# @ubs on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DakfEWHHy-B
- **Gondola URL:** https://gondola.cc/posts/67539322-ubs-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/75218e39d3.jpg
- **Posted:** 2026-07-09T12:00:01.000+00:00
- **Account Owner:** UBS (@UBS) — https://gondola.cc/UBS

## Caption

Why are some countries rich – and others not? 

It’s not geography. Not culture. 

According to Daron Acemoglu: it’s institutions. 

Rules. Power. Participation. 

Explore 10 years of Nobel thinking at www.ubs.com/nobel

#NobelPerspectives #10yearsofNobelPerspectives #shareUBS

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- **Likes:** 191
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- **Comments:** 7

## Tags

10yearsofnobelperspectives, nobelperspectives, shareubs

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