Kategorien entdecken

Das sind die Blinks zu

The Bottom Billion

Why the Poorest Countries Are Failing and What Can Be Done About It

Von Paul Collier
15 Minuten
The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It von Paul Collier

The Bottom Billion (2007) focuses on the specific problems of the 50 poorest states in the world and the traps that keep them impoverished. These states are drastically behind even developing nations and are in serious need of help from wealthier nations if they are to ever achieve economic self-determination. Drawing on his original research, Collier points out the pitfalls of the conventional methods for dealing with this extreme poverty and offers unique policy recommendations that cater to the unique struggles faced by the world’s poorest nations.

  • Anyone interested in economics
  • Anyone interested in history
  • Anyone interested in social justice

Paul Collier, formerly Director of Development Research at the World Bank, is Professor of Economics and Director of the Centre for the Study of African Economies at Oxford Universities and author of Wars, Guns, and Votes: Democracy in Dangerous Places.

Kennst du schon Blinkist Premium?

Mit Blinkist Premium erhältst du Zugang zu dem Wichtigsten aus mehr als 3.000 Sachbuch-Bestsellern. Das Probeabo ist 100% kostenlos.

Premium kostenlos testen

Was ist Blinkist?

Blinkist ist eine App, die die großen Ideen der besten Sachbücher in einprägsame Kurztexte verpackt und erklärt. Die Inhalte der über 3.000 Titel starken Bibliothek reichen von Sachbuch-Klassikern, über populäre Ratgeber bis hin zu diskutierten Neuerscheinungen. Basierend auf wissenschaftlichen Erkenntnissen wird jeder Titel von speziell geschulten Autoren aufbereitet und dem Nutzer als Kurztext und Audiotitel zur Verfügung gestellt.

Discover
3.000+ top
nonfiction titles

Get unlimited access to the most important ideas in business, investing, marketing, psychology, politics, and more. Stay ahead of the curve with recommended reading lists curated by experts.

Entdecke die Kernaussagen zu diesem Titel:
Entdecke die Kernaussagen zu diesem Titel:
Entdecke die Kernaussagen zu diesem Titel:

The Bottom Billion

Why the Poorest Countries Are Failing and What Can Be Done About It

Von Paul Collier
  • Lesedauer: 15 Minuten
  • 10 Kernaussagen
Jetzt kostenloses Probeabo starten Jetzt lesen oder anhören
The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It von Paul Collier
Worum geht's

The Bottom Billion (2007) focuses on the specific problems of the 50 poorest states in the world and the traps that keep them impoverished. These states are drastically behind even developing nations and are in serious need of help from wealthier nations if they are to ever achieve economic self-determination. Drawing on his original research, Collier points out the pitfalls of the conventional methods for dealing with this extreme poverty and offers unique policy recommendations that cater to the unique struggles faced by the world’s poorest nations.

Kernaussage 1 von 10

For the world’s poorest countries, it is impossible to escape poverty without securing economic growth.

When watching the news, we are often met with shocking images of extreme desperation and poverty from the world’s poorest countries. We are also left wondering why they are so poor. Is it the result of conflict, corruption or lack of industry? 

While all these factors contribute to poverty, in reality the key ingredient to continual poverty is in fact poverty itself. The effects poverty has on a country, such as government corruption or poor infrastructure, make economic growth more difficult, and this lack of growth subsequently makes the country poorer. This vicious cycle is known as cyclical poverty, and economic stagnation is both its cause and effect.

War demonstrates this concept perfectly. Economic stagnation can imbue a population with desperation and hopelessness, both of which make it easier for the military or rebels to recruit, and thereby for megalomaniacs to wage war and squander resources. As an effect, war itself reduces economic growth by a factor of 2.3 percent per year, intensifying the economic stagnation that helped to fuel war in the first place.

So what measures can a country take to get itself out of cyclical poverty?

Essentially, it needs to find a way to achieve growth. Only through economic growth can the absolute poorest nations attack the roots of poverty itself: economic stagnation and the desperation that accompanies it.

But how can these nations spur economic growth? Firstly, they need to attract foreign money in the form of aid or imports. Secondly, this money needs to be directed not at the symptoms of poverty but at areas that accelerate economic growth, such as transportation infrastructure (roads and ports) or industrial development.

Mit Premium freischalten Jetzt lesen oder anhören

Inhalt

Mit Premium freischalten Jetzt lesen oder anhören

Bringe mehr Wissen in deinen Alltag!

Sichere dir jetzt Zugang zu den Kernaussagen der besten Sachbücher – praktisch in Text & Audio in nur 15 Minuten pro Titel.
Created with Sketch.