Political institutions Quote by Daron Acemoğlu
““We will refer to political institutions that are sufficiently centralized and pluralistic as inclusive political institutions. When either of these conditions fails, we will refer to the institutions as extractive political institutions. There””
About This Quote
Source Paper: Economic Origins of Institutions, 2012
Inclusive institutions are centralized and pluralistic; when they fail, institutions become extractive.
In simple terms: Inclusive vs. extractive institutions.
Support inclusive governance.
Themes
Mood
Type
When to use this quote
- policy making
- development aid
- governance reform
Key Concepts
Questions to Reflect On
- How can we identify inclusive traits?
- What reforms shift extractive to inclusive?
Complex societies may not fit binary classification.