Abstract
The foundational discovery of inversion in wealth disparity among territories that Europeans seized as their imperial power by Acemoglu, Johnson, and Robinson (AJR) is used in this study to assess growth theories in the context of past data. Using the AJR inversion of fortune concept as a reference point, we attempt to discover which greater deters in the non-European universe in the pre-colonial historical past have converted themselves into impoverished communities in contemporary correlation, although some of the poorest areas in the pre-1500 specified timeframe are now considered one of the most developed markets of currently. Our findings show that, while theoretically and empirically proof in the research points to organizational explanations for differences in long production developments, historical and ethnic boundaries must be considered to get a full picture of how various organizational structures have progressed in various locations over time.
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