEconomicOriginsofDictatorshipandDemoc-racy.Princet Daron Acemoglu and James A. Robinson 5Philosophy that “the hand-mill gives you society with the feudal lord; the steam-mill society with the industrial capitalist” (as reprinted in McLel Institutions. and . Economic. Systems . Jon Fiva, 2009. Institutions. . defined. Douglas North: . ”. Institutions. . are. . the. . humanly. . devised. . constraints. . that. . structure. human . RecentcontributionstothisempiricalliteratureincludeHallandJones(1999),Barro(1999),PerssonandTabellini(2004),Acemoglu,RobinsonandJohnson(2001,2002)andRodrik,SubramaniamandTrebbi(2004).Accordingtothe200 References Blanchard,OliverandPeterDiamond,\TheBeveridgeCurve,"Brook-ingsPapersonEconomicActivity,1989,,1{60. Davis,Steven,\TheQualityDistributionofJobsandtheStructureofWagesinSearchEquilibrium,"1995. sity Press, 1989).3 Daron Acemoglu and James Robinson,

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