By Paul Collier

ISBN-10: 0195373383

ISBN-13: 9780195373387

Within the universally acclaimed and award-winning The backside Billion, Paul Collier unearths that 50 failed states--home to the poorest one thousand million humans on Earth--pose the crucial problem of the constructing global within the twenty-first century. The booklet shines much-needed gentle in this crew of small international locations, principally overlooked by way of the industrialized West, which are losing more and more at the back of the vast majority of the world's humans, usually falling into an absolute decline in dwelling criteria. A fight rages inside each one of those countries among reformers and corrupt leaders--and the corrupt are profitable. Collier analyzes the reasons of failure, pointing to a collection of traps that ensnare those international locations, together with civil struggle, a dependence at the extraction and export of common assets, and undesirable governance. general strategies don't paintings, he writes; reduction is frequently useless, and globalization can really make concerns worse, using improvement to extra reliable international locations. What the ground billion desire, Collier argues, is a daring new plan supported through the crowd of 8 industrialized countries. If failed states are ever to be helped, the G8 should undertake preferential alternate rules, new legislation opposed to corruption, new overseas charters, or even behavior rigorously calibrated army interventions. Collier has spent a life-time operating to finish international poverty. In The backside Billion, he deals genuine desire for fixing one of many nice humanitarian crises dealing with the area today.

"Set to turn into a vintage. full of statistical nuggets and customary experience, his ebook will be obligatory reading."
--The Economist

"If Sachs turns out too saintly and Easterly too cynical, then Collier is the real previous Africa hand: he is aware the terrain and has a willing ear.... If you've ever came across your self on one aspect or the opposite of these arguments--and who hasn't?--then you just needs to learn this book."
--Niall Ferguson, The long island instances publication Review

"Rich in either research and recommendations.... learn this e-book. you'll examine a lot you don't know. it is going to additionally switch how you examine the tragedy of continual poverty in a global of plenty."
--Financial Times

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Extra resources for The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It

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In the article, Reich suggested that individuals’ increasing reliance on government benefits was creating risks of government control over individuals and should prompt Americans to develop new notions of property and property rights. He argued that individuals’ dependence on government-controlled benefits created greater opportunities for the government to control lives, coerce behavior, and curtail liberties. Under Reich’s analysis, government benefits such as welfare should be given the status of property and the legal weight of traditional forms of property.

The 1970s: Growing Concerns about Government Waste and Fraud The welfare rights movement and all of its players did produce some dramatic effects on the welfare system. The number of people receiving AFDC tripled between 1960 and 1974 (Patterson 1994, 171). The efforts of welfare rights activists contributed, both directly and indirectly, to this surge. It also became harder to live on welfare. S. economy slowed down in the 1970s, welfare benefits were devalued as a result of rapid inflation (Piven and Cloward [1971] 1993, 371-72).

At the same time, the welfare queen stereotype portrayed welfare recipients as uneducated, lazy, and irrational. A welfare queen was someone who did not, or perhaps would not, pursue the long-term well-being of her family. She was someone unmotivated to seek an education to improve her station, someone who refused to take the economic risk of becoming independent of the welfare system. Worst of all, she had children without regard for her inability to raise them in middle-class comfort. She neither participated in the paid labor market nor took on the caretaking responsibilities for a working husband.

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The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It by Paul Collier

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