Problem Statement:
Does poverty in developing countries hinder development and expansion of democratic processes?
Literature review:
Colier (2008) in his article The bottom billion: Why the poorest countries are failing and what can be done about it questioned the role and reasons as to why poor countries in Africa are failing in not only implementation of democracy, but also improving their economies. The article tries to answer the reasons why with Globalization there has been observed increase in poverty especially for certain and specific countries in Africa. Colier presents these countries as immune to Globalization effects. The book addresses ...