The Bottom Billion
Why the Poorest Countries are Failing and What Can be Done About it
By (author) Paul Collier
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Bottom Billion by Paul Collier
Book DescriptionIn the universally acclaimed and award-winning The Bottom Billion , Paul Collier reveals that fifty failed states--home to the poorest one billion people on Earth--pose the central challenge of the developing world in the twenty-first century. The book shines much-needed light on this group of small nations, largely unnoticed by the industrialized West, that are dropping further and further behind the majority of the world's people, often falling into an absolute decline in living standards. A struggle rages within each of these nations between reformers and corrupt leaders--and the corrupt are winning. Collier analyzes the causes of failure, pointing to a set of traps that ensnare these countries, including civil war, a dependence on the extraction and export of natural resources, and bad governance. Standard solutions do not work, he writes; aid is often ineffective, and globalization can actually make matters worse, driving development to more stable nations. What the bottom billion need, Collier argues, is a bold new plan supported by the Group of Eight industrialized nations. If failed states are ever to be helped, the G8 will have to adopt preferential trade policies, new laws against corruption, new international charters, and even conduct carefully calibrated military interventions. Collier has spent a lifetime working to end global poverty. In The Bottom Billion , he offers real hope for solving one of the great humanitarian crises facing the world today. "Set to become a classic. Crammed with statistical nuggets and common sense, his book should be compulsory reading." -- The Economist "If Sachs seems too saintly and Easterly too cynical, then Collier is the authentic old Africa hand: he knows the terrain and has a keen ear.... If you've ever found yourself on one side or the other of those arguments--and who hasn't?--then you simply must read this book."--Niall Ferguson, The New York Times Book Review "Rich in both analysis and recommendations.... Read this book. You will learn much you do not know. It will also change the way you look at the tragedy of persistent poverty in a world of plenty."-- Financial Times
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Book DetailsISBN: 9780195373387
(211mm x 141mm x 15mm)
Imprint: Oxford University Press Inc
Publisher: Oxford University Press Inc
Publish Date: 1-Jan-2009
Country of Publication: United States
Books By Author Paul Collier
Tanzania, Hardback (January 2017)
This volume examines key policy challenges facing Tanzania over the coming decades in the areas of agriculture, trade, urbanization, employment, finance, and natural investment.
Exodus, Paperback (October 2014)
Looks at how people from the world's poorest societies struggle to migrate to the rich West: the effects on those left behind and on the host societies, and explores the impulses and thinking that inform Western immigration policy.
Zambia, Hardback (September 2014)» View all books by Paul Collier
A rigorous analysis of the key economic policy challenges facing Zambia over the coming decades in in the areas of natural resource management, agriculture, trade, employment and migration, education, finance, and investment.
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Author Biography - Paul Collier
Paul Collier is Professor of Economics and Director of the Center for the Study of African Economies at Oxford University. Former director of Development Research at the World Bank, he is one of the world's leading experts on African economies, and is the author of Breaking the Conflict Trap, among other books.
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