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Acemoglu and Robinson (2012) state \"Countries differ in their economic success because of their different institutions, the rules influencing how the economy works, and the incentives that motivate people" (pf/3).\" Explain why institutions are important for economic development and prosperity, with reference to the main thesis of 'Why Nations Fail: The origins of Power, Prosperity and Poverty (2012)} Discuss the differences between the 'pace of technological innovation' and the 'impact of technological innovation\Dani Rodik (2000) argues that one path towards greater international economic integration is via the 'golden straitjacket'. Explain What this phrase means and how it relates to international economic integration. How likely is it that nation states will need to manage the 'golden straitjacket' in the future