Speakers Paul Collier: Economist

Paul Collier’s book The Bottom Billion shows what is happening to the poorest people in the world, and offers ideas for opening up opportunities to all.

Why you should listen to him:

Paul Collier studies the political and economic problems of the very poorest countries: 50 societies, many in sub-Saharan Africa, that are stagnating or in decline, and taking a billion people down with them. His book The Bottom Billion identifies the four traps that keep such countries mired in poverty, and outlines ways to help them escape, with a mix of direct aid and external support for internal change.

From 1998 to 2003, Collier was the director of the World Bank’s Development Research Group; he now directs the Centre for the Study of African Economies at Oxford, where he continues to advise policymakers.

"Collier sheds much light on how the world should tackle its biggest moral challenge. [He] shows, too, how far western governments and other external actors are from currently giving the sort of help these countries desperately need."
Martin Wolf, Financial Times

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Blog Posts on TED

  • African economies learn from mistakes: Paul Collier in discussion – June 3, 2008

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    Casson at the TEDPrize.org blog (get the RSS feed) points us toward this cover story in the May/June Boston Review: "Is It Africa's Turn?" Reacting to recent economic data from Africa -- showing some growth and progress across the continent -- economist Edward Miguel writes: "Economic growth rates are at historic highs and democratization appears finally to be taking root. The question emerges: Will Africa be the world’s next development miracle?" Nine other activists, economists, and political scientists offer commentary on Miguel's thesis. Economist Paul Collier (watch his 2008 TEDTalk) makes an elegant point -- that aside from the growth due to democratization and commodities booms, there's a deeper process going on in some African economies of learning from what doesn't work:

    There is a process at work that does not depend on democracy and is so simple that analysts generally miss it: learning from mistakes. Since 1970 African societies have accumulated a huge stock of experience in how not to manage an economy. For example, from the mid-1970s until the mid-1980s Tanzania adopted regulatory policies that proved to be ruinous. The knowledge they gained through failure is valuable. Tanzania is now one of the best-managed of all Africa’s economies.

    The full package of stories offers a rich set of perspectives on African economies. Read it online here >>

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  • TED2008: Days 3 and 4 in Quotes – March 2, 2008

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    Photos: Andrew Heavens

    “Imagine Martin Luther King saying, ‘I have a dream ... But I don’t know if the others will buy it.’” - Boston Philharmonic conductor Ben Zander, on the importance of persuasive leadership "Human progress depends on unreasonable people. Reasonable people accept the world as they meet it; unreasonable people persist in trying to change it. Well, I’m Bob and I’m an unreasonable person. And if TED is anything, it is the olympics of unreasonable people." - Musician and activist Bob Geldof (above) “Why are we ignoring the oceans? Why does NASA spend in one year what NOAA will spend in 1600 years? Why are we looking up? Why are we afraid of the ocean?” - Ocean explorer Robert Ballard "I think it's the dopamine." - Anthropologist Helen Fisher, explaining to Chris Anderson why she's still optimistic about love, despite understanding its chemical and biological basis "Relative to the universe, it's just up the road." - Physicist Brian Cox, after referring to Chicago as 'just up the road' from Monterey, CA “If you think half of America votes badly because they are stupid or religious, you are trapped in a matrix ... Take the red pill, learn some moral psychology and step outside the moral matrix.” - Jonathan Haidt, author of The Happiness Hypothesis “If you want the truth to stand clear before you, never be for or against. The struggle between 'for' and 'against' is the mind’s worst disease.” - Jonathan Haidt, quoting Sent-ts’an, from 700CE China "The job of the C is to make the B sad." - Boston Philharmonic conductor Ben Zander, deconstructing a piece by Chopin “How do we give credible hope to the billion poorest people in the world? It requires compassion to get ourselves started, and enlightened self-interest to get serious... If economic divergence continues, combined with global integration, it will build a nightmare for our children.” - Paul Collier, author of The Bottom Billion “In order to solve the climate crisis, we need to solve the democracy crisis.” - Al Gore, urging citizen involvement not only on a personal level, but also on a political level “How dare we be pessimistic? Maybe the future is better than it used to be.” - Peter Schwartz, co-founder of the Global Business Network “It's important to leave the security of who we are, and go to the place of who we are becoming. I encourage you to let yourself out of any prison you might find yourself in. Because we have to do something now. We have to change now.” - Environmental advocate John Francis (below), who went 17 years without speaking

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  • Vote for your favorite public intellectuals – May 1, 2008

    Not to be outdone by the Time 100, the journals Foreign Policy and Prospect have together released a list of the Top 100 public intellectuals -- with voting. Many TEDTalks favorites appear on the list, and you can help choose the eventual top 20 by voting for your very own top 5. From Foreign Policy's site:

    Although the men and women on this list are some of the world’s most sophisticated thinkers, the criteria to make the list could not be more simple. Candidates must be living and still active in public life. They must have shown distinction in their particular field as well as an ability to influence wider debate, often far beyond the borders of their own country.

    TEDTalks speakers on this top 100 list include George Ayittey, Steven Pinker, Neil Gershenfeld, Malcolm Gladwell, Craig Venter, Al Gore, Richard Dawkins, Vilayanur Ramachandran, Larry Lessig, Steven Levitt, E.O. Wilson, Dan Dennett and Bjorn Lomborg -- and look for upcoming TEDTalks from others on this list, including Paul Collier, who spoke at TED2008 about "the bottom billion."

    See the full list of 100 >>

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  • Paul Collier's appeal to the UN: Consider the Bottom Billion for more than one year – September 22, 2008

    The General Assembly of the United Nations convenes this week. In this session, they'll be reviewing the Millenium Development Goals set in 2000 -- and to underscore the UN's commitment, secretary-general Ban Ki-moon has declared that the “bottom billion” of the earth’s poorest people are the focus of development efforts for 2008. But economist Paul Collier (watch his TEDTalk) asks Ban and the rest of the UN to go a step further:

    ... to focus on the challenge of helping the bottom billion to converge with the rest of mankind -- on a more realistic timescale. We need not just a “Year of the Bottom Billion,” but several decades.

    How can richer, more developed nations help the bottom billion (and as Collier points out, it's now the bottom 1.4 billion)? The answer is not more aid, but more policy, he suggests:

    I am not hostile to aid. I think we should increase it, though given the looming recession in Europe and North America, I doubt we will. But other policies on governance, agriculture, security and trade could be used to potent effect.

    Read the New York Times Op-Ed piece by Paul Collier >> Watch Paul Collier's 2008 TEDTalk on 4 ways to help the "bottom billion":

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  • TED2008: How dare we be optimistic? – March 1, 2008

    (Unedited running notes from the TED2008 conference in Monterey, California. Session eleven.)

    Ben Kaufman, founder of Kluster, goes on stage to tell what he and his team have been doing -- with the help of TED attendees and 1200 people around the world -- since the beginning of the conference. Kluster is an online collaboration and decision-making platform. Klustergame They set out Wednesday morning to develop a product, with some basic guidelines but "we didn't know what it would be". They set up a studio in the conference's venue, and got 208 ideas submitted in 24 hours. Collaboratively, it was decided that it would be an education board game; the content for it was developed; a name chosen ("OverThere" -- the logo was submitted by a participant online); the rules set; a tagline developed; a full prototype developed (photo). 72 hours, 1200 participants, a board game "of social awareness" collectively invented, developed and prototyped: a pretty awesome piece of work.

    Johnny Lee does research on human-computer interaction at Carnegie Mellon University -- and explains it via videos on YouTube. He goes on stage for a short talk explaining how at the tip of the Nintendo Wii remote controller there is a rather sophisticated infrared camera, and Johnny shows how, by pointing it to a projection screen or LCD display, you can create a low-cost white board; because the camera can see multiple dots, it becomes a multitouch screen as well. The audience goes: "wow!", and indeed what Johnny does is really cool. See the demos on his site.

    Bottombillion Economist Paul Collier has written one of the most interesting books of last year, "The Bottom Billion", identifying the traps that keep many countries in poverty and outlining new ways to development through a mix of direct aid and investment. He is the director of the Center for the Study of the African Economies at Oxford.
    A billion people have been stuck living in economies that have been stopped for 40 years. So the question is: how can we give credible hope to that billion people. That's in my mind the fundamental challenge of development. Two forces that change the world for good: and enlightened of self-interest. Compassion because a billion people are living in societies that can't offer credible hope; enlightened of self-interest because of that economic divergence continues for another 40 years it will lead to disaster.
    What does it mean to get serious about providing hope for the bottom billion? A good guide is: what did we do last time the rich world got serious about developing another region of the wold? That goes back to the 1940s: the Marshall Plan and the reconstruction of Europe, financed by the rich US. It was not only compassion: it was also enlightened self-interest by America, because in Europe country after country was falling into the Soviet sphere of interest. What else did America do? Before the war the US had been very protectionist; after the war, total reversal of trade policy with the general agreement on tariffs and trade. Before the war, US had an isolationist security policy; after the war, posted troops in Europe. Before the war, the US treated national sovereignty so stringently that it didn't even want to join the League of Nation; after the war, position reversed.
    Aid, trade, security, and governance. That frontier is still there. We need to be at least as serious as we were there.
    Let's focus on governance. The opportunity we're going to look to is a genuine basis for optimism about the bottom billion: the commodity boom. It's pumping an unprecedented amount of money into many -- not all -- of the countries of the bottom billion. Partially because community prices are high, partly because there is a range of new discoveries and explorations. Between them, these new revenue flows dwarf aid. How is that gonna help development? What is the relationship between high commodity prices of exports and the growth of commodity-exporting countries. In the short time, the first 5-7 years, it's great. Everything goes up. But in the long run, it reverses -- "the resource curse". The critical issue is the level of governance. In fact, if you got good enough governance, there is no resource curse: you go up in the short term, and even more in the long run. Nigeria is worst off than if it never had oil. There is a threshold level of governance. Is the bottom billion above or below that threshold? Maybe we can be more optimistic
    Democracy makes even more of a mess of the resource boom that autocracies. There are two distinct aspects of democracy: electoral competition, that determines how you acquire power, and checks and balances which determines how you use it. What the countries at the bottom billion need is very strongly checks and balances. They have elections, but not c-and-b. We should have some international standards, which would be voluntary but would spell out the basic needs. We know these standards because we already have one: the international extraction revenues transparency. It requires that governments report to their populations the revenues of extraction.
    What would the content be of these international standards? How to take the resources out of the ground, how to sell the rights for resource extraction. Now, a company flies in, make a deal with a minister, that's great for the company and often for the minister, but rarely for the country. There is a piece of institutional technology that can work: verified auctions. Like the British Treasury sold wireless 3G licenses back in the early 2000 (the full story of that auction here - PDF). If we can create such standards, we can help the people in these societies.
    And yet, we've not got these rules. If you think about, the cost of promulgating international rules is very low. Why are they not there? Because until we have a critical mass of informed citizens in our own societies, politicians will get away with gestures -- things that look good but don't work. We have to go through the business of building an informed citizenry. That's why I wrote an economic book that you can read on a beach.

    Eric Kuhne, architect and planner from London, gives a short talk about a new city project in the Middle East, where symbolism and urban planning interact. Architecture has become a new diplomacy. We want to restore the storytelling qualities of cities. A city has been and always will be the greatest work of art.

    Singer-songwriter-producer-activist Nellie McKay is next, toying with antique genres yet producing music that's unequivocally contemporary.

    Three-minutes speech by Andy Hobsbawm is one of the founders of The Green Thing, a London-based online community that encourages people to behave more sustainably, one small step at a time, through information and fun. I've already blogged it here and here.

    Last year was quite a year for former US vice-president Al Gore. He was awarded the Nobel prize for Peace (together with the IPCC), won an Oscar for his documentary "An Inconvenient Truth", and saw the theme of climate change gain center stage in the political and social discussion. He has spoken previously at TED, in 2006 (watch the video).
    He has a new speech related to his last book, "The Assault On Reason", which will also be turned into a documentary.
    "I was reminded by Karen Armstrong's presentation that if religion is not really about belief but about behaviour, maybe we should say the same thing about optimism. Optimism is often represented as an intellectual posture -- Gandhi's "You must be the change you wish to see in the world". But when we change our behaviour in our daily lives, we sometimes leave out the democracy and citizen part. In order to solve the climate crisis, we have to solve the democracy crisis, and we have one. There is a bridge between the climate crisis and the crisis of extreme poverty in our world. We have to find a unified Earth theory. The struggles of climate change and extreme poverty and diseases are connected to the problems of overconsumption, wastefulness, economic transformation. We have to approach this as a unified challenge. Local, regional, global conflicts: each level requires a different allocation of resource, organizational model, etc. The climate crisis is the rare and strategic global conflict, we have to organize our response accordingly (BG: I partially disagree). What we do with the poorest countries matters to all of us. We have to act. Since that post-war economic boom, one aspect of the engine of economic growth was a pattern of consumption that morphed into overconsumption. The solution to the climate crisis requires that we replace that engine -- consumption without overconsumption. We need a worldwide movement. But the political will needs to be mobilized in order to mobilize the resources.
    Gore discusses (and shows convincing images about) the melting of the Arctic icecap and the thawing of permafrost in the North; peak fishing; emissions.
    Venus and the Earth have roughly the same size. On Earth, carbon is trapped. On Venus, it's in the atmosphere -- and temperatures reach 855 degrees F.
    Algore1 The majority of Americans now think that climate change is a problem, that warming is real. But there still isn't a sense of urgency. (He shows a video -- a frame at left -- with elephants falling from the sky, "every year the US emits CO2 for the equivalent weight of 1.2 billion elephants: It's time to stop ignore 1.2 billion elephants in the room").
    Solution: put a price on carbon. We need a CO2 tax, revenue-neutral, to replace taxation on emplomyent, which was invented by Bismarck and some things have changed since. In the poor world we have to integrate responses to poverty with solutions to the climate crisis. Responses can make a huge difference. Think of the "energy super grid" with solar energy produced in North Africa by solar and the energy sold to Europe (picture below). If you invest in tar sands, you have a subprime portfolio.

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    780 US cities are now supporting Kyoto.
    We heard a couple of days ago about the value of making individual heroism so commonplace that it becomes banal routine. What we need is another hero generation. Those of us who are alive in the US today, but also in the rest of the world, have to somehow understand that history has presented us with a choice. Just as Jill Taylor was figuring out how to save her life while she was distracted by the amazing stroke that she was witnessing.We now have a culture of distraction but we have a planetary emergency. We need to find a way to create a sense of generational mission.   We have the capacity to do it. I'm optimistic, because I do feel very deeply that the kind of moving spirit that is celebrated in so many of the sessions that we've all been moved by here is alive in all of us. I believe we have the capacity at moments of great challenge to set aside the causes of distraction and rise to the historic challenges. Sometimes I hear people respond to the disturbing facts of the climate crisis by saying "this is so terrible, what a burden". Let's reframe that: how many generations in all of human history have had the opportunity to rise to a challenge that is worthy of our best efforts, a challenge that can pull from us more that we knew we could to. We ought to approach this challenge with a sense of profound joy and gratitude that we are the generational about which 1000 years from now orchestras and poets and singers will celebrate by saying: they swere the ones that found within themselves to solve this crisis and lay the basis for a bright and optimistic human future. Let's do that.
    Chris Anderson asks Gore whether he is excited by Hillary Clinton and Barack Obama's environmental plans. Gore: We should feel grateful that both of them and John McCain, all three have a position on the climate challenge, have offered leadership and an approach very different from the current administration. But the campaign dialog -- often sponsored by the "clean coal" industry btw -- has not laid the basis for the kind of bold initiative that is really needed. They're saying the right things, and whoever of them is elected may do the right things. But when I came back from Kyoto in 1997 with a great feeling, and then confronted the US Senate and only a handful were willing to ratify that treaty: whatever the politicians say needs to be alongside what people say. The climate challenge is part of the fabric of our life. Changing the pattern is beyond anything we've done in the past. Change light bulbs, but change the politics too. I do believe that between now and November it is possible that the debate will get bolder. We can change things, actively. What's needed really is a higher level of consciousness, and it's hard to create, but it's coming. As the African say: if you want to go quickly go alone, if you want to go far go together. We have to go far quickly.

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  • 4 ways to improve the lives of the "bottom billion": Paul Collier on TED.com – May 30, 2008

    Around the world right now, one billion people are trapped in poverty by a simple piece of bad luck: being born in a poor country. What makes countries chronically poor? How can we help raise living standards for the "bottom billion" who live there? Economist Paul Collier lays out a bold, compassionate plan for closing the gap between rich and poor -- and makes a compelling case that we must. (Recorded February 2008 in Monterey, California. Duration: 16:55.)


    Watch Paul Collier's talk on TED.com, where you can download it, rate it, comment on it and find other talks and performances.

    Read more about Paul Collier on TED.com.

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