FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Explain why many countries located in hot and tropical climates currently have extractive institutions like weak property rights, limited information, and low social mobility according

Explain why many countries located in hot and tropical climates currently have extractive institutions like weak property rights, limited information, and low social mobility according to Acemoglu, Johnson, and Robinson's 2001 study.


Step by Step Solution

There are 3 Steps involved in it

Step: 1

Acemoglu Johnson and Robinsons 2001 study argues that many countries located in hot and tropical climates have extractive institutions characterized b... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Strategy

Global Strategy

Authors: Mike W. Peng

5th Edition

0357512367, 978-0357512364

More Books

Students also viewed these Economics questions

Question

★★★★★
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Answered: 1 week ago

Question

★★★★★
SA-TIED YOUNG SCHOLARS PROGRAMME Young Scholars This paper was produced as a part of the SA-TIED Young Scholars' programme. The programme is a part of SATIED's capacity building initiatives, designed...

Answered: 1 week ago

Question

★★★★★
Can someone please summarize the case study below: if you know about the case IKEA Looks to Further Penetrate the U.S. Market 10 CASE Synopsis: IKEA is known around the world for its stylish,...

Answered: 1 week ago

Question

★★★★★
Since the introduction of enhanced security measures by the U.S. Department of Homeland Security in 2017, flights bound for the U.S. from Canada are subject to additional screening by airline...

Answered: 1 week ago

Question

★★★★★
You are the CIO of a small company with a rapidly growing customer base. Which CRM system would you use: on-premise CRM system, on-demand CRM system, or open-source CRM system? Remember that...

Answered: 1 week ago

Question

★★★★★
A payment of $4500 was due three years ago and another payment of $2750 is due in four years. Determine the single payment that will settle both payments in two years. Assume an interest rate of...

Answered: 1 week ago

Question

★★★★★
2. Thats an important question, John. Maura, do you have any thoughts about how youd answer that?

Answered: 1 week ago

Question

★★★★★
Jana has a PAP with the following coverages: Liability coverages: $100,000/$300,000/$50,000 Medical payments coverage: $5,000 each person Uninsured motorists coverage: $25,000 each person Collision...

Answered: 1 week ago

Question

★★★★★
1 and 2 please Problem 2-17 (Algo) Plantwide and Departmental Predetermined Overhead Rates; Overhead Application [LO2-1, LO2-2] Wilmington Company has two manufacturing departments-Assembly and...

Answered: 1 week ago

Question

★★★★★
The analyst in the Dorben Company made 10 independent time studies in the hand paint spraying section of the finishing department. The product line under study revealed a direct relation between...

Answered: 1 week ago

Question

★★★★★
The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Dirt Mountain Racing Total Bikes...

Answered: 1 week ago

Question

★★★★★
Great Outdoors Airlines, Inc., operates leased amphibious aircraft and docking facilities, equipping the firm to transport campers and hunters from British Columbia, Canada, to outpost camps owned by...

Answered: 1 week ago

Question

★★★★★
Ashley Conners owns La Jolla Art Company, a firm providing designs for advertisers, market analysts, and others. On July 1, the business's general ledger showed the following normal account balances:...

Answered: 1 week ago

Question

★★★★★
University Sales had the following transactions for T-shirts for 2011, its first year of operations. During the year, University Sales sold 725 T-shirts for \(\$ 20\) each. Required a. Compute the...

Answered: 1 week ago

Question

★★★★★
The following information pertains to Ping Company for 2011. Ending inventory consisted of 30 units. Ping sold 210 units at \(\$ 50\) each. All purchases and sales were made with cash. Required a....

Answered: 1 week ago

Question

★★★★★
The following is partial information for Xavier Companys most recent year of operation. Xavier manufactures childrens shoes and categorizes its operations into two divisions, Girls and Boys....

Answered: 1 week ago

Question

★★★★★
Times Interest Earned The following data were taken from recent annual reports of Caliber Company, which operates a low-fare airline service to more than 50 cities in the United States: a. Determine...

Answered: 1 week ago

Question

★★★★★
Find the image of x = k = const under w = 1/z. Use formulas similar to those in Example 1. y| y = 0 -21 -2 -1 -1, /1 12 T -1 -1 y= -2 x =0

Answered: 1 week ago

Question

★★★★★
From India to New Zealand, from Indonesia to Japan, the airline industry in the Asia Pacific region is vast. It carries 30% of the worlds passenger traffic and 40% of the cargo traffic and is growing...

Answered: 1 week ago

Question

★★★★★
On June 27, 2017, a malware infectionNotPetyabegan spreading from Ukraine. It affected firms in many countries, although the greatest impact was in Ukraine. As a result of this malware infection,...

Answered: 1 week ago

Question

★★★★★
What are some of the darker sides associated with globalization? Why are negative attitudes toward globalization growing in some parts of the world? Since the swing of the pendulum is likely to move...

Answered: 1 week ago

Question

★★★★★
120 College protests of labor exploitation. The Journal of World-Systems Research (Winter 2004) did a study of student sit-ins for a sweat-free campus at universities. The SITIN file contains data on...

Answered: 1 week ago

Question

★★★★★
121 Feeding habits of fish. Brain and Behavior Evolution (Apr. 2000) performed a study of the feeding behavior of black-bream fish. Z oologists recorded the number of aggressive strikes of two...

Answered: 1 week ago

Question

★★★★★
119 Baseball batting averages versus wins. Is the number of games won by a major league baseball team in a season related to the teams batting average? Consider data from the Baseball Almanac on the...

Answered: 1 week ago

Previous Question Next Question