Book Tip No. 5 (2015): The Bottom Billion: Why the poorest countries fail and what can be done about it
New York 2007.
In recent years there have been tremendous advances in terms of prosperity and well-being of humanity. Unfortunately, this does not apply at all to those who need it most, namely the so-called bottom billion, i.e. the people on this planet with the lowest incomes and the worst living conditions.
Collier analyzes the conditions under which the bottom billion can succeed in initiating a positive development process and escaping the typical pitfalls they can easily fall into. One thing is certain: Western development aid, as it has been practiced for decades, has achieved extremely little. It should be completely realigned. Collier provides clues as to how this can happen.
