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According to Daron Acemolu, Simon Johnson, and James Robinson (AJR), differences in institutions after the age of European colonization explain much of the cross-country differentials

According to Daron Acemolu, Simon Johnson, and James Robinson (AJR), differences in institutions after the age of European colonization explain much of the cross-country differentials in poverty and prosperity.

Discuss the simple form of the geography hypothesis with respect to economic development.

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