A number of months ago I blogged about the Land of Africa as a response to a BBC piece about the path to prosperity for African nations. Just to be clear, land in the broad economic sense means all of the natural world, those things not made by people i.e. natural resources. I recently came across the following interview with Paul Collier in which he eloquently identifies the key issue at the heart of combating poverty, be it in developing nations or those already developed for that matter. It’s a must share!
Paul Collier is Professor of Economics and Public Policy at the Blavatnik School of Government and Director for the Centre for the Study of African Economies at the University of Oxford.