The bottom billion: why the poorest countries are failing and what can be done about it

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Publisher:
Oxford University Press,
Pub. Date:
2008.
Language:
English
Description
In 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. InThe 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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ISBN:
9780195311457
9780195373387
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full_title bottom billion why the poorest countries are failing and what can be done about it
author collier paul
grouping_category book
lastUpdate 2017-06-24 11:14:44AM

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author Collier, Paul.
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display_description "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."--Publisher's description.
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physical xiii, 209 pages ; 20 cm
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subject_facet Economic development projects -- Developing countries -- International cooperation, Political culture -- Developing countries, Poor -- Developing countries, Poverty -- Developing countries
table_of_contents What's the issue. Falling behind and falling apart : the bottom billion -- The traps. The conflict trap -- The natural resource trap -- Landlocked with bad neighbors -- Bad governance in a small country -- An interlude : globalization to the rescue. On missing the boat : the marginalization of the bottom billion in the world economy -- Aid to the rescue? -- Military intervention -- Laws and charters -- Trade policy for reversing marginalization -- The struggle for the bottom billion. An agenda for action.
target_audience Adult
target_audience_full Adult
time_since_added 2 Months, Quarter, Six Months, Year
title The bottom billion : why the poorest countries are failing and what can be done about it
title_display The bottom billion : why the poorest countries are failing and what can be done about it
title_full The bottom billion : why the poorest countries are failing and what can be done about it / Paul Collier
title_short The bottom billion :
title_sort bottom billion why the poorest countries are failing and what can be done about it
title_sub why the poorest countries are failing and what can be done about it