The bottom billion : why the poorest countries are failing and what can be done about it /

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by Collier, Paul.
[ 01. English Non Fiction ] Published by : Oxford University Press, (Oxford ; | New York :) Physical details: xiii, 209 p. ; 21 cm. Subject(s): Poor --Developing countries. | Poverty --Developing countries. Year : 2008 01. English Non Fiction Item type : 01. English Non Fiction
Location Call Number Status Date Due
Bluefield High School 338.9 COL Available

Includes bibliographical references (p. [197]-199) and index.

Falling behind and falling apart : the bottom billion -- The conflict trap -- The natural resource trap -- Landlocked with bad neighbors -- Bad governance in a small country -- On missing the boat : the marginalization of the bottom billion in the world economy -- Aid to the rescue? -- Military intervention -- Laws and charters -- Trade policy for reversing marginalization -- An agenda for action.

Global poverty, economist Collier points out, is actually falling quite rapidly for about 80% 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. Here, Collier contends that these fifty failed states pose the central challenge of the developing world in the twenty-first century. This group of small nations, largely unnoticed by the industrialized West, 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, and offers a bold new plan.--From publisher description.