David Cameron's Speech to Open Government Partnership Summit
Thursday, October 31, 2013
Daron Acemoglu and James Robinson

Prime Minister David Cameron’s speech can be found here.

We are delighted to see the Prime Minister emphasize the importance of inclusive political institutions. He even went further and recognized that making political institutions inclusive is not the natural instinct of politicians (stating that “Transparency brings risks”).

In fact, many politicians and elites actively work to maintain extractive institutions in place.

This will not change overnight, but more political and intellectual leaders emphasizing the importance of inclusive institutions and the role of politicians and elites in creating and maintaining the institutions that are at the root of much of the poverty around the world is a very very important first step.

Article originally appeared on Why Nations Fail by Daron Acemoglu and James Robinson (http://whynationsfail.com/).
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