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Capital and Collusion: The Political Logic of Global Economic Development

4.8 out of 5 stars 4 customer reviews
ISBN-13: 978-0691124070
ISBN-10: 0691124078
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Editorial Reviews

Review

"Capital and Collusion provides an interesting read for anyone attracted by the complexity of international political economic development. . . . By highlighting the forces at work in developing countries, Root addresses the notion that distribution of wealth is often complex and requires situation specific responses to nations who are hindered by collusive cultural practices."--Andrew J. Prelog, Journal of Economic Issues

From the Back Cover


"A most interesting and informative work. The book contains excellent material and interesting analysis, and it will appeal to a broad audience."--Stanley Engerman, University of Rochester


"An ambitious book, Capital and Collusion identifies the institutional reasons for the divergent growth paths of major regions in the developing world. The topic is one that will interest a broad range of readers in both academic and policy circles."--David Stasavage, London School of Economics


"Root takes a very abstract notion like trust and provides a series of concrete demonstrations of how trust, or the lack of it, can affect economic performance and social welfare. He bases his arguments very skillfully on a variety of indicators that transform abstract concepts into observable phenomena and make his arguments come to life. This is a 'must read' in graduate and undergraduate courses that focus on institutions and development."--Lewis W. Snider, author of Growth, Debt and Politics: Economic Adjustment and the Political Performance of Developing Countries


"In this exciting book, Hilton Root calls into question some of the "sacred cows" of contemporary thought, knocking down some of the rigid boundaries that exist among the social sciences and among concepts like developed and developing countries. A very good read for all."--Elinor Ostrom, Indiana University, author of Understanding Institutional Diversity


"Capital and Collusion is a breathtaking tour de force that adds significantly to the growing literature on the political economy of development and of state failure. Hilton Root has tackled the most important question facing policymakers, leaders of international financial institutions, and students of the political economy of development: how can the incentives of leaders be changed to promote risk taking and entrepreneurship, diminish uncertainty and self-insurance, and stimulate economic growth when they benefit personally from sustained national failure? No one who wishes to understand or shape economic and social welfare can afford not to read this book."--Bruce Bueno de Mesquita, Professor of Politics, NYU


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Product Details

  • Hardcover: 352 pages
  • Publisher: Princeton University Press (December 11, 2005)
  • Language: English
  • ISBN-10: 0691124078
  • ISBN-13: 978-0691124070
  • Product Dimensions: 6.1 x 0.9 x 9.2 inches
  • Shipping Weight: 1.4 pounds (View shipping rates and policies)
  • Average Customer Review: 4.8 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Best Sellers Rank: #2,056,223 in Books (See Top 100 in Books)

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Top Customer Reviews

Format: Hardcover Verified Purchase
I have spent many years living and doing business in developing countries.

I can guarantee that "Capital and Collusion" will open your eyes to the way the world really works in places where you won't find Gap stores and Starbucks cafes.

This book is the "Real Deal" guide to global development.

It's very easy to explain why nations fail but far more difficult to show why some nations succeed despite webs of corruption and collusion.

Root's insights come from knowing how political and economic systems are connected.

I urge you to buy a copy and let Hilton show you what he's learned from many years of leg-work out in the field.

Read it carefully and profit from his experience!

Greg Beier
May 22, 2013
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Format: Hardcover
After reading this book, I came to realize that the title of the book should have been Capital from Collusion or Capital through Collusion....It would have given the audience a stronger idea of what this book is about. Other than that slight detail, I found this book to be an excellent read with excellent insight.

Dr. Root manages to break down and identify the institutional growth tracks of both the developed and developing nations that are sure to have a large impact on the future global economy. Using clear cut analytical data, he presents the reader with strong indications that not all successful institutions need to be molded through the western ideology.

This book certainly goes against the grain of many policy analysts that are stuck on post cold war ideals and drives home a new wave of thought that new generation of analysts should start to get behind especially in this multipolar 21st century.

Definitely an excellent book to use in a variety of graduate programs.
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Format: Hardcover
The book was sent in an excellent condition as it was advertised. However, the shipment was not as fast as it was promised.
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By Jewel on September 11, 2013
Format: Hardcover
Capital and Collusion is a very important literature which dives deeply into the question of what can be done for betterment of a country in terms of economy, political, and social life. One thing I truly appreciate about the author's approach is his simplicity in analysis. He dives into what households experience as a result of the policy change or an economic problem and then connects it to national, regional, international level problems. This absolutely makes him stand out among the scholars in this field.
Now, this book provides varieties of theoretical analysis of complicated issues on natural resource, resource curse, corruption, political institutions, political patronage, and effectiveness of international aid. Then, it offers developing country case studies which logically fall into his theoretical analysis.
I would highly recommend this book to everyone! I wish all policy makers would read this book. This would make the world so much better!
I made it my table book and plan to re-read it every few years.
Enjoy the book!
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