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The End of Poverty: Economic Possibilities for Our Time
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Binding: Paperback
Dewey Decimal Number: 339.46091724
EAN: 9780143036586
ISBN: 0143036580
Label: Penguin (Non-Classics)
Manufacturer: Penguin (Non-Classics)
Number Of Items: 1
Number Of Pages: 416
Publication Date: February 28, 2006
Publisher: Penguin (Non-Classics)
Studio: Penguin (Non-Classics)
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Editorial Review:
Celebrated economist Jeffrey Sachs has a plan to eliminate extreme poverty around the world by 2025. If you think that is too ambitious or wildly unrealistic, you need to read this book. His focus is on the one billion poorest individuals around the world who are caught in a poverty trap of disease, physical isolation, environmental stress, political instability, and lack of access to capital, technology, medicine, and education. The goal is to help these people reach the first rung on the "ladder of economic development" so they can rise above mere subsistence level and achieve some control over their economic futures and their lives. To do this, Sachs proposes nine specific steps, which he explains in great detail in The End of Poverty. Though his plan certainly requires the help of rich nations, the financial assistance Sachs calls for is surprisingly modest--more than is now provided, but within the bounds of what has been promised in the past. For the U.S., for instance, it would mean raising foreign aid from just 0.14 percent of GNP to 0.7 percent. Sachs does not view such help as a handout but rather an investment in global economic growth that will add to the security of all nations. In presenting his argument, he offers a comprehensive education on global economics, including why globalization should be embraced rather than fought, why international institutions such as the United Nations, International Monetary Fund, and World Bank need to play a strong role in this effort, and the reasons why extreme poverty exists in the midst of great wealth. He also shatters some persistent myths about poor people and shows how developing nations can do more to help themselves.
Despite some crushing statistics, The End of Poverty is a hopeful book. Based on a tremendous amount of data and his own experiences working as an economic advisor to the UN and several individual nations, Sachs makes a strong moral, economic, and political case for why countries and individuals should battle poverty with the same commitment and focus normally reserved for waging war. This important book not only makes the end of poverty seem realistic, but in the best interest of everyone on the planet, rich and poor alike. --Shawn Carkonen
A landmark exploration of the way out of extreme poverty for the worlds poorest citizens Among the most eagerly anticipated books of any year, this landmark exploration of prosperity and poverty distills the life work of an economist Time calls one of the worlds 100 most influential people. Sachss aim is nothing less than to deliver a big picture of how societies emerge from poverty. To do so he takes readers in his footsteps, explaining his work in Bolivia, Russia, India, China, and Africa, while offering an integrated set of solutions for the interwoven economic, political, environmental, and social problems that challenge the poorest countries. Marrying passionate storytelling with rigorous analysis and a vision as pragmatic as it is fiercely moral, The End of Poverty is a truly indispensable work.
Customer Reviews
Average Rating: 
Rating: - Insightful and inspiring perspective on one of the great opportunities of our generation
Jeffrey Sachs uses his broad knowledge to frame the context of a call for action to end extreme poverty in our generation. He demonstrates through detailed statistical comparisons the evolution of the widening gap of economic opportunity between the world's regions, and provides interesting narrative examples to support his conclusions.
Although the statistics sometimes are mind-numbing, Sachs does a good job of creating graphical representations in the form of world maps, which serve ... Read More
Rating: - Optimism on Development and Effective Aid for Impoverished Countries
The End of Poverty: Economic Possibilities for Out Time by Jeffery Sachs, is an optimistic, forceful argument for the economic potential of developing countries and the necessity of increased in aid from rich countries to realize it.
Jeffrey Sachs is an accomplished macro-economist, currently at Columbia University, who has experience helping poor countries get on track to development. While, often described as left-leaning, he makes strong cases in favor of free-trade, market forces, ... Read More
Rating:  - Must Read for Those Interested in Development
You, being a smart person who is up on contemporary debates in economics and development and/or are a reader of Vanity Fair, probably already know all about Sachs and this book.
Sachs made his name giving "shock therapy" to various third world economies. He recommended they jack up interest rates, and pushed them towards neo-liberal free market structures. His career hit a bit of a bad patch when he was associated with the economic meltdown of the former Soviet Socialist Republic. This ... Read More
Rating: - Amazing
What a wonderful book. I won't go into detail, as I think the first few reviews do a fine job, but this book is definitely worth reading.
Rating: - Pleased
Bought this book as a gift and we were satisfied all around. Arrived as anticipated.
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