Tag Archives: paul collier

Why Do Some Countries Have It So Bad?

Open a newspaper today and you’ll be bombarded with a panoply of terrible news. Ebola is ravaging West Africa, with a projected 10,000 new cases per week and the possibility for 1.4 million people infected in Sierra Leone and Liberia … Continue reading

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Do Elections Improve Economic Policy? Democracy in Burma

Today, the people of Myanmar for the first time in twenty years will elect a new government. ¬†Actually, they will simply participate in a rigged election process that will legitimize the repressive military regime that has controlled the country by … Continue reading

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Zimbabwe’s Diamonds and the Natural Resource Trap

In my last post, I discussed why access to abundant natural resources is actually counterproductive to the development of poor countries.¬† The idea comes from Paul Collier, a development economist who penned the book The Bottom Billion, a summary of … Continue reading

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Oil Drilling in the Niger Delta

In a little-known story from the southeastern United States, a large oil rig recently exploded in the Gulf of Mexico, releasing a nominal amount of mildly polluting oil into ocean, killing a few birds and galvanizing retirees in Florida – … Continue reading

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