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'… an instructive guide … a remarkable book which provides essential data for any informed discussion of vital world problems … so often dominated by ill-informed debate. This book should prove necessary reading for all policy makers and philanthropists concerned with seriously tackling the world's challenges.' Nicholas Newman, www.oxfordprospect.co.uk
Product Description
The first edition of Global Crises, Global Solutions nominated as one of the books of the year by The Economist in 2004. If we had more money to spend to help the world's poorest people, where could we spend it most effectively? Using a common framework of cost-benefit analysis a team of leading economists, including five Nobel prize winners, assess the attractiveness of a wide range of policy options for combating ten of the world's biggest problems: Air pollution, Conflicts, Diseases, Education, Global Warming, Malnutrition and Hunger, Sanitation and Clean Water, Subsidies and Trade Barriers, Terrorism, Women and Development. The arguments are clearly presented and fully referenced so that readers are encouraged to make their own evaluation of the menu of policy options on offer. Whether you agree or disagree with the economists' conclusions, there is a wealth of data and ideas to discuss and debate!
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Commonsense approach to pressing problems
24 Feb 2012
Format:Paperback
This unique and invaluable examination of global health and environmental problems is an outgrowth of the "Copenhagen Consensus," an ambitious international project designed to prioritize solutions to the world's leading challenges, including climate change, communicable diseases, conflicts, education, financial instability, corruption, migration, malnutrition and hunger, trade barriers, and water access. Its authors include a number of eminent economists who provide arguments and data for prioritizing responses to these problems. In a world of finite financial resources, they apply the latest in scientific knowledge and cost-benefit analysis to various programs in order to gauge how best to achieve the greatest good for the money. Each problem is introduced by a world-renowned expert who analyzes the scale of the problem and evaluates the costs and benefits of a range of policy options to improve the situation. Alternative solutions are also offered by other experts in shorter pieces. All ten challenges are evaluated by a panel of economists from North America, Europe, and China who rank the most promising policy options. For example, the consensus is that it would be far wiser to spend resources on the immediate problem of AIDS in Africa than the more distant one of global warming. At the top of the group's list of 17 projects are control of HIV/AIDS, providing micro nutrients to combat malnutrition, trade liberalization, and control of malaria. At the bottom of the list were guest worker programs for the unskilled and the various projects to address alleged global warming. Bjørn Lomborg is Associate Professor of Statistics at the University of Aarhus and the director of the Danish Environmental Assessment Institute. He is also the author of the bestselling book The Skeptical Environmentalist (2001). This is a fascinating and valuable effort to merge scientific knowledge with an understanding of economic realities in addressing pressing global problems.
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