Text 1
Economist Daron Acemoglu has argued that a country's long-term
economic growth depends primarily on the quality of its institutions,
particularly the rule of law, property rights, and constraints on
political power. In his view, nations with inclusive institutions
that distribute power broadly tend to innovate and prosper, while
those with extractive institutions that concentrate power among
elites tend to stagnate.
Text 2
Economist Jeffrey Sachs, while not dismissing the role of
institutions, has emphasized that geographic factors such as climate,
disease burden, and access to navigable waterways exert a powerful
independent influence on economic development. Sachs contends that
institutional explanations alone cannot account for the persistent
poverty found in tropical regions, where environmental challenges
impose costs that even well-governed countries struggle to overcome.
Based on the texts, how would Sachs (Text 2) most likely respond to Acemoglu's argument in Text 1?