In conclusion, the analysis of Acemoglu, Johnson, and Robinson’s contributions to the understanding of growth through the lens of institutions reveals gaps in their econometric approach and representation of colonialism. Their focus on institutions as the main driver of economic disparity overlooks critical aspects such as income flows and the multifaceted nature of colonial initiatives. Moreover, India’s post-colonial growth challenges their narrative, emphasizing that colonialism’s true impact lies in economic exploitation rather than merely institutional frameworks. Ultimately, the deconstruction of their arguments highlights the need for robust theoretical models that encompass the diverse factors influencing economic development.
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About Sofia Martinez
Sofia Martinez has made a name for herself in journalism over the last 9 years, focusing on environmental and social justice reporting. Educated at the University of Los Angeles, she combines her passion for the planet with her commitment to accurate reporting. Sofia has traveled extensively to cover major environmental stories and has worked for various prestigious publications, where she has become known for her thorough research and captivating storytelling. Her work emphasizes the importance of community action and policy change in addressing pressing global issues.
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