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.
The End of Poverty
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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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61 of 69 people found the following review helpful
By Ioannis Glinavos
VINE™ VOICE
Format:Paperback
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.
8 of 9 people found the following review helpful
By Charlotte
Format:Paperback
Broadly speaking, this is an excellent book, packed full with new insights, clear solutions and interesting case studies drawing on a wealth of experience Jeffrey Sachs has in the development economics field. The maps and graphs interspersed in the text were also a welcome addition - too few books use them to full effect.
My only complaints are that (a) at times it read like a bit like biography and (b) it is too short! Often my interest was sparked on a complex issue, only to have it dealt with in a very broad brush way.
In general, though, it is a definite must-read.
My only complaints are that (a) at times it read like a bit like biography and (b) it is too short! Often my interest was sparked on a complex issue, only to have it dealt with in a very broad brush way.
In general, though, it is a definite must-read.
1 of 1 people found the following review helpful
By alixshett
Format:Hardcover
As Sachs has spent many years working for the World Bank and the forward of his latest book was by Bono, I was very skeptical of this book. However, I found the first half of this book interesting. It described the history of global economics, why countries have developed at different rates and there were case studies of economic reforms in India, China, Poland and Hungary. Although the case studies were economically interesting and very readable, I felt the name dropping and Sachs ego got a little tiring after a while.
The concept I liked most in this book was how Sachs used a `clinical diagnosis' of economic difficulties that countries faced which took into account geography, politics and health. This also highlighted the importance of individual countries developing their own policies for development, and not having a one size fits all policy forced upon them from the World Bank or IMF. I think this is a conclusion that most people who work within the World Bank soon realise, but often too late.
I was less impressed with the second half of the book which aimed to describe how to end poverty. The answer was to increase funding from developing countries, written in detail for too many pages. Although this may be beneficial, I expected more innovation and creativity by a World Renowned Economic Professor. After finishing the book, I felt he had wasted his time writing the second half. This perhaps demonstrates that there are no quick fixes to problems as complex as poverty but surely one of the most influential people in the world could have come up with a better idea than simply giving more money? I won't be recommending this book to anyone.
The concept I liked most in this book was how Sachs used a `clinical diagnosis' of economic difficulties that countries faced which took into account geography, politics and health. This also highlighted the importance of individual countries developing their own policies for development, and not having a one size fits all policy forced upon them from the World Bank or IMF. I think this is a conclusion that most people who work within the World Bank soon realise, but often too late.
I was less impressed with the second half of the book which aimed to describe how to end poverty. The answer was to increase funding from developing countries, written in detail for too many pages. Although this may be beneficial, I expected more innovation and creativity by a World Renowned Economic Professor. After finishing the book, I felt he had wasted his time writing the second half. This perhaps demonstrates that there are no quick fixes to problems as complex as poverty but surely one of the most influential people in the world could have come up with a better idea than simply giving more money? I won't be recommending this book to anyone.
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Most Recent Customer Reviews
5.0 out of 5 stars
good
As advertised, speedy service & value for money. arrived on time, not much more to say about a book! thx
Published 2 months ago by m
5.0 out of 5 stars
A global 'nation changer' and proof that one man can make a difference
I bought this book on a recommendation and wasn't really sure whether I wanted to read a book written by an economist. Well, this book is a true 'eye opener. Read more
Published 12 months ago by M. Ahmed
4.0 out of 5 stars
Strong medicine
Jeffrey Sachs has an optimist's confidence, which makes this book an encouraging read. He brings wide experience, clear argument and deep thought to the problems of poverty. Read more
Published 12 months ago by A buyer
4.0 out of 5 stars
Loaned from library, lated purchased
I was recommended this book from my lecturer to help with an assignment at university, I took it out on a three week loan from the library, but when I came to renew the book it had... Read more
Published 18 months ago by Z. W. Ball
3.0 out of 5 stars
A bit late, but otherwise fine
Arrived one week late, whose fault this is is unknown. It is a copy from a library somewhere in the UK and the item was cheap. Read more
Published 22 months ago by belynchy
4.0 out of 5 stars
Informative
The themes of Sachs' book are: Arguments for how development aid have helped to end poverty in the past, how development aid could help ending poverty in the future, and why... Read more
Published 22 months ago by Alexander Sokol
3.0 out of 5 stars
End of Poverty?
Informative, passionate, a bit pro-West. The White Man's Burden by William Easterly is better I find.
Published on 21 July 2010 by JustAWoman
4.0 out of 5 stars
Increasing my awareness
The book starts with a general review of the current world situation and its history. As a person unfamiliar with much of this, especially the history I found this really... Read more
Published on 21 Jun 2010 by Mrs. J. Franklin
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. The Goals are to halve extreme poverty by 2015 and end it by 2025. Read more
Published on 11 Jun 2009 by William Podmore
2.0 out of 5 stars
More Aid?
Professor Sachs, director of the Earth Institute at Columbia University, is a world-renowned expert on development. Read more
Published on 3 Jan 2009 by A. O. P. Akemu
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