We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

The Bottom Billion - Essay Example

Comments (0)
Summary
The Bottom Billion
The people who are described in bottom billion are those whose lives are getting worse with every passing day. Globalization in the 1990s had lifted poverty out of millions in India and China but the income of these people had actually fallen by 5 per cent. …
Download full paper
GRAB THE BEST PAPER
The Bottom Billion
Read TextPreview

Extract of sample
The Bottom Billion

Download file to see previous pages... Collier writes that ‘the countries at the bottom coexist with the 21st century, but their reality is the 14th century: civil war, plague, ignorance’. Collier has studied for decades about the countries, their struggles and their efforts to escape poverty. He wrote the book with a compilation of a lifetime’s findings and technical research. The book focuses on the billions of people who are facing problems because of the never ending poverty (Quinn 1).
In this book, Collier has based his research on the hard-headed analysis of the cost-benefits rather than emotional aspects or post colonial guilt. He has talked with facts and the calculations for instance the cost of the badly governed diminishing state and its neighbours is the loss of the economic growth of about $100bn. In this situation, it seems like a bargain to spend a few million dollars on skilled administrators for government support, infrastructure projects and sending troops to put down rebellions.
Collier’s findings have overturned the persistent myths about the failure that Africa is facing for decades. He finds that the history of failure and civil wars is not because of the poor politicians or restless populace, but because of poverty. So he states that all countries that are poor and low income face about 14 per cent chances of entering in a civil war during a five year period. Collier writes that the young men who are recruited by the rebel armies are cheap in an environment of immense poverty. Hence, joining the rebel movements give these young men a minor chance of riches (Collier 57). The four poverty traps described in the book includes conflict as the first. Conflict is a trap which cannot be escaped without the help of global aid and support. Other three traps are landlocked with bad or poor neighbours, natural resources abundant and bad governance. Example is that of Switzerland which is landlocked but its neighbours Germany and Italy have giant markets and they are able to sell their goods to rich consumers, whereas Uganda is landlocked but it has neighbours such as Sudan and Somalia that are failed states. Abundant natural resources mean economic boon but in poor countries, these resources mean encouragement for corrupt politicians to snatch power and make economies vulnerable whether it is the oil discovery, copper or diamonds (Saucier 2). Bad governance is a trap which can be seen in Africa and because of which Africa has become disreputable. Countries that are not landlocked and are on the coast can be lucky with the large workforce and for them governance wouldn’t matter much. If the state doesn’t come in the way, growth from exports can take off. However, for countries that are landlocked, the economy is dependent on air-flows or on the revenues from natural resources hence governance is critical. In such countries if bad governance is present, the country can continue to fail. Collier has given the example of Chad where the cash that has to be spent on government healthcare sector, is disappeared even before it reaches the hospitals. This book overall addresses the poorest billion people in the world, most of who are in Africa. Collier has analyzed about 58 countries in this world that harbour the poorest people. The four traps are what cause the poverty to increase and the nations to fail. These traps cause the divergence of these countries from the rest of the world. These countries are failing since ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
IELD LAW
In his book titled Why Nations Fail: The Origins of Power, Prosperity and Poverty, he says that for this inequality to be managed and reduced there must be renewed efforts directed towards the creation of new and functioning policies (68). Acemoglu continues to argue that our main focus should not be getting underdeveloped countries to do things right, but rather getting them to stop doing the wrong things in terms of policy-making and the creation of new and stable institutions.
4 Pages(1000 words)Essay
Position paper
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.
5 Pages(1250 words)Essay
Bottom of the Pyramid
2 Pages(500 words)Research Paper
America as Bottom Up Country
The United States was born as a result of a bottom-up revolution against the top-down strictures of colonial rule. Americans have always prided themselves on their freedoms, and the suggestion is often made that the development of the Internet provides yet more opportunities for free expression.
5 Pages(1250 words)Essay
International Relations Theory Book Review on The Bottom Billion by paul collier and the united states of europe by T.R. Reid
The poor are poor as they are subjugated by the rich. That is what Collier once consideration, along with lots of others for whom the answer was rebellion of one kind or another against entrepreneur domination. "For rebellion, the image is frequently that of Che Guevara, everywhere in my cohort as a poster on scholar walls.
5 Pages(1250 words)Essay
Political Science Analytical Book Review
These processes are connected with globalization and integration, different levels of economic development and inadequate social and economic policies introduced by these states. These states are a real challenge for the world threatening its future growth and development.
3 Pages(750 words)Essay
The Bottom of the Pyramid
In this book Prahalad summarizes a plan on how, economic development and social transformation can be attained through collaboration of work between the private enterprises, governmental and non-governmental organizations and the fourth and the forgotten tier comprising the
7 Pages(1750 words)Essay
Write an editorial-style article on the role of economic strength in natural disasters
Clearly, history shows us that this is not always the case. Fagan (1) shows how drought and other disasters created by a naturally fluctuating climate caused
2 Pages(500 words)Essay
GBST300
Spiky world implies that people live in a world where discrimination or bias is the order of the day. The IMF is a firm or organization of more than 180 countries working together to attain a world monetary cooperation. World Bank is a global source
1 Pages(250 words)Essay
Feeding 9 Billion
een adversely affecting the climate as well as weather conditions owing to increased emission of greenhouse gases which entail water vapor, methane and carbon dioxide. The greenhouse gases allow sunrays to penetrate the earth surface easily, which seems to increase the earth
6 Pages(1500 words)Essay
Let us find you another Essay on topic The Bottom Billion for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us