About the authors

Paul Collier
Sir Paul Collier is Director of the International Growth Centre (IGC). Paul is a Professor of Economics and Public Policy at the Blavatnik School of Government, University of Oxford; Director of the Centre for the Study of African Economies; a CEPR Research Fellow; and Professorial Fellow of St Antony’s College, Oxford. He was formerly the senior advisor to Tony Blair’s Commission on Africa, and was Director of the Development Research group at the World Bank for five years. He researches the causes and consequences of civil war; the effects of aid; and the problems of democracy in low-income and natural-resource-rich societies.

Caroline Laroche
Caroline Laroche is an Economist at the International Growth Centre (IGC). She holds an MPA in International Development from the London School of Economics and Political Science, during which she specialised in the management and governance of aid. Prior to taking up her position at the IGC, Caroline did consulting work for the FAO, started and managed a small NGO in Ecuador and contributed to research projects with the International Development Research Centre in Canada, Innovations for Poverty Action in Mali and the Centre for Microfinance Research in India.