The Bottom Billion

Global poverty is falling, but a minority of developing countries are stagnant and diverging from the rest of mankind, says Oxford University economist Paul Collier, which is a danger to global stability. He identifies four poverty traps and in this talk focuses on one of them—resource riches. (Carnegie Council Public Affairs Program)

• The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It (Audio)
• Property Rights and the Resource Curse (Innovations)
• Fragile Democracy in Resource-rich Nigeria (Briefings)