Collier's 'Bottom Billion' Theory

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11 Questions

What is a major obstacle to economic growth for countries like Afghanistan and Nepal?

Landlocked geography with underdeveloped neighbors

What is the common problem that worsens cycles of marginalization and poverty, especially in the global south?

Social inequality

What is the characteristic feature of the core nations, according to GDP per capita?

High income and significant power

What is the impact of poor governance on smaller countries?

It limits their ability to grow economically

What is the outcome of social differentiation, according to the passage?

Differences in access to opportunities and resources

What is the main focus of Paul Collier's 'bottom billion' theory?

Global inequality in relation to emerging countries

How does Collier define 'development traps' in the 'bottom billion' theory?

Constraints that hinder progress in multiple ways

According to Collier, how does poverty contribute to the conflict trap in developing countries?

Encourages conflict which, in turn, sustains poverty

Why do natural resource-rich nations often face the 'resource curse' according to Collier?

Unethical leaders exploit these resources for personal gain

How do conflicts and wars impact the development of countries, as discussed by Collier?

Divert essential funds from areas like healthcare and education

Which term is frequently used to describe Paul Collier's perspective on global development?

Neo-modernization

Learn about Paul Collier's 'bottom billion' theory that combines modernization and neoliberalism to provide a new perspective on global development. Explore how Collier addresses global inequality and the challenges faced by the 60 countries identified in his theory.

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