The Bottom Billion by Paul Collier

The Bottom Billion by Paul Collier

Global poverty, Paul Collier points out, is actually falling quite rapidly for about eighty percent of the world. The real crisis lies in a group of about 50 failing states, the bottom billion, whose problems defy traditional approaches to alleviating poverty. In The Bottom Billion, Collier contends that these fifty failed states pose the central challenge of the developing world in the twenty-first century. The book shines a 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 nation between reformers and corrupt leaders--and the corrupt are winning. Collier analyzes the causes of failure, pointing to a set of traps that snare these countries, including civil war, a dependence on the extraction and export of natural resources, and bad governance. Standard solutions do not work against these traps, 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, and new international charters, and even conduct carefully calibrated military interventions. As former director of research for the World Bank and current Director of the Center for the Study of African Economies at Oxford University, Paul 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.

A must-read for anyone who has tired of the emotionalism of the Geldof-Bono aid brigadeMichela Wrong, New Statesman Books of the Year An important book. Max Hastings, The Guardian Important and provocative. Sunday Times Important new book... compelling. New Statesman d Set to become a classic... 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. The Economist Collier's is a better book than either Sachs's or Easterley's for two reasons. First, its analysis of the causes of poverty is more convincing. Second, its remedies are more plausible. Niall Ferguson, International Herald Tribune This extraordinarily important book should be read by everyone who cares about Africa, but who recoils from the egotism and self-indulgence of Comic Relief and Live Aid. Max Hastings, Sunday Times Review 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 Powerful...This important book wants citizens of G8 countries to fight for change. Heather Stewart, Economics Editor, The Observer This is an arresting, provocative book. If you care about the fate of the poorest people in the world, and want to understand what can be done to help them, read it. If you don't care, read it anyway. Tim Harford, Financial Times columnist and author of The Undercover Economist A splendid book... 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. Martin Wolf, Financial Times [a] significant contribution... a good and helpful book. Collier uses his basic insight to challenge the conventional wisdom of both Left and Right. Edward Hadas, TLS A path-breaking work providing penetrating insights into the largely unexplored borderland between economics and politics. George Soros Paul Collier brilliantly anatomises the true causes of Africa's post-colonial failure. Niall Fergusson, Sunday Telegraph Paul Collier's book is of great importance. He has shown clearly what is happening to the poorest billion in the world, why it is happening and what can be done to open up greater opportunities for them in a world of increasing wealth. His ideas should be at the centre of the policy debate. Sir Nicholas Stern, Head of the UK Government Economic Service A good and helpful book. Collier uses his basic insight - that the poor are in a very different situation from the rest of the world - to challenge the conventional wisdom of both the Left and the Right. Edward Hadas, TLS A powerful book. New Zealand Herald

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.

SKU	Unavailable
ISBN 13	9780195311457
ISBN 10	0195311450
Title	The Bottom Billion
Author	Paul Collier
Condition	Unavailable
Binding Type	Hardback
Publisher	Oxford University Press Inc
Year published	2007-05-25
Number of pages	222
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.