Summary of The Bottom Billion

Looking for the video?
We have the summary! Get the key insights in just 5 minutes.

The Bottom Billion summary


8 Overall

10 Importance

8 Innovation

6 Style


Economist Paul Collier sheds light on a seemingly hopeless situation – the plight of the poor in developing countries. Collier’s lecture focuses on one simple solution – international standards regarding natural resource extraction and revenue management. getAbstract recommends his hopeful, enlightening oration to policy makers and aid workers.

In this summary, you will learn

  • How Western nations can help the world’s struggling “bottom billion,”
  • How “commodity booms” create opportunities for economic improvement, and
  • Why healthy governance and international standards are essential to long-term growth in developing nations.

About the Speaker

Economist Paul Collier is the director for the Center of African Studies at Oxford University.



Earth’s poorest economies have been stagnant for four decades. Their citizens – “the bottom billion” – are on a trajectory that diverges from the “rest of mankind.” How can rich societies encourage development in these nations? The answer lies in the

Comment on this summary

More on this topic

By the same author

Customers who read this summary also read

More by category