'Why Nations Fail' is co-authored by Daron Acemoglu and ______.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. James Robinson.
The groundbreaking book Why Nations Fail (2012) is co-authored by Turkish-American economist Daron Acemoglu and British economist and political scientist James A. Robinson. The authors argue that a country's economic success or failure is fundamentally driven by its political and economic institutions. They divide institutions into "inclusive" (which foster pluralism and innovation) and "extractive" (which concentrate power and wealth), demonstrating that inclusive institutions are the primary drivers of long-term national prosperity.