Part 2/10:
Economists have made significant progress in distinguishing the criteria for economic success from failure. Emerging research underscores that controllable variables, such as governance, business culture, and societal attitudes towards conflict, play a far more critical role than uncontrollable ones like geography and historical circumstances. This evolution of thought offers optimism: while a universal blueprint for achieving economic prosperity remains elusive, a clearer picture of what fosters economic failure is beginning to take shape.