Name: The "bottom billion"
Uploaded: 2008-05-28T15:00:00Z
Duration: 16 min 35 s
Description: Around the world right now, one billion people are trapped in poor or failing countries. How can we help them? Economist Paul Collier lays out a bold, compassionate plan for closing the gap between rich and poor.

Around the world right now, one billion people are trapped in poor or failing countries. How can we help them? Economist Paul Collier lays out a bold, compassionate plan for closing the gap between rich and poor.

The "bottom billion"

One billion people remain trapped in failing economies, facing decades of stagnation despite unprecedented resource booms. Massive inflows, like Angola's $50 billion annual oil revenue, dwarf foreign aid yet often fail to spark lasting progress. The difference between transformation and disappointment comes down to governance and the presence of strong checks and balances. Building international standards and an informed global citizenry can help reformers seize this rare window for real change.

Hope For The Poorest Billion Lies In Smarter Global Action

Africa

activism

business

economics

global issues

politics

poverty

international development

equality

TED Stage Talk

Paul Collier: The "bottom billion"