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The Bottom Billion by Paul Collier — WisdomDeck honest review
Honest review · Money

The Bottom Billion

by Paul Collier

Why the poorest countries stay poor: conflict, natural resources, landlocked with bad neighbors, bad governance, and what might help. Compact and influential.

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Read it if…

you want development economics focused on the hardest cases.

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Skip it if…

you want Sachs's optimism or Easterly's skepticism.

Try instead: The White Man's Burden →

Three things you will actually use

  1. Four traps explain stagnation.
  2. Aid alone is not enough.
  3. Targeted interventions.

Do this first

Read the four traps.

Our verdict

Collier's traps.

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