Tuesday, 11 November 2014

U6 EC unit 4 Development Economics Conflict as a Poverty Trap


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Development Economists have identified many different poverty traps, such as having lots of gold, lots of cheap labour, having poor trading partners.

Conflict, be it a civil war or bigger, is also a reason why some countries develop slower than others.

Paul Collier has published work around the title "The Bottom Billion"  Search on youtube and there is a pdf of the entire book on the internet.

Today is the day we remember those who fell during our own wars.  Here is an article from the Economist in pdf format

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