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The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It Paperback – Sep 18 2008
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"An important book."--Fareed Zakaria
"Insightful and influential."--Newsweek
"An acclaimed bestseller in 2007, and already a set text in development courses worldwide, Paul Collier's The Bottom Billion has far from exhausted its potential to change the way we think about, teach about, and legislate about global poverty...Its policy recommendations, many of which focus on empowering domestic actors, including through voluntary international standards to serve as rallying cries for reform movements, are not only pragmatic but also addressed squarely to the audience that matters most: the G8. It does not hurt its crossover appeal that The Bottom Billon is a model of good writing for the public understanding of social science."--Ethics & International Affairs (publication of the Carnegie Council)
"Excellent...his key recommendations are right on the mark, and his message should resonate in the development discourse for years to come...Highly recommended."--CHOICE
"This is a path-breaking work providing penetrating insights into the largely unexplored borderland between economics and politics."--George Soros
"One of the most important books on world poverty in a very long time."--Richard John Neuhaus, founder of First Things Magazine
"Provides a penetrating reassessment of why vast populations remain trapped in poverty, despite endless debate over foreign aid policy among wealthy countries and institutions."--Barbara McDougall, Jury Chair, The Lionel Gelber Prize, and Canada's Former Secretary of State for External Affairs
"Workable development ideas are hard to find, but Professor Collier may have identified the next frontier for positive change."--Tyler Cowen, The New York Times
"This slip of a book is set to become a classic of the 'how to help the world's poorest' genre. Crammed with statistical nuggets and common sense, his book should be compulsory reading for anyone embroiled in the hitherto thankless business of trying to pull people out of the pit of poverty where the 'bottom billion' of the world's population of 6.6 billion seem irredeemably stuck."--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. As Collier rightly says, it is time to dispense with the false dichotomies that bedevil the current debate on Africa. 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
About the Author
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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Top Customer Reviews
How can a global economy that routinely produces new billionaires leave a billion people behind in countries where the economic prospects are bleak despite enormous spending aimed at turning things around? Obviously, the remedy isn't working. You could have figured that out for yourself without reading this book.
Professor Paul Collier takes us beyond that disquieting simplification to measure what some of the reasons are that contribute to the stalled economies in those countries (which are mostly located in sub-Saharan Africa and central Asia) where a billion people live.
The primary factors that he can isolate include frequent armed conflicts (coups, civil wars, and wars with other countries), producing high value natural resources that can be easily exported, having no access to the oceans while being surrounded by neighboring countries having a lot of problems, and poorly performing government in a small country. Armed conflicts not only take a lot of lives and do a lot of damage; armed conflicts drive people into new areas creating enormous dislocations and increased disease. Armed conflicts interrupt the ability to run a farm, a business, or to have a normal life. High value exports encourage those in government to seek payoffs from the exports while the exports drive up the value of the currency making local businesses less competitive with imports. If you are surrounded by bad neighbors, you cannot do much exporting or importing so your economy is stuck where it is. A poorly performing government simply siphons off funds into corruption.Read more ›
Most recent customer reviews
Professor Mitchell said 99% of what I was thinking when I read this book. I'll just add the following:
a) Collier writes without using economic jargon, and he relies as... Read more
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