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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
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Manufacturer: Oxford University Press, USA
Written By: Paul Collier

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Binding: Paperback
Dewey Decimal Number: 338.90091724
EAN: 9780195373387
ISBN: 0195373383
Label: Oxford University Press, USA
Manufacturer: Oxford University Press, USA
Number Of Items: 1
Number Of Pages: 224
Publication Date: 2008-08-22
Publisher: Oxford University Press, USA
Studio: Oxford University Press, USA

Editorial Reviews for 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 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 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, 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 humanitarian crises facing the world today.
"Terrifically readable."
--Time.com
"Set to become a classic. Crammed with statistical nuggets and common sense, his book should be compulsory reading."
--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.... 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


Consumer reviews:

Customer Rating: Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5
Summary: thoughtful quick read
Comment: surpasses older books on the subject; a fluid easy read yet not superficial; combines a compassionate belief that we ought to help those in extreme poverty with a critical analysis of the failings of current development aid.

Customer Rating: Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5
Summary: Full of hope
Comment: This book gives great insight on how complex nations really are and that there is a soulution for every problem. Terrific reading.

Customer Rating: Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5
Summary: Development economics that we can all understand
Comment: This book summarizes a career's worth of research in a format that both explains issues and makes suggestions in a way that does not require economics jargon translation. It is the best work I've seen that describes the effect of individual and combined local and world factors on the plight of the 'bottom Billion" mainly in land locked African nations. Without assigning blame Collier recounts the history, economic, geographic, social and leadership factors that trap these nations and make those of us committed to helping them so perplexed about why aid has not worked. He offers suggestions for growth that leave some room for optimism. What raises the work above well written editorial to convincing evidence is that Colliers's writings and suggestions are based upon consolidation of research results (that he briefly cites at the end of the work) over a long period covering the measured influence of many factors . Besides the pithy and well drawn content the writing is clear , straightforward and entertaining making it enjoyable to read.

Customer Rating: Average rating of 4/5Average rating of 4/5Average rating of 4/5Average rating of 4/5Average rating of 4/5
Summary: Thought Provoking
Comment: I really enjoyed this book. Paul Collier has taken what is a very complex issue and presented it in a concise view of the situation of the "Bottom Billion" which many of us do not really understand. Collier and his colleagues have done an enormous amount of research and analysis and have distilled that into a compelling read for anyone who worries about what's happening to our world.

To me, the book shed light on the difficulty faced by the "Bottom Billion" and how, with the best of intentions, Aid organisations, the World Bank, IMF, European Union, USA, regional bodies etc can still not achieve an improvement in the lives of these people. Coordination is the key, and that is far easier said than done - and I am just wondering how the author is working to get this "Bottom Billion" discussion tabled. It would be great to follow any progress made - and I hope, for the sake of a billion lives, there is progress.

Customer Rating: Average rating of 3/5Average rating of 3/5Average rating of 3/5Average rating of 3/5Average rating of 3/5
Summary: Poorest billion
Comment: What do we do with them?

Prof. Collier of Oxford University, has done years of research, publishing, conferences, on this topic. Yet, one-size- fit-all solution never came up.

With civil war, ethnic conflict, fighting for natural resources, bad governance, bad neighbors, military power, aids from G8, law, trade policy issues, one would think that the solution is not possible.

What is needed is to have a strong and capable leadership at the top. With a strong leader, the country can change.

We need to focus on a group of countries at a time. G8 countries are drilling oil, gas, and minerals in Africa now. China recently sent 500,000 to Africa to build highway, bridges, telephone systems, etc.
It is possible to accomplish.

But this book does not include any of the African success stories.
Everyone knows the problem. But the solution is the most important for the bottom billions.



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