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A copper mine in DRC. Commodity wealth needs to be saved and invested to smooth consumption and global shocks, says Collier (Olivier Polet/Corbis)
Low-income countries rich in natural resources have performed worse economically than might be expected, falling prey to conflict, corruption, or overdependence on that resource. Paul Collier, a leading academic in the field of development, believes countries can learn from the past to successfully ride "the commodity tiger."
Paul Collier, University of Oxford