The Bottom Billion
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What’s it about?
Why are a billion people trapped in poverty while the rest of the world prospers? Paul Collier reveals the four unique traps—conflict, natural resources, landlocked geography, and bad governance—that keep the bottom billion stuck, and what it will take to break them free.
You’ll learn
- The four poverty traps that ensnare the bottom billion
- Why natural resources can be a curse, not a blessing
- How geography and bad neighbors cripple landlocked nations
- Why standard aid and trade policies often fail