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The End of Poverty: Economic Possibilities for Our Time
Jeffrey Sachs
Penguin (Non-Classics)
, 2006 - 416 pages
average customer review:
based on 114 reviews
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highly recommended
Smarter than I'll ever be, but still...
Sachs makes some great points but sp
end
s way too much
time patting
himself on the back. He really has amazing ideas, if you can put that stuff in the back of y
our mind
. He focuses a TON on the successes he's had, and tends to gloss over the countries and economies he made mistakes with. But it's a captivating read- you'll want to pick yourself up and change the world.
Passionate, but conveniently ignores historical reality
Sachs passionately promotes the Millenium Development Goals devised by the UN and pleads that if the developed economies of the world commit the res
ources they've
promised these goals will be met. The book is well written and very engrossing.
Unfortunately, much of what Sachs promotes does not relate well with historical reality. The UN and its associated aid agencies have consistently developed grandiose goals which are never met, mainly because the personnel developing the goals are not the same ones determining the contributions and don't determine their objectives based on financial limitations. Sachs does not indicate how the developed world's contributions will be more effectively managed than in the past. Also, since it's apparent the developed world is not going to provide the funding required by the MDGs, he provides no suggestion on how the MDGs can be scaled to provide the most effective use of resources. It's an all or nothing proposition.
Sachs links too many items simply to dollar figures and fails to take into account ethnic conflicts, religous and societal beliefs, as well as any of a number of other factors that can derail aid providers' well-intentioned efforts. He brushes aside poor governance in Africa by stating there are a select few other countries around the world that are even worse. Poor governance and corruption prevent development regardless if it's the worst in the world or not.
Regardless, Sachs does promote a number of ideas that are valid and likely to be successful, such as malaria nets and debt relief to countries that have shown they have taken steps to govern their finances in an acceptable manner, especially if applied and monitored separately and not part of a comprehensive plan to fix everything at the same
time
.
This book should be read with William Easterly's "White Man's Burden", as Easterly provides the counterpoint to Sach's big Planner approach to foreign aid, and suggests that a more market-based approach, with limited, clearly defined goals would provide a better use of the limited resources available to aid providers.
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The End of Poverty?
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 f
our 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
economic
s, 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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