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Business, Finance & Law      Economics

Left Behind: A New Economics for Neglected Places

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Book Details
Language
English
Publishers
Allen Lane; 1st edition (13 Jun. 2024)
Weight
0 KG
Publication Date
13/06/2024
ISBN-10
024127916X
Pages
304 pages
ISBN-13
9780241279168
Dimensions
16.2 x 3 x 24.2 cm
SKU
9780241279168
Author Name
Paul Collier (Author)
Paul Collier is Professor of Economics and Director of the Center for the Study of African Economies at Oxford University and a former director of Development Research at the World Bank. In addition to the award-winning The Bottom Billion, he is the author of Wars, Guns, and Votes: Democracy in Dangerous Places.Read more about this authorRead less about this author
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The world-renowned economist offers a ground-breaking new vision for inclusive prosperityLeft behind places can be found in prosperous countries―from South Yorkshire, integral to the industrial revolution and now England’s poorest county, to Barranquilla, once Colombia’s portal to the Caribbean and now struggling. More alarmingly, the poorest countries in the world are diverging further from the rest of humanity than they were at the start of this century.

Why have these places fallen behind? And what can we do about it? World-renowned development economist Paul Collier has spent his life working in neglected communities. In this book he offers his candid diagnosis of why some regions and countries are failing, and a new vision for how they can catch up.

Collier lays the blame for widening inequality on stale economic orthodoxies that prioritize market forces to revive left behind regions, and on the arrogant, hands-off and one-size fits all approach of centralized bureaucracies like the UK Treasury. As a result, Collier argues, the UK has become the most unequal and unfair society in the western world.

Yet the core message of Left Behind is hopeful: bringing together encouraging case studies of recovery from around the world, Collier shows how renewal is achievable through a combination of collective learning, moral leadership and local agency. With keen insight, he draws lessons from such seemingly disparate fields as behavioural psychology, evolutionary biology and moral philosophy to share a bold, galvanizing vision for a more inclusive, prosperous world.

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