![]() ![]() ![]() These four development traps clearly explain the plight of the bottom billion. ![]() According to the collier the issues faced by most of the developed nations are due to different factors which include Conflict trap, bad governance trap, natural resource trap, and land-lock trap. ![]() the average life expectancy in the bottom billion is 50 years which is very less as compared to the average of 67 years in developed countries. Collier argues that most of the development initiatives in today’s world are focusing on developing countries, but there is a need to focus all the efforts to bring the positive change in the lives of the bottom billion, e.g. Collier in his contribution The bottom billion has discussed the underdeveloped countries are facing different kinds of problems that are hindering economic development. Book Review Book Title: The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It Authored by Paul Collier Pages: 224 Price: $15.95 Publishers: Oxford University Press (United Kingdom) Year of Publication: 2007 Paul collier is an economist and former director of development research at the World Bank, who is analyzing the poverty level which is escalating in underdeveloped countries especially in the African Region where more than 50% of poor people are living. ![]()
0 Comments
Leave a Reply. |