The bottom billion collier

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It is perhaps a sign of how far sub-Saharan Africa still has to go that the most vigorous — and certainly the best publicized — debate about its economic future in recent years has been between two American economists based in New York. On one side of the argument is Jeffrey D. Having spent so much of his energies in the 1990s extolling the virtues of the free market to any Eastern European government that would listen, Sachs now argues — with equally unshakable conviction — that the elimination of African poverty can be achieved through state planning. All governments need do is improve agricultural technology, provide antimalaria bed nets, treat diseases like hookworm and distribute antiretroviral treatments to the H. Now comes another white man, ready to shoulder the burden of saving Africa: Paul Collier, the director of the Center for the Study of African Economies at Oxford University. It was he who exposed the British charity Christian Aid for commissioning dubious Marxist research on free trade.
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The Bottom Billion Free Summary by Paul Collier

In the summer of 2005, it all seemed so simple: tens of thousands of well-intentioned campaigners waggled their white wristbands at Live8 and Bono and Bob Geldof urged the world's richest countries to 'Make Poverty History' by pouring cash into Africa. But according to this powerful book, aid alone will never be enough. If the 'bottom billion', the world's poorest people, are to spring the traps that have kept their economies stagnant for decades, Western governments will have to offer much more than money. In some cases, Paul Collier argues, we may have to send in troops to support democratic regimes, as Britain did in Sierra Leone in 2000, to assist the fragile process of economic development. For people in the bottom billion, life is getting worse, not better.
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The Bottom Billion – Paul Collier – A Summary

For our sessions we use Prof. Paul Collier is no doubt one of the most qualified people globally to write on this issue, as a professor of economics and public policy at Oxford University with a lifetime of experience looking at development issues in Africa. I listened to this book using the Kindle Audible Narration and was transfixed from the start. The Bottom Billion presents a very clear framework for understanding and acting upon the problems facing the most severely poor countries. Collier describes four kinds of poverty trap: conflict, natural resources, landlocked and bad governance.
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Paul Collier of Oxford University talks about the ideas in his recent book, The Bottom Billion, an analysis of why the poorest countries in the world fail to grow. What has really been jumping out at me in reading about developing countries is how much bad government is to blame. I find it hard to believe that having natural resources is a negative. I do not believe that it is a great positive in most cases but not a negative.
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