The “Bottom Billion” was a particularly interesting essay…

The “Bottom Billion” was a particularly interesting essay. I always new there was a distinction between poverty in an industrialized nation and poverty in the rest of the world. However the characterization used in this essay was what was truly fascinating. The difference between relative and absolute poverty was really interesting. I am tempted to buy and read the book after reading this. I found the section about the different traps that a country can fall into to receive reciprocal debt and instability to be very eyeopening.