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Global poverty, economist Collier points out, is actually falling quite rapidly for about 80% of the world. The real crisis lies in a group of about 50 failing states, the bottom billion, whose problems defy traditional approaches to alleviating poverty. Here, Collier contends that these fifty failed states pose the central challenge of the developing world in the twenty-first century. This group of small nations, largely unnoticed by the industrialized West, 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, and offers a bold new plan.--From publisher description.… (more)
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The book could have been really good. It's only 192 pages long, and Collier could easily have doubled the length and put in details of the work behind his discussion. Instead, it just felt like he wanted to throw off a quick book without too much work. If he was concerned about getting bogged down in details, he could easily have used a two-track system where the first half of each chapter is the published material and the second half of each chapter is the detail. Then readers not so interested in the details could just skip over the second track material.
Value to me has been to add complexity to an overly simplified discussion of Africa's many problems. The book is a set of views derived from economic data analysis aimed at teasing out causal arrows: does civil war cause poverty or does poverty cause civil war, eg. Causal conclusions and policy recommendations are thought-provoking, even if flawed. A great discussion opener.
Scathing criticism of aid organizations and old, jaded ways of framing Africa, a door opener to re-thinking a complex of situations with a more sophisticated complex of solutions.