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

The Bottom Billion Why the Poorest Countries Are Failing and What Can Be Done About It 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 devel
  • Title: The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It
  • Author: Paul Collier
  • ISBN: 9780195311457
  • Page: 456
  • Format: Hardcover
  • The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It
    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 fuIn 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 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 hu
    The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It By Paul Collier,

    The Bottom Billion Why the Poorest Countries are Failing 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 The Bottom Billion The Bottom Billion Why the Poorest Countries Are Failing Apr , By definition, the bottom billion constitutes to the billion populace that thrive in the impoverished economies Adhering heavily on the statistical data, Collier infers that as of , around million living in trapped countries % of the populace is in Africa. Book Review The Bottom Billion endPoverty Nov , The bottom billion has been named a classic by major publications such as The Economist, and is on every booklist outlining the most important books in development I believe this book is important when it comes to development, largely because it is accessible In the preface, Collier, mentions how he has written books on a variety of topics including labour markets, macro economic

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    About " Paul Collier "

  • Paul Collier

    Paul Collier, CBE is a Professor of Economics, Director for the Centre for the Study of African Economies at the University of Oxford and Fellow of St Antony s College He is the author of The Plundered Planet Wars, Guns, and Votes and The Bottom Billion, winner of Estoril Distinguished Book Prize, the Arthur Ross Book Award, and the Lionel Gelber Prize.

  • 908 Comments

  • On July 9th 2011, the people of South Sudan took to the streets jubilant, celebrating their country s independence Alas The euphoria was short lived as the newly independent, strictly landlocked country fell into the cyclic trap of civil war ethnic annihilation and mass starvation taking the centerstage The recent signed peace deal between President Salva Kiir and the rebel leader Riek Machar, dashed all hope of tranquility as the ceasefire deal was broken through a couple of violent attacks in [...]


  • I read this for a book club I will share the poem I wrote about the book Trapped at the bottom of the economic ladderPer capita income, GDP, what does it matter A failing state after four years or of stagnation,Often includes bad governance, conflict hyperinflation,Natural resource shocks and bad neighbors can lead to marginalizationThere is a reason tourists don t choose the Central African Republic as a destination.Can something be done to prevent a downward trend Can aid and capacity buildin [...]


  • Poor scholarshipLacks critique of objections to his proposed solutionsLacks evidence debunks failed policies based on his word with no supporting evidenceFails to address health and education issuesObvious bias towards capitalism and free market economies being the solution to world problemsLacks citations of any data rather uses a based on previous research approach which nullifies any empirical claims of this particular book


  • Really fascinating book about why countries like Haiti, Somalia, Chad and the Central Asian Stans have failed to develop towards middle income status, whereas the rest of what we call the developing world has made real progress Collier is better on the problems, I think, than on the solutions, but not bad on either This is the best, clearest explanation I ve ever read about why oil and mineral wealth can be so detrimental to a country s growth Because it crowds out all other export activity and [...]


  • I was disheartened to learn this book is highly regarded and then sickened to discover it was not published 10 years ago Collier s ideas are hardly contributive to any insightful analysis of the problem of development , and even his myopic vision is ill served by his bland and threadbare solutions.How could a man as who once served as director of research for the World Bank be so appallingly estranged from the complex realities of Africa Oh wait, never mindI feel oddly embarrassed that this made [...]


  • I thought this book might be an effective counterpoint to William Easterly s The Elusive Quest for Growth, but instead of focusing on foreign aid, Collier focuses on the internal problems in poor countries that inhibit economic growth, and thus he largely complements rather than contradicts Easterly s analysis This work is based on an entire career of rigorous scientific research, and Collier puts it to good use in a book that is both dense and fast paced.Collier has identified four main traps t [...]


  • Nowadays, than 80% of the world population is living in countries that experience economic growth However, 20% or nearly 1 billion people still live in countries with none or very little growth, are experiencing civil war, plagues and other mishaps These countries, located mainly in Africa, will stay poor if we don t do anything, allowing them to diverge from an increasing sophisticated world economy and be forgotten, with disastrous results.Paul Collier, professor of economics and director of [...]


  • This is one the best policy books that I have read and an example of what a good policy book should be all about It deals with the subject that is often in public spotlight and yet it seems as intractable today as it was decades ago This sad state of affairs may in at least part be attributed to some of the misunderstanding of what global poverty is all about, who is most affected by it, and what sort of traps those most affected find themselves incapable of escaping As this book clearly argues, [...]


  • Short and to the point The support to the poorest countries can t continue to be reactive and focus on the negatives already occurring in these countries Instead the focus should be on enabling growth within, and that requires a change in their culture, and ours External policies can help to enable this growth if planned smart You have to give the people hope, not a band aid for an existing single issue.The focus of the book is about the traps these countries are in and cannot get out of, and ha [...]


  • Collier loves his research He also loves the research of people who have studied under him Finally, he loves the research of people he works with While I have no doubt that his research has produced some fruitful insights into poverty, I don t think his book is the amazing must read development book of the year or even a book really worth reading Here s the nutshell version, that will save you some money The bottom billion people out there part of a number of countries Collier won t name because [...]


  • If you consider to read just one book about poverty and aid this one is well written, 190 pages, inexpensive, gives insights other books not necessarily give you a good choice Be warned that you might want to read on the topic after finishing this book This book analyzes scientifically why the bottom billion countries remain the poorest while countries as China and India experiences rapid growth, to what extent anything can be done about their situation and to what extent existing policies are [...]


  • El libro es un cl sico en la literatura de desarrollo y parte de algunos de los papers m s famosos de Collier y sus autores como Greed and Grievance con Anke Hoeffler y lo que haces es elaborar el caso de porque es importante elevar r pidamente los niveles de desarrollo en las sociedad donde se encuentran los mil millones de personas m s pobres del mundo El libro se divide en dos partes fundamentalmente una primera donde se explican las trampas que evitan que estos pa ses se desarrollen, las gue [...]


  • I read this for one of my classes and we spent the whole time critiquing Collier s rhetoric He fails to provide sources and evidence or ANY citations for many of the claims he makes in this work, and fails to even address any opposing views to what he proposes as solutions none of which are very good He has a very clear bias towards free market capitalism in being a solution to the world s problems without addressing our increasingly interdependent and globalizing world as a contributor to how t [...]


  • Extremely dense and Collier missed the golden opportunity to summarize his findings He is all over the map He lays out problems but couches the solutions, if you can find them, in it may work but might not because they are different markets He may be a great economist but he is a poor writer.


  • This is an important book for anyone interested priorities of mainstream development economists Philosophically, I disagree with the prescriptive parts, which focus unsurprisingly on GDP growth and stability, but I found the diagnosis analysis poverty and instability useful And the prose is good for an economist


  • Best book of the how do we fix the world genre Terrific book on its own rights, falls short on the legitimacy of some of its supporting evidence at this point, that criticism isn t relevant but will be once political scientists figure out how to do their job


  • This book was such a disappointment I expected an intelligent analysis, and some thoughtful solutions What I got was a lot of repetition from an author who assumed his audience was going to forget every statement he made





  • Clear, specific, and based on tons of empirical data everything that the development discourse is missing Gives a very coherent plan for making the world s poorest less poor.


  • Poverty has continued to be the world s most unsolvable problem To this date, humans have never lived in a world that is food, shelter, education and health secure Some people believe that this problem will never be eradicated but others like global economist Paul Collier believe that although a very difficult task, those who are living in poverty stricken nations have the ability to escape these living conditions Paul Collier argues that poverty is not unattainable in his book The Bottom Billio [...]


  • There are many wonderful things about Powell s Bookstore in Portland, but the best thing that I personally found there this summer was this book It s one of those rare books that has dramatically changed my thinking in some fundamental ways If you have any interest in what to do about the poorest countries on the planet, this is the best thing on the subject that I ve ever read And all contained in a slim package of less than 200 pages.As Collier says in the opening sentence of his book, the thi [...]


  • Paul Collier is a professor of economics and director of the center of study of African Economies of Oxford University He was formerly the director of Development research at the World Bank and the advisor to the British government commission in Africa He is so enthusiastic about the poverty and its solution issue to the extent that he switched his honeymoon to a trip with a scholar to Ethiopia for research When 1 6 of the earth s people are living in misery and discontent below the poverty line [...]


  • I bought this book because I wanted to think about how to effectively help the poorest people in the world, but instead I ended up thinking about a slander against the Boston Police Department BPD , an organization I usually do not find myself leaping to the defense of.On Kindle page 22, the author states that apparently some of the guns used by the IRA came from the Boston police department though the attacks of September 11, 2001, brought a stop to that one Of course, there were and are today [...]



  • Paul Collier s The Bottom Billion is a well balanced and thoughtful analysis of many aspects of international development It s a worthwhile read as an introduction to development economics at a macro scale and at the level of the poorest nations.Collier points out a number of key economic misconceptions that currently stifle NGOs, governments, and charities These include misaligned incentive structures, misunderstanding of trade policies and their economic consequences, misunderstanding of the r [...]


  • Waaaoh,I didn t expect to learn this much when I picked up this bookhighly recommended if you interested on understanding reasons why many countries especially African Countries are economic stagnant for over 40 years,and proposed solutions on what should be done.Definitely a masterpiece.


  • An ambitious piece of work The Bottom Billion is the term Paul Collier, former Director of Research for the World Bank, uses to describe the 58 countries that have experienced zero economic growth since the 1970 s 58 countries compose the Bottom Billion They include countries such as Bolivia, Haitii, Central Asia, N Korea, Cambodia, Yemen, burma, Laos, Africa While the rich countries get richer and the developing nations catch up, these countries have experienced an annual GDP per capita decreas [...]


  • Book 8 The Bottom Billion Why the Poorest Countries are failing and what can be done about it by Paul Collier Africa 100BooksChallenge2016 Favourite Take AwaysAll societies used to be poor Most are now lifting out of it why are others stuck The answer is traps Poverty is not intrinsically a trap, otherwise we would all still be poor Think, for a moment, of development as chutes and ladders In the modern world of globalization there are some fabulous ladders most societies are using them But ther [...]


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