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The Bottom Billion

The Bottom Billion

Why the Poorest Countries are Failing and What Can Be Done About It

by Paul Collier
Paperback
Publication Date: 02/10/2008

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In this elegant and impassioned synthesis from one of the world's leading experts on Africa and poverty, economist Paul Collier writes persuasively that although nearly five billion of the world's people are beginning to climb from desperate poverty and to benefit from globalization's reach to developing countries, there is a "bottom billion" of the world's poor whose countries, largely immune to the forces of global economy, are falling farther behind and are in
danger of falling apart, separating permanently and tragically from the rest of the world. Collier identifies and explains the four traps that prevent the homelands of the world's billion poorest people from growing and receiving the benefits of globalization - civil war, the discovery and export of
natural resources in otherwise unstable economies, being landlocked and therefore unable to participate in the global economy without great cost, and finally, ineffective governance. As he demonstrates that these billion people are quite likely in danger of being irretrievably left behind, Collier argues that we cannot take a "headless heart" approach to these seemingly intractable problems; rather, that we must harness our despair and our moral outrage at these inequities to a reasoned and
thorough understanding of the complex and interconnected problems that the world's poorest people face.
ISBN:
9780195374636
9780195374636
Category:
Development economics & emerging economies
Format:
Paperback
Publication Date:
02-10-2008
Publisher:
Oxford University Press Inc
Country of origin:
United States
Pages:
224
Dimensions (mm):
196x129x15mm
Weight:
0kg
Paul Collier

Paul Collier is a professor of economics at Oxford University. The author of Wars, Guns and Votes: Democracy in Dangerous Places and The Bottom Billion, which won the 2008 Lionel Gelber Prize for the world's best book on international affairs, he has lectured widely on the subjects of economics and international relations.

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