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The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It Paperback – August 22, 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
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Top Customer Reviews
The most frustrating element of recent books on economic development is that they wildly overstate. Jeffrey Sachs, in The End of Poverty, promises that we can eradicate poverty with a few simple (if not easy) steps; and William Easterly, in The White Man's Burden, tells us aid is a disaster (with some tiny caveats at the end). Collier offers the nuanced voice that has been missing. He draws on decades of his and others' careful research to explain four traps that keep most of the bottom billion in captivity and why globalization as it is currently configured will do little for these poorest nations.
He goes on to explore how each of a whole array of policy instruments (including but not limited to aid) can play a key role in helping the bottom billion get on track towards growth.Read more ›
Paul Collier pioneered the burgeoning research on the economic causes of conflicts, and his work on civil wars has proved quite controversial among political science experts. Those experts tend to interpret civil wars in terms of heroic struggles motivated by grievances or ethnic strifes reflecting deeply-rooted hatreds. The author's research shows that rebel groups are usually doing well out of war, and that greed often trumps grievance as the underlying cause of conflict. He proves this by statistical analysis, showing for instance that there is basically no relationship between political repression and the risk of civil war, or between ethnic fragmentation and conflict (although ethnic polarization does play a part).
Conflict is not the only trap. The author also goes through the natural resource trap, the trap of being landlocked with bad neighbors, and the trap of bad governance in a small country. Those traps often reinforce each other, and their combined effects condemn the bottom countries to the slow lane. In each case, Paul Collier not only successfully reviews the existing literature, but also offers original insights drawn from his own research.Read more ›
Cheap sarcasm aside, four is better than one. The four factors Collier alludes to are conflict, resources, geography and governance. A fairly standard list, but he is more careful and nuanced than most in analysing what really matters in each case and the interactions between them. Briefly:
1. Conflict (both civil war and coups): while low income and growth and dependence on primary exports are good predictors, inequality and repression are not. Ethnic diversity can be a problem, but only in the particular case where there is a clear majority group but still significant minorities. Highly diverse countries are therefore as well off as homogenous ones. There is no special "Africa effect" once other factors are accounted for. In one study from Nigeria, fighters tend to be young, uneducated and with no dependents. Having a sense of grievance does not matter. Conflict areas tend to be those with few oil wells (rather than none or many), with no relationship with the level of government services in the region. Most ominously, there does appear to be a trap: once conflict happens once, it makes future conflict more likely.
2. Resources: The resource curse does operate, through the standard channels of Dutch disease, volatility, and kleptocracy. But it is dependent on bad governance. If a country has a working democracy with checks and balances before resource wealth is discovered, there is no problem.Read more ›
Most Recent Customer Reviews
A clear and concise book which talks about the idea of poverty traps, and specifically asks the question why African countries have failed to develop. Read morePublished 3 months ago by Imperial Topaz
I had to buy this book for class. I think that it is wonderfully written and definitely gives you insight into how undeveloped navigates and increasingly global and competitive... Read morePublished 5 months ago by Bree
The book was excellent. A must read for anyone interested in global inequality.Published 5 months ago by Dee Dee
This book is extremely logical but alas thought provoking. It goes against many of the current policies that "everyone" already knows that are not helping. Read morePublished 6 months ago by A. Helgesen
another good one if you have to have this for a college class this is exactly what my professor wanted us to have and it was much cheaper here than at the book storePublished 6 months ago by Mary
A good, informative book for anyone who wants to know more about the world we live in, why it is the way it is, why the problems exist that we face, and what does and does not work... Read morePublished 6 months ago by Ava Collopy Books
Good book to inspire us to do a lot more in the world for the really poor billion. More important than the trivial piddling around with the huge rich American economy.Published 7 months ago by billwest
I'm afraid it wasn't for me. Economics isn't my field and I lost interest.Published 8 months ago by AnninNY