Book 2008
Rise and Decline of Nations
33 readers
- Publisher
- Yale University Press
- Language
- English
- Published
- 2008
- Caste
- Economic development
- Economics
- Effect of inflation on
- Unemployment
- business associations
- collective action
- economic policy
Explores the relation between economic development and collective action, hypothesizing that small collectives are dynamic and flexible enough to quickly react to changes, encouraging economic development, while large collectives are slow and inflexible when faced with change, leading to economic decline.