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‘The Bottom Billion’: A Critique and Alternative View

Charles Gore
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Charles Gore: UNCTAD

Chapter 11 in Commodities, Governance and Economic Development under Globalization, 2010, pp 269-300 from Palgrave Macmillan

Abstract: Abstract In his book; The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It?, Paul Collier argues that the core development challenge of the new millennium is the failure of the growth process in the poorest countries in the world. These countries are falling behind, and often falling apart’ (Collier 2007: 3), and ‘if nothing is done about it’, he writes, ‘this group will gradually diverge from the rest of the world economy over the next couple of decades, forming a ghetto of misery and discontent’ (ibid.: xi). He identifies 58 countries in the group, including most countries in sub-Saharan Africa, as well as Bolivia, Cambodia, Haiti, Laos, Myanmar and Yemen, and much of landlocked Central Asia. The population of the group together numbers almost one billion. His book is concerned with why the growth process is failing in these bottom billion countries (BBCs) and what can be done about it, particularly by G8 countries.

Keywords: Poor Country; Trade Liberalization; Commodity Price; Poverty Trap; Convergence Club (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-27402-0_11

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DOI: 10.1057/9780230274020_11

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