Good Morning Everyone This Is My Book Presentation in Why Nations Fails
Cj Soriano
The Concept of Inclusive and Extractive InstitutionsThe book posits that inclusive institutions promote economic growth and innovation by providing broad access to resources and opportunities while ensuring the rule of law and protection of property rights. These institutions foster a level playing field where everyone has a chance to succeed. Conversely, extractive institutions concentrate power and wealth in the hands of a few, often stifling economic activity and perpetuating inequality.
