Economy
Hamid Reza Maghsoodi; Mohammad Javad Masoominia
Abstract
The book “Why Nations Fail: The Roots of Power, Wealth and Poverty" written by Daron Ajmoglu and James E. Robinson is one of the works of new institutionalism. By examining the history of nations, the authors have analyzed the reasons for the growth and decline of societies. This work, like other ...
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The book “Why Nations Fail: The Roots of Power, Wealth and Poverty" written by Daron Ajmoglu and James E. Robinson is one of the works of new institutionalism. By examining the history of nations, the authors have analyzed the reasons for the growth and decline of societies. This work, like other works of the authors, is based on the comparative study of the long-term development experience of different nations. In this article, while examining the formal structure and quality of the translation of the book, which was done by Mohsen Mirdamadi and Mohammad Hossein Naimipour, the content of the book has also been examined. The book has content and methodological weaknesses. The authors claim to have derived their theory with a historical approach and an inductive method, but in fact, by choosing oriented analytical and comparative methods and of course philosophical ones, they have presented an ideological reading of the history of countries and the quality of their development. The lack of statistical evidence and the contention of the analytical method and repeated emphasis on the author's opinion with repeated identifications have weakened the content of the book. Claiming to be inductive and rejecting this claim by using an analogical approach is one of the most important problems of this book. The book has a fluent translation, but it has many editing problems. The design of its cover and back cover unfairly evokes a black, defeated, and poor image of the people of Iran.
Economy
Seyed Hossein Mirjalili
Abstract
Understanding the logic behind the success and failure in economic growth, and institutional and global arrangements is the subject of this book. Identifying growth’s binding constraints and the need for finding solutions for development issues according to the circumstances of countries is an ...
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Understanding the logic behind the success and failure in economic growth, and institutional and global arrangements is the subject of this book. Identifying growth’s binding constraints and the need for finding solutions for development issues according to the circumstances of countries is an alternative approach to this book on development. This paper aims at evaluating “One Economics, Many Recipe” in presenting an initiative for economic growth and development. Analytical-descriptive method is used in reviewing the book and conducting methodological assessment. The results indicated the advantages and challenges of the arguments put forwarded by the book. Among the advantages is the consideration of each country's circumstances in growth policy, the lack of one size fits all for economic policies for development, challenging the universalism of neoclassical teachings, the distinction between ignition of growth and its sustainability, and questioning of the exaggerating in the benefits of trade liberalization. Among the challenges are using the prescription on the title of the translated book, problems in implementing the growth diagnostic method, utilizing qualitative methods instead of quantitative in growth diagnosis in practice, neglecting policies and measures for the second stage in growth sustainability, and methodological assessment of growth diagnosis.
