Slate Money

Money Talks: How to Save a Doomed Economy

Aug 20, 2024
Felix Salmon chats with Paul Collier, renowned author of The Bottom Billion, who specializes in the economics of neglected regions. They discuss how economic decline can be resisted through local empowerment and community initiatives, citing examples from Spain's Basque region and post-reunification Germany. Collier argues for tailored strategies that embrace local strengths rather than overarching national policies. The conversation highlights transformative leadership, historical lessons, and the possibilities for revitalizing struggling economies across the globe.
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