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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 (Hardcover)

by Paul Collier (Author)
4.6 out of 5 stars See all reviews (31 customer reviews)
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Price For All Three: £27.17

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Product Description

Tim Harford, Financial Times columnist and author of The Undercover Economist
This is an arresting, provocative book. If you care about the fate of the poorest people in the world, and want to understand what can be done to help them, read it. If you don't care, read it anyway.

Review
A must-read for anyone who has tired of the emotionalism of the Geldof-Bono aid brigade. (Michela Wrong, New Statesman Books of the Year )

An important book. (Max Hastings, The Guardian )

Important and provocative. (Sunday Times )

Important new book... compelling. (New Statesman d )

Set to become a classic... 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. (The Economist )

Collier's is a better book than either Sachs's or Easterley's for two reasons. First, its analysis of the causes of poverty is more convincing. Second, its remedies are more plausible. (Niall Ferguson, International Herald Tribune )

This extraordinarily important book should be read by everyone who cares about Africa, but who recoils from the egotism and self-indulgence of Comic Relief and Live Aid. (Max Hastings, Sunday Times Review )

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 )

Powerful...This important book wants citizens of G8 countries to fight for change. (Heather Stewart, Economics Editor, The Observer )

This is an arresting, provocative book. If you care about the fate of the poorest people in the world, and want to understand what can be done to help them, read it. If you don't care, read it anyway. (Tim Harford, Financial Times columnist and author of The Undercover Economist )

A splendid book... 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. (Martin Wolf, Financial Times )

[a] significant contribution... a good and helpful book. Collier uses his basic insight to challenge the conventional wisdom of both Left and Right. (Edward Hadas, TLS )

A path-breaking work providing penetrating insights into the largely unexplored borderland between economics and politics. (George Soros )

Paul Collier brilliantly anatomises the true causes of Africa's post-colonial failure. (Niall Fergusson, Sunday Telegraph )

Paul Collier's book is of great importance. He has shown clearly what is happening to the poorest billion in the world, why it is happening and what can be done to open up greater opportunities for them in a world of increasing wealth. His ideas should be at the centre of the policy debate. (Sir Nicholas Stern, Head of the UK Government Economic Service )

A good and helpful book. Collier uses his basic insight - that the poor are in a very different situation from the rest of the world - to challenge the conventional wisdom of both the Left and the Right. (Edward Hadas, TLS )

A powerful book. (New Zealand Herald )

See all Product Description

Inside This Book (Learn More)
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Front Cover | Copyright | Table of Contents | Excerpt | Index
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Customer Reviews

31 Reviews
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4 star:
 (10)
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2 star:
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Average Customer Review
4.6 out of 5 stars (31 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
12 of 12 people found the following review helpful:
5.0 out of 5 stars This book is worth buying, reading and acting on, 24 Nov 2007
By T. Leunig "Dr Tim Leunig" (London, UK) - See all my reviews
(REAL NAME)   
This is a first rate book that deserves to be read widely. It is aimed at the intelligent general reader, rather than at the economist or the development wonk. That said, most of them would enjoy reading it too, and would gain a lot from doing so. It is based on many years of top-quality research.

The book sets out the "4 traps" that can and do consign a country to poverty: conflict, natural resources (such as oil and diamonds), being landlocked with bad neighbours, and suffering bad governance. It also sets out the possibilities: looking at how countries like China, India, Vietnam etc have developed remarkably well in recent years. It then goes on to look at the sorts of policies that can be used to get the bottom billion on track to follow the path set out by the emerging economies. Those policies are (as expected) aid and trade, but Collier also sets out a role for transparency and even military intervention. Not to depose bad regimes, but to prevent (and occasionally reverse) coups, in the Sierra Leone model. A friend in the Aid-Biz told me once that that intervention was so successful that the people of SL would happily have voted to make Tony Blair their constitutional monarch. The book also explains the different strengths and weaknesses of each approach in different circumstances.

The prize for getting policies towards the bottom billion correct is immense: it would mean that, within my lifetime malnutrition would be abolished. No child would go to bed hungry. We have seen how fast change can happen - in Japan early this century, in Korea after the war, and, as mentioned, in any number of East and South Asian countries today.

We can do this, and Collier sets out much more convincingly than Sachs, Easterly or most aid agencies, how to do this. As citizens we need to press our leaders to advocate the policies in this book. If we do that, then, together we can make a dramatic difference.

(The author is an economist, teaching economic history at the London School of Economics)
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44 of 48 people found the following review helpful:
4.0 out of 5 stars Thought-Provoking Analysis and Solutions for a Better World, 28 Sep 2007

Despite well-publicised significant improvements in the average condition of several billion people in our world, there remain some one billion seriously poor people, and their condition is unlikely to improve. They are trapped, by conflicts, by possessing natural resources (sic), by being landlocked with bad neighbours, and/or by bad governance. Additionally, globalization is not going to help those caught in the trap. Do we have a responsibility to help? Yes, says Oxford professor of economics and African studies expert, Paul Collier, we do because we are citizens, and that status demands that we help our fellow human beings.

We are a book group of retired men, with experience in a wide range of disciplines and countries, who have read and discussed "The Bottom Billion". Without exception, we all found Collier's identification of this group of non-developing nations, and the problems they face, highly thought-provoking. We were particularly impressed by his use of researchers from different countries and disciplines, and the quantitative techniques used, to analyse the causes of those countries' problems, the impacts on them, and for identifying potential solutions. The power of these analyses was such that many of our preconceived views were changed and we were left wondering what, if anything, we could do as individuals to help the people of these countries escape from their terrible plight.

The Bottom Billion is very principled treatise that takes a close look at one of the biggest running sores in our world, and offers some solutions where many people may have said, sorrowfully, that no cure exists at all.
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5 of 5 people found the following review helpful:
5.0 out of 5 stars A joy to read, 2 Jan 2008
This is a thought-provoking book: the problems of the poorest countries are deeply and cogently analysed and explained, and appropriate policies proposed. It has the added virtue of being written in simple and refreshingly straight-forward language. There is much that is absolutely original here.

The one comment I have is that Collier bases some of his policy prescriptions on the assumption that the only way to develop is through export, which seems to suggest export-led growth and large projects. There is nothing about micro projects and the need to work with the poor to alleviate poverty through the provision of appropriate/intermediate technology.

I e-mailed him about this and received a rapid and courteous reply saying that he did not have space in the book to cover everything and that he agreed that exporting only makes sense as a growth strategy for some countries and that he has no fault to find with the micro approach.

He also suggested I might write this review; so I did.

PS I also thoroughly recommend the lecture on his website.

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Most Recent Customer Reviews

4.0 out of 5 stars Essential reading for anyone with an interest in development
The idea behind Collier's book 'The Bottom Billion' is to use statistical analysis to bring light upon which remedies work well in developing countries, depending upon the problem... Read more
Published 11 days ago by K. Shanahan

4.0 out of 5 stars Simultaneously depressing and uplifting
This is a very thoughtful and accessible book looking at the hard reality of why the poorest countries cannot seem to pull out of their downward spin and join the developing world... Read more
Published 17 days ago by James Powell

4.0 out of 5 stars Good for the informed and layman alike
I had wondered for some time why millions of people across the world are living in absolute poverty but had never looked into it properly. Read more
Published 1 month ago by Mr. S. A. Blake

5.0 out of 5 stars Detailed and insightful
This book shatters the pervasive and simplistic view that corruption is the ONLY reasons why countries are poor. Read more
Published 1 month ago by Emeka O

5.0 out of 5 stars Eye opening
A book that outlines why the poorest billion people in the world are in such a situation. The book attempts to explain why they are trappedin such a situation and what the... Read more
Published 2 months ago by N. Gibbs

5.0 out of 5 stars Rightly famous - countries listed in the sequel
This book is famous and rightly so. It is outstanding for its rigorous academic analysis and for the way it draws its conclusions. Read more
Published 2 months ago by kernel32

5.0 out of 5 stars a very good book
The book is very informative. The reasoning is rigorous. The arguments are sophisticated. It doesn't have the "blame everything on the US" polemics that we see so frequently these... Read more
Published 3 months ago by Yu Liu

5.0 out of 5 stars A must-read for scholars and practitioners of economic development
Collier analyzes the key reasons for the lack of development of 58 countries he classified as being at the bottom of the pyramid. Read more
Published 3 months ago by Emc2

5.0 out of 5 stars The Bottom Billion book review (by Paul Collier)
The most important book regarding the issues of corruption and political instability in Africa, issues ignored by goverment powers worldwide over the past forty years... Read more
Published 3 months ago by E. Chung

4.0 out of 5 stars Book Review
This is a concise book that covers a lot of ground expounding Paul Colliers research and proposition for more effective development among the poorest nations on earth. Read more
Published 4 months ago by JB

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