The End of Poverty: Economic Possibilities for Our Time

Sachs, Jeffrey D.

ISBN 10: 1594200459 / ISBN 13: 9781594200458

Published by Penguin Press, U.S.A., 2005

About this Item

First edition, first printing. Signed by author on the ffep in March 2005 with an inscription "For Alexandra, with very best wishes, Jeffrey D. Sachs." DJ is not price clipped. Small amount of edge wear to DJ and a damp stain on the underside on the back section. Book is in overall near fine condition. Seller Inventory # 000848

Bibliographic Details

Title: The End of Poverty: Economic Possibilities ...

Publisher: Penguin Press, U.S.A.

Publication Date: 2005

Binding: Hardcover

Condition: Near Fine

Dust Jacket Condition: Near Fine

Signed: Signed by Author(s)

Edition: 1st Edition

About this title

Synopsis:

A respected international economic advisor and the director of The Earth Institute shares a wide-spectrum theory about how to enable economic success throughout the world, identifying the different categories into which various nations fall in today's economy while posing solutions to top political, environmental, and social problems that contribute to poverty. 50,000 first printing.

Review:

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