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

Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done about It - 07 edition

ISBN13: 978-0195373387

Cover of Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done about It 07 (ISBN 978-0195373387)
ISBN13: 978-0195373387
ISBN10: 0195373383
Cover type: Paperback
Edition/Copyright: 07
Publisher: Oxford University Press
Published: 2007
International: No

List price: $15.95

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Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done about It - 07 edition

ISBN13: 978-0195373387

Paul Collier

ISBN13: 978-0195373387
ISBN10: 0195373383
Cover type: Paperback
Edition/Copyright: 07
Publisher: Oxford University Press

Published: 2007
International: No
Summary

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 globalpoverty. In The Bottom Billion, he offers real hope for solving one of the great humanitarian crises facing the world today.

Table of Contents

Part I: What's the Issue? A Personal Preface 1. Falling Behind and Falling Apart: The Bottom Billion Part II: The Traps 2. The Conflict Trap 3. The Natural Resource Trap 4. Landlocked with Bad Neighbors 5. Bad Governance in a Small Country Part III: An Interlude: Globalization to the Rescue 6. On Missing the Boat: The Marginalization of the Bottom Billion in the World Economy Part IV: The Instruments 7. Aid to the Rescue? 8. Military Intervention 9. Laws and Charters 10. Trade Part V: The Struggle for the Bottom Billion 11. An Agenda for Action Postscript Research on Which This Book Is Based
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Bottom Billion -

ISBN13: 978-0195311457
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