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Left behind places can be found in prosperous countries – from South Yorkshire, integral to the industrial revolution and now England’s poorest county, to Barranquilla, once Colombia’s portal to the Caribbean and now struggling. More alarmingly, the poorest countries in the world are diverging further from the rest of humanity than they were at the start of this century. Why have these places fallen behind? And what can we do about it?
World-renowned development economist Paul Collier has spent his life working in neglected communities and lays the blame for widening inequality on stale economic orthodoxies that prioritise market forces to revive left-behind regions, and on what he sees as the hands-off and one-size-fits-all approach of centralised bureaucracies like the UK Treasury. As a result, he argues that the UK has become the most unequal and unfair society in the western world.
The Policy Institute and the Fairness Foundation hosted the launch of *Left Behind: A New Economics for Neglected Places,* Collier’s new book in which he sets out why some regions and countries are failing, and a new vision for how they can catch up. The event was part of our Fair Society series, in partnership with the Policy Institute at King’s College London.
Speakers:
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