And this is unconscionable.
Unconscionable because when a nation fails, human beings suffer and die needlessly. We are not turning our backs on errant governments, but instead on human suffering.
And so, Collier provides three possible solutions to the problem: protect the bottom billion nations from Asia, export diversification and revision of some aspects of wealthy nation trading policies.
- Protection From Asia: Collier firmly believes that some developing nations are stuck in a sort of limbo because they missed the boat on their opportunity to break into the world market. these nations are now in the position of being ready to move forward, but being prevented from doing so by wealthy nation trade policies and the dominance of the Asian countries, most notably, China. If these forward-looking countries are not able to compete with an industrialized population with an inexhaustible workforce, the likelihood that the bottom billion nations will be able to compete if they pull themselves from their traps and avoid other pitfalls, is slim to none. that is why it is necessary to create trade agreements that will allow for opportunities to tap into the global market. Collier suggest temporarily lifting tariffs against bottom billion nations that are levied against Asia. These should be palatable to Asian countries because the tariffs levied against them are time-limited; they will not be bound by them forever as the bottom billion would not be freed from them forever. Once tariffs against Asia fall, there will be little hope for the bottom billion to compete, so there is a sense of urgency to Collier's plan.
- Export Diversification: Increasing the price paid for coffee does not help diversification or improve technology, according to Collier. Instead, it merely reinforces the coffee growers need to produce that particular crop even though there may be better more beneficial crops to harvest. What bottom billion nations need to do is diversify and begin investing in technological advances that will aid growth and development.
- Revision of Trade Policy with Wealthy Nations: Agricultural subsidies hurt poor nations and are unnecessary for wealthy nations. This makes it more difficult for bottom billion countries (Haiti and rice) to diversity and thus spur growth, develop and end their reliance on international aid. Continuing to support unnecessary and hindering trade policies is irresponsible.
**Subsidies**
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