3: Modern economic growth

Daron Acemoğlu interviewed by Romesh Vaitilingam, 27 February 2009 Daron Acemoglu of MIT talks to Romesh Vaitilingam about his new book, Introduction to Modern Economic Growth. They discuss why sustained growth took off in Europe in the nineteenth century, the roles of technology and institutions in explaining why some countries grow rapidly while others stagnate, and the growth prospects for the world’s poorest countries as well as the recent Asian success stories. The interview was recorded at the American Economic Association meetings in San Francisco in January 2009.