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Global Crises, Global Solutions: Costs and Benefits [Paperback]

Bjørn Lomborg

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Book Description

July 31 2009 052174122X 978-0521741224 2
The first edition of Global Crises, Global Solutions was nominated as one of the books of the year by The Economist in 2004. This 2009 2ns edition asks: 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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'... 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

Book Description

The world's poorest people face many pressing problems from disease and malnutrition, through to conflict and climate change. How can the world best spend money to help resolve these problems? This 2009 book offers an authoritative and thought-provoking assessment of the costs and benefits of a menu of options.

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4 of 4 people found the following review helpful
5.0 out of 5 stars Commonsense approach to pressing problems Feb. 23 2012
By Kendall Svengalis - Published on Amazon.com
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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