extractive institutions
2 episodes mention this concept
EconomicsExplainedFeb 23, 2025The Anatomy of a Failed Economy: Institutions, Shocks, and the Path to Prosperity
EconomicsAnachronian principleEconomic prosperityEconomic failureGovernance- EconomicsExplainedNov 3, 2024
The 2024 Nobel Prize in Economics: Institutions as the Foundation of National Prosperity
EconomicsSveriges Riksbank Prize in Economic SciencesMacroeconomicsInstitutional economicsInclusive institutions
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Related concepts
Concepts that appear alongside extractive institutions across episodes.
- rule of law
- brain drain
- property rights
- causal relationship
- industrialization
- business culture
- specialization
- governance
- entrepreneurial success
- correlation vs. causation
- value extraction
- non-extractive institutions
- debt appetite
- peaceful transfer of power
- economic prosperity
- colonialism's legacy
- geopolitical mechanisms
- inclusivity (political/economic)
- economic failure
- inclusive institutions