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The World in 2030

The World in 2030

The World in 2030

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<strong>The</strong> <strong>World</strong> <strong>in</strong> <strong>2030</strong> 33<br />

But even as globalisation is start<strong>in</strong>g to lift about five billion<br />

people out of abject poverty there are approximately one<br />

billion people trapped <strong>in</strong> about fifty-eight nations which are<br />

experienc<strong>in</strong>g only m<strong>in</strong>ute growth, no growth at all, or actual<br />

economic shr<strong>in</strong>kage.<br />

<strong>The</strong> people <strong>in</strong> these ‘bottom states’ don’t have access to<br />

global markets (and even if they did get such access, they<br />

would have little to sell except natural resources).<br />

Most, but not all, of these countries are <strong>in</strong> sub-Saharan Africa<br />

and, typically, their societies have reached a stage of development<br />

that is the equivalent to where the societies of Europe were<br />

between the 8 th and 14 th century A.D. <strong>The</strong>se societies are so poor<br />

that the people are constantly fight<strong>in</strong>g amongst themselves for<br />

what little wealth they possess (as European societies used to<br />

do). <strong>The</strong>se societies suffer from plagues and fam<strong>in</strong>e, are largely<br />

illiterate, have only the most rudimentary healthcare and,<br />

because of chronic <strong>in</strong>stability, they attract no foreign <strong>in</strong>vestment<br />

capital. Indeed, what little domestic capital exists or is generated<br />

is almost immediately exported to overseas bank accounts <strong>in</strong> the<br />

rich countries for fear of the same political <strong>in</strong>stability. 60<br />

Massive amounts of western aid, both f<strong>in</strong>ancial and <strong>in</strong><br />

k<strong>in</strong>d, have been given to the countries which are home to<br />

the bottom billion – no less than $2.3 trillion, accord<strong>in</strong>g<br />

to William Easterly, 61 Professor of Economics at New York<br />

University – but it has made very little difference to the lives<br />

of ord<strong>in</strong>ary people <strong>in</strong> the bottom billion.<br />

<strong>The</strong> reason our aid has helped so little is that the problem<br />

is so great: many of the societies to which we gave our cash

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