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... Position Paper Table of Contents On ‘The Bottom Billion’ 3 Works Cited 8 On ‘The Bottom Billion’ For a billion people living in 58 countries in thedeveloping world, mostly located in Central Asia and in Africa, the existing economic paradigms for world growth and development are failing. For most of the two decades leading up to the turn of the millennium, according to Collier, worldwide growth has failed to uplift their lives and improve their financial prospects, and in fact has led them down a slippery slope of economic decline and misery. This, in spite of the fact that for the greater majority, or about four billion people, and certainly for those living in most of the developed world, the...