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The End of Poverty: How We Can Make It Happen in Our Lifetime
 
 

The End of Poverty: How We Can Make It Happen in Our Lifetime (Paperback)

by Jeffrey Sachs (Author)
4.1 out of 5 stars See all reviews (16 customer reviews)
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Price For All Three: £19.97

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Product Description

Product Description
Jeffrey Sachs draws on his remarkable 25 years’ experience to offer a thrilling and inspiring vision of the keys to economic success in the world today. Marrying vivid storytelling with acute analysis, he sets the stage by drawing a conceptual map of the world economy and explains why, over the past 200 years, wealth and poverty have diverged and evolved across the planet, and why the poorest nations have been so markedly unable to escape the trap of poverty. Sachs tells the remarkable stories of his own work in Bolivia, Poland, Russia, India, China and Africa to bring readers with him to an understanding of the different problems countries face. In the end, readers will be left not with an understanding of how daunting the world’s problems are, but how solvable they are – and why making the effort is both our moral duty and in our own interests.

About the Author
Jeffrey Sachs is the Director of The Earth Institute, Quetelet Professor of Sustainable Development, and Professor of Health Policy and Management at Columbia University as well as Special Advisor to United Nations Secretary General Kofi Annan. He is internationally renowned for his work as economic advisor to governments in Latin America, Eastern Europe, the former Soviet Union, Asia and Africa.

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Customer Reviews

16 Reviews
5 star:
 (9)
4 star:
 (4)
3 star:    (0)
2 star:
 (1)
1 star:
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Average Customer Review
4.1 out of 5 stars (16 customer reviews)
 
 
 
 
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43 of 51 people found the following review helpful:
2.0 out of 5 stars An Economic Messiah, 17 May 2005
By Ioannis Glinavos (London, UK) - See all my reviews
(REAL NAME)   
Jeffrey Sach's book should be listed in the biographies and not in the economics section. Filled with generalisations and shortcuts and forwarded by an awestruck Bono, it fails to impress. Once one reaches the end of the book where the recipe to end poverty follows Dr. Sachs world travels, he/she will find the Gap Financing approach to development. The main idea is to indentify the national savings rate, the projected needed investment rate and fill the gap by aid. This pretty much has been the ineffectual method used since the end of WWII to address issues of underdevelopment. A quick survey of the literature (especially Easterly, 2001) can show its limitations. At least Dr. Sachs largely avoids presenting us too rudely with the usual neoliberal orthodoxy paraded by the World Bank and the IMF around the globe. Worth reading but probably not worth applying.
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13 of 15 people found the following review helpful:
5.0 out of 5 stars A leading economist explains how society can end poverty, 28 Sep 2006
By Rolf Dobelli "getAbstract.com" (Switzerland) - See all my reviews
(TOP 50 REVIEWER)    (REAL NAME)   
This is an excellent book by one of today's most prominent development economists. Jeffrey D. Sachs has been at the forefront of the most significant economic turnarounds - for better or worse - of the past quarter century. He helped end hyperinflation in Bolivia, advised Poland on its emergence from communism, and counseled Russia, China and Africa. On the basis of his extensive research and experience, he concludes that conventional economic solutions ignore some of the key factors responsible for poverty. Borrowing a page from physicians' diagnostic procedures, he shows how noneconomic factors can have economic implications. Along the way, he exposes the lamentable hypocrisy of the developed world and the institutions allegedly working for the development of the poor world. As an adviser to the leadership of the United Nations, Sachs believes that organization should be strengthened. He is not a dispassionate economist and doesn't pretend to be. He has a plausible case to make and he presses it hard, maybe now and then too hard, in this effort to convince the prosperous that effective help for the impoverished is practical, at least under some circumstances. We believe his well informed, heartfelt book belongs on the reading list of anyone who hopes the world can become a better place.
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8 of 9 people found the following review helpful:
5.0 out of 5 stars Towards Economic Growth in Africa, 18 Oct 2005
By Coert Visser "solutionfocusedchange.com" (Driebergen Netherlands) - See all my reviews
(TOP 500 REVIEWER)    (REAL NAME)   
Jeffrey Sachs has written a great book containing a great invitation. During the past two centuries, the biggest part of the world has seen a great economic growth. The one big exception is Africa. Africa is held by extreme poverty, disease and high debts. This difference between Africa and the rest of the world is not primarily caused by exploitation by rich countries (although that has happened to some extent). The difference is not primarily caused by a transfer of wealth from one region to another. Instead, there is a general increase in the world's income and some parts have hardly been able to taken part in this increase. Technology has been the most important driving force between the structural growth in the rich parts of the world. In some parts the geographical, demographic, economical and political circumstances were so unfortunate that real grow has not come off the ground.

The challenge is to help these extreme poor countries to start climbing the development ladder. When that happens a positive spiral of endogenous growth emerges. Once economic development lifts off it usually becomes a self propelling process. This seems to be happening in Asia now. Asia has known extreme poverty for a long time but now the economic climb has started (even in countries like Bangladesh which was once seen as a hopeless case). Problems are now too overwhelming for some African countries to get on their feet by themselves. The international community needs to help. The help needs to be more than it is now but still a tiny fraction of our wealth will be enough.

The book is great because it not only raises attention to this great problem but it also provides a very constructive perspective for solving it. I admire the author for not becoming too cynical and accusative. Instead, he remains factual and constructive and concrete throughout the book. On a detailed level, I have a slight doubt about the comparison Sachs makes between economics and medical practise. What I do believe is that different countries need tailored approaches because of their unique circumstances. Roughly, I think Sachs argues his case well and I believe his general conclusions to be roughly true. This book should contain many source of ideas for political leaders throughout the world.

Coert Visser
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Most Recent Customer Reviews

4.0 out of 5 stars Useful, if flawed, study of poverty
Jeffrey Sachs is special adviser on the UN's Millennium Development Goals to UN Secretary-General Ban Ki-Moon. Read more
Published 1 month ago by William Podmore

1.0 out of 5 stars Old News
More arrogant, neoliberal nonsense, Sachs has already been comprehensively discredited by the disaster of the Russian experience as well as by Easterly and Klein.
Published 5 months ago by S. Marchant

4.0 out of 5 stars Challenge What You Think You Know...
Let's consider some facts before talking about increasing aid: Why should we care about the poor in Africa, Asia and Latin America? Read more
Published 6 months ago by A. O. AKEMU

5.0 out of 5 stars Novel Approach to Development Economics
This book is breath-taking in scope, pulsating with captivating optimism and inspiring in its bold proposals. Read more
Published 14 months ago by Joe Keguro Muhindi

5.0 out of 5 stars Bono could save more lives if he gave all his money instead of just his opinion
To honest, I am being a bit naughty.
I havn't read the book.
I think I will buy one soon.
When I have enough money.
Anyway. Read more
Published 20 months ago by Mr. J. Roche

4.0 out of 5 stars A great book
This book is spiritually satisfactory indeed but it over-hypes the need for "infinite aid". The ideology of "bigger is better" hardly functions in the African geographical and... Read more
Published 22 months ago by D. Komakech

1.0 out of 5 stars If wishes were horses
There is probably one indisputable truth from the story of Western aid to Africa over the last fifty years: it has had little positive effect, but it has resulted in corruption... Read more
Published on 19 Nov 2006 by Edward Young

5.0 out of 5 stars Profound, visionary, with achievable goals
In the first two chapters fascinating information is revealed about wealth creation and the resulting global wealth inequality in just two centuries. Read more
Published on 22 Nov 2005 by Serghiou Const

5.0 out of 5 stars The most inspiring book I've ever read
Jeffrey Sachs is one of the most influential, experienced and successful development economists of our time and the relentless energy behind this book is testament to the... Read more
Published on 3 Oct 2005 by pete_sloane

5.0 out of 5 stars A manifesto for global social change
overall I think it is a great book - a kind of manifesto for global social change. The majority of the book is inspiring in its perception of the problems and in presenting... Read more
Published on 9 Sep 2005 by Kim

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