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Home    Books    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 An...
The Bottom Billion: Why The Poorest Countries Are Failing And What Can Be Done About It
 
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Author : Paul Collier
Publisher : Oxford
ISBN# : 978-0-19-537339-7
Pages : 209
Price :INR 245
Offer Price:INR 218
 
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Book Description
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.
 
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