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End Of Poverty (Paperback)

by Bono (Foreword), Jeffrey Sachs (Author)

4.2 out of 5 stars See all reviews (8 customer reviews)

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Product Details

Paperback: 416 pages
Publisher: Penguin Paperbacks; 1 edition (Feb 28 2006)
Language: English
ISBN-10: 0143036580
ISBN-13: 978-0143036586
Product Dimensions: 21.1 x 14 x 2.3 cm
Shipping Weight: 386 g

Average Customer Review: 4.2 out of 5 stars See all reviews (8 customer reviews)

Amazon.ca Sales Rank: #14,711 in Books (See Bestsellers in Books)

Popular in these categories:

#12 in	Books > Nonfiction > Economics > Development & Growth
#12 in	Books > Professional & Technical > Accounting & Finance > Economics > Development & Growth
#12 in	Books > Business & Investing > Economics > Development & Growth

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Product Description

From Amazon.com

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 --This text refers to an out of print or unavailable edition of this title.

From Publishers Weekly

Sachs came to fame advising "shock therapy" for moribund economies in the 1980s (with arguably positive results); more recently, as director of Columbia University's Earth Institute, he has made news with a plan to end global "extreme poverty"--which, he says, kills 20,000 people a day--within 20 years. While much of the plan has been known to economists and government leaders for a number of years (including Kofi Annan, to whom Sachs is special advisor), this is Sachs's first systematic exposition of it for a general audience, and it is a landmark book.For on-the-ground research in reducing disease, poverty, armed conflict and environmental damage, Sachs has been to more than 100 countries, representing 90% of the world's population. The book combines his practical experience with sharp professional analysis and clear exposition. Over 18 chapters, Sachs builds his case carefully, offering a variety of case studies, detailing small-scale projects that have worked and crunching large amounts of data. His basic argument is that "[W]hen the preconditions of basic infrastructure (roads, power, and ports) and human capital (health and education) are in place, markets are powerful engines of development." In order to tread "the path to peace and prosperity," Sachs believes it is encumbant upon successful market economies to bring the few areas of the world that still need help onto "the ladder of development." Writing in a straightfoward but engaging first person, Sachs keeps his tone even whether discussing failed states or thriving ones. For the many who will buy this book but, perhaps, not make it all the way through, chapters 12 through 14 contain the blueprint for Sachs's solution to poverty, with the final four making a rigorous case for why rich countries (and individuals) should collectively undertake it--and why it is affordable for them to do so. If there is any one work to put extreme poverty back onto the global agenda, this is it. (Mar. 21)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. --This text refers to an out of print or unavailable edition of this title.

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Customer Reviews

8 Reviews

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4.2 out of 5 stars (8 customer reviews)

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7 of 10 people found the following review helpful:

5.0 out of 5 stars End of Poverty by Sachs, Dec 27 2005

By A Customer

This review is from: End Of Poverty (Hardcover)

If you want to make a change for the better and broader purpose and yet you dont know how to do, or if you are completely ignorant about your ability of helping others, dont waste time, grab this book and read it, think about it and apply it in every way you can, trust me it will make a change of your views about the world!

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6 of 9 people found the following review helpful:

5.0 out of 5 stars Inspiration for Motivation, Jun 20 2006

By	Carolyn Gardner "The Blonde Conservative" (Ottawa, Ontario) - See all my reviews (REAL NAME)

Economics is not exactly what I would consider a sexy subject to read about but I was hooked from the first sentence. Sachs delivers insightful information and concrete answers to some of the most important questions regarding the extreme poverty of countries such as Africa. It goes beyond the predjudices that prevail today and will open your eyes to see the truth. He doesn't just talk about what needs to be done, he shows us how to do it. If you truly want to understand why extreme poverty still exists in our 21st century of economic advancements, then this is the book for you. It will educate you and hopefully inspire you as it inspired me to realize that poverty truly can be erradicated by the year 2025.

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2 of 3 people found the following review helpful:

3.0 out of 5 stars The End of Poverty?, May 14 2008

By	Kate Jongbloed (Toronto, ON CA) - See all my reviews (REAL NAME)

I recently read Jeffery Sachs' The End of Poverty. I wasn't quite sure what to expect, but was excited to pick up at development best-seller- not a common combination! While I usually try to avoid non-fiction when I'm not at school or working, and tend to have a fiction addiction, I think TEOP will find its way onto my 2007 top ten list.

The book does a great job of summarizing most of my four year international development degree, from discussions of absolute versus relative poverty, to the best way to address the issues of environment, health, education and livelihoods in the developing world. And Sachs does it in a way that makes development concepts accessible: he looks at development as a ladder, and those facing extreme poverty have not been able to get their feet on even the first rung. Thus, the requirements of aid can be seen as inputs to help that group reach the bottom of the ladder and begin to work their way up. He also brings down the issues to a single number: $75billion dollars a year until 2025, at which point he believes that all human kind could be on the development ladder and extreme poverty would be eliminated. Hence, the End of Poverty!

Situated, as he is, in the heart of American development politics and economics, Sachs was also able to do a good job of explaining the successes and deficiencies of his country's aid contributions. Like the discussion in the previous post, this has helped to give me a more detailed view of America's role in the development world, which I find really interesting. He called on a number of American thinkers and activists to give power to his arguments for the potential of the end of extreme poverty. Paraphrasing Martin Luther King, Jr, Sach's says "The bank of international justice is not bankrupt," and explains how people like King, Gandhi, and Mandela "transformed the impossible into the inevitable." While many people think ending poverty is impossible, and that we in the West can't afford it, Sachs is busy making us realize that we can, and we should.

His point is obviously more and better action, which is heralded over and over again by poverty activists like Bono, Angelina Jolie or Bob Geldof. But the good thing about Sachs is that he manages to mainstream his ideas about aid and development, and introduce them in more conservative economic circles than would usually listen to the rockstar rolemodels. In his final "to do list", Sachs calls everyone to "make a personal commitment," something I believe in very strongly. He ends the book with this quote:

Let no one be discouraged by the belief that there is nothing one man or one woman can do against the enormous array of the world's ills- against misery and ignorance, injustice and violence...Few will have the greatness to bend history itself; but each of us can work to change a small portion of events, and in the total of all those acts will be written the history of this generation. -- Robert Kennedy

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Most recent customer reviews

3.0 out of 5 stars A bit too clinical
Having a keen interest in international development and economics, I was excited to finally get a chance to read this book. Read more

Published 4 months ago by J. Tobin Garrett

5.0 out of 5 stars End of Poverty
A very clear and well written argument. Although I disagree with Sachs in some respect, he presents a different, if not workable, method in helping developing countries backed... Read more

Published 16 months ago by Fun Lee

5.0 out of 5 stars An accessible introduction to solving extreme poverty.
Jeffrey Sachs lays out an easy-to-remember model for understanding the meaning and cause of extreme poverty, and then proceeds in a methodical way to lay out his solutions. Read more

Published 19 months ago by Chris Kutarna

5.0 out of 5 stars a must read for everyone who has any interest in the world
Absolutely one of the best books I have read, and economics is not my preferred subject. Readable, engaging, realistic and compassionate, Sachs is a social activist with both... Read more

Published on April 22 2007 by Dark Seraphim