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.

Paul Collier: The "bottom billion"

The "bottom billion"

Verified auctions for resource extraction rights could catapult economic fairness, turning a ministerial handshake into public wealth.

Creating informed citizenry is critical; without it, politicians opt for gestures over substantial, transformational policies.

Harnessing billion-dollar commodity booms could transform economies of the poorest nations, if managed with robust governance.