The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It - Softcover

Collier, Paul

Softcover

ISBN 10: 0195374630 ISBN 13: 9780195374636

Publisher: Oxford University Press, 2008

Synopsis

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.

About this title

About the Author

Paul Collier is Professor of Economics and Director of the Centre for the Study of African Economies at Oxford University. Former Director of the Development Research group at the World Bank, he is one of the world's leading experts on African economies. Author of several books including Breaking the Conflict Trap, Collier has served as the senior adviser to Blair's Commission on Africa and his research has been featured in The Economist, The Washington Post, and The New York Times.

Edition details

• Publisher: Oxford University Press
• Publication date: 2008
• Language: English
• ISBN 10: 0195374630
• ISBN 13: 9780195374636
• Binding: Paperback
• Number of pages: 224