June 27, 2008
Paul Collier, a professor of economics at Oxford University and the author of The Bottom Billion, discusses policy options for helping the poorest countries in Africa. He says "there are severe limits on what we as outsiders can do," but suggests the United States should work on developing a set of international guidelines for natural resource management. He goes on to outline five steps to put African nations on a path toward better internal management of resource wealth. He is deeply concerned about the current food crisis and advocates that the United States should eliminate biofuels subsidies and that the European Union should get rid of its ban on genetically modified crops.