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The Independent (Free subscription) | 8 hours ago
According to Paul Collier, a former director of development research at the World Bank, the world's poorest people – the bottom billion – are trapped. While most countries appear to be rising out of poverty there remains a group of nations for which change seems impossible. Concentrated in Africa and Central Asia, these nations have seen a decrease in living standards in recent years....
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InformedTrades (Free subscription) | 20/11/2008
Recent Posts. Facts about automakers · The wisdom of Gordon Tullock, part II · Investment in the Great Depression · The Obama transition: science...
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jfleck at inkstain (Free subscription) | 17/11/2008
Paul Collier, writing in the current Foreign Affairs, argues thus about climate change and food prices: In recent years, the increase in demand resulting from gradually increasing incomes in Asia has instead been matched with several supply shocks, such as the prolonged drought in Australia. These shocks will only become more common with the climatic volatility [...]
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Kruse Kronicle (Free subscription) | 17/11/2008
The New York Review of Books: Foreign Aid Goes Military!This is a book review of the Paul Collier's The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It by William Easterly, the author of...
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InformedTrades (Free subscription) | 16/11/2008
Self-recommending, as they say, and if I had my glasses nearby in this dark hotel room I could read it too. I thank Mark Thoma for the pointer. Go...
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Marginal Revolution (Free subscription) | 16/11/2008
Self-recommending, as they say, and if I had my glasses nearby in this dark hotel room I could read it too. I thank Mark Thoma for the pointer.
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Trade Diversion (Free subscription) | 15/11/2008
Thirteen months after reviewing Paul Collier's The Bottom Billion in the Lancet , Bill Easterly strikes again in the NY Review of Books . Once again, Easterly largely ignores Collier's analysis of trade, aid, and governance , focusing on his arguments for military/security interventions. This new column merely fleshes out the objections he raised previously. HT: Blattman
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Kruse Kronicle (Free subscription) | 21/11/2008
We’ve now taken a glance at the four poverty traps listed in Paul Collier’s The Bottom Billion. To summarize, Collier writes concerning the people of the bottom billion:“Seventy-three percent of them have been through civil war, 29percent of them are...
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PSD Blog - World Bank Group (Free subscription) | 20/11/2008
Well, sort of. Bill Easterly reviews Paul Collier's The Bottom Billion in the most recent New York Review of Books. As Easterly points out, Lenin argued that the capitalist powers would divide up the globe between them; Easterly himself comments on the increasingly intertwined ventures of foreign aid and military intervention. I'll just let the inimitable professor speak for himself:...
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Kruse Kronicle (Free subscription) | 20/11/2008
The fourth of Paul Collier’s poverty traps in The Bottom Billion is the Poor Governance in a Small Country Trap. Collier writes:“Excellent governance and economic policies can help the growth process, but there is a ceiling to feasible growth rates...
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SeekingAlpha.com (Free subscription) | 19/11/2008
Felix Salmon submits: Paul Collier has started giving investment advice. His big idea, as glossed this speech , is that poor resource-rich countries, such as a lot of African states, are largely immune from the global financial crisis since they were never really part of the global financial system to begin with. At the same time, he says , so long as commodity prices don't fall much...
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FelixSalmon.com (Free subscription) | 19/11/2008
Paul Collier has started giving investment advice. His big idea, as glossed this speech , is that poor resource-rich countries, such as a lot of African states, are largely immune from the global financial crisis since they were never really part of the global financial system to begin with. At the same time, he says , so long as commodity prices don't fall much further, they are still...
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Market Movers (Free subscription) | 19/11/2008
Paul Collier has started giving investment advice. His big idea, as glossed this speech , is that poor resource-rich countries, such as a lot of African states, are largely immune from the global financial crisis since they were never really part of the global financial system to begin with. At the same time, he says , so long as commodity prices don't fall much further, they are still...
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Clive Crook's blog (Free subscription) | 18/11/2008
Paul Collier’s well-received book, “The Bottom Billion“, advocated military intervention alongside economic aid to improve security and economic growth in some of the world’s poorest countries. Iraq notwithstanding, the idea has caught on in official development circles–rhetorically, at any rate. In this review essay, Bill Easterly is unimpressed. By the time his tanks have rolled [...]...
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Kruse Kronicle (Free subscription) | 18/11/2008
The third poverty trap in Paul Collier’s The Bottom Billion is the “Landlocked With Bad Neighbors Trap.”The overwhelming majority of the world’s population lives in nations with access to the oceans. Yet Collier reports that 38% of the bottom billion...
