Paul Collier is Deputy Director of the MBA Program. His background includes roles as CFO and General Manager of a listed manufacturing company and Head of Training for a police force. He joined Monash in 2006 after having spent 7 years at Aston Business School in the UK. At Monash Paul has been a Professor of Accounting, Deputy Head of the (then) Department of Accounting & Finance, and Associate Dean for research training. Paul has researched and published in governance, risk management, strategy, management control and performance measurement in both the private and public sectors and has been on the board of several not-for-profit organisations. Paul was appointed Deputy Director of the Monash Business School MBA program in 2017.
The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It pdf by Paul M. Collier
Global poverty, Paul Collier points out, is actually falling quite rapidly for about eighty percent of the world. The real crisis lies in a group of about 50 failing states, the bottom billion, whose problems defy traditional approaches to alleviating poverty. In The Bottom Billion, Collier contends that these fifty failed states pose the central challenge of the developing world in the twenty-first century. The book shines a much needed light on this group of small nations, largely unnoticed by the industrialized West, that are dropping further and further behind the majority of the world's people, often falling into an absolute decline in living standards. A struggle rages within each of these nation between reformers and corrupt leaders--and the corrupt are winning. Collier analyzes the causes of failure, pointing to a set of traps that snare these countries, including civil war, a dependence on the extraction and export of natural resources, and bad governance. Standard solutions do not work against these traps, he writes; aid is often ineffective, and globalization can actually make matters worse, driving development to more stable nations. What the bottom billion need, Collier argues, is a bold new plan supported by the Group of Eight industrialized nations. If failed states are ever to be helped, the G8 will have to adopt preferential trade policies, new laws against corruption, and new international charters, and even conduct carefully calibrated military interventions. As former director of research for the World Bank and current Director of the Center for the Study of African Economies at Oxford University, Paul Collier has spent a lifetime working to end global poverty. In The Bottom Billion, he offers real hope for solving one of the great humanitarian crises facing the world today.