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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” quote by Daron Acemoğlu
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““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””

Daron Acemoğlu

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.

Key Takeaway

Support inclusive governance.

Themes

politics economics institutional design

Mood

analytical critical

Type

academic policy

When to use this quote

  • policy making
  • development aid
  • governance reform

Key Concepts

centralization pluralism extraction

Questions to Reflect On

  • How can we identify inclusive traits?
  • What reforms shift extractive to inclusive?
A Different Perspective

Complex societies may not fit binary classification.

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