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The End of Poverty: Economic Possibilities for Our Time

The End of Poverty: Economic Possibilities for Our Time

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Author: Jeffrey Sachs
Publisher: Penguin (Non-Classics)
Category: Book

List Price: $17.00
Buy Used: $4.47
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New (67) Used (56) from $4.47


Media: Paperback
Number Of Items: 1
Pages: 416
Shipping Weight (lbs): 0.9
Dimensions (in): 8.4 x 5.4 x 1.1

ISBN: 0143036580
Dewey Decimal Number: 339.46091724
EAN: 9780143036586
ASIN: 0143036580

Publication Date: February 28, 2006
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Shipping: International shipping available
Condition: Fine reading copy; unmarked with limited wear; covers and some pages have some creasing; ships in 1 to 2 business days; delivery confirmation on all U.S. shipments

Customer Reviews:
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4 out of 5 stars Optimism on Development and Effective Aid for Impoverished Countries   April 20, 2008
 2 out of 2 found this review helpful

The End of Poverty: Economic Possibilities for Out Time by Jeffery Sachs, is an optimistic, forceful argument for the economic potential of developing countries and the necessity of increased in aid from rich countries to realize it.br /br /Jeffrey Sachs is an accomplished macro-economist, currently at Columbia University, who has experience helping poor countries get on track to development. While, often described as left-leaning, he makes strong cases in favor of free-trade, market forces, and the role of the private sector in achieving economic development. He does often tout his own success regarding recommendations for economic reforms that enhanced development in impoverished. However, given the overall pessimistic attitude that many have towards real, subtantial economic development in these difficult places, I am not so sure it was out of place.br /br /While, I have a certain amount of skepticism towards Official Development Assistance, ODA, that Sachs makes a case for. His argument is compelling, especially in areas like health and education, that do not have a history of being served well by market forces alone. Even in infrastructure development, while rich countries now rely on significant private sector involvement, during their initial development stage, it was entirely a public endeavor.br /br /In the end, I am more willing to accept Sachs' argument that ODA is an essential part of what poor countries need to achieve sustainable economic development. I am in entire agreement that promises we make as a nation need to be fulfilled, and not given lip service. The other option is to not make those kinds of promises, but the current situation is dishonorable with regard to the gap Sachs illuminates between the United States' promised aid and the United States' actual aid to developing countries. I do think we need to hear more about technological innovation and technology transfer, that Sachs seems to assume will happen if the proper economic conditions are established. I am not yet convinved of that. Also, I still believe that the devil will be in the details as far as ODA is concerned, and if not executed properly we could easily establish incentives for those participating on both sides of the divide that work against our real objectives.br /br /And lastly, I should add, I found the foreword by Bono of U2 to be very thoughtful and eloquent on the subject. I was more suprised than I should have been, I suspect.


5 out of 5 stars Must Read for Those Interested in Development   February 3, 2008
 1 out of 1 found this review helpful

You, being a smart person who is up on contemporary debates in economics and development and/or are a reader of Vanity Fair, probably already know all about Sachs and this book.br /br /Sachs made his name giving "shock therapy" to various third world economies. He recommended they jack up interest rates, and pushed them towards neo-liberal free market structures. His career hit a bit of a bad patch when he was associated with the economic meltdown of the former Soviet Socialist Republic. This book is his recommendations for development in Africa.br /br /Sach's ideas at base are pretty simple - Sub Saharan Africa needs lots and lots more aid. This aid should be put to use curing easily defeatable diseases and establishing local agrarian and, eventually, manufacturing economies. Oh, and right wing type who say that more aid won't fix the problem are wrong. That's about it.br /br /I think Sach's has this all about half right. More aid is a good idea, but alone, and in the style he suggests, I doubt it will lead to an end to poverty. Paul Collier's more nuanced book The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It, which I just finished, and will review soon, gives a better battle plan for dealing with seriously troubled countries. Sach's plan is a little too throw-money-at-the-problem for me.br /br /Still, this book is worth a read. If you're going to talk about world poverty now a days (and I tend to talk about world poverty a lot), you going to have to know what Sach is up to. He is by far the biggest name in the field. He may not always be right, but he's the player that you need to know about.


5 out of 5 stars Amazing   January 26, 2008
 0 out of 2 found this review helpful

What a wonderful book. I won't go into detail, as I think the first few reviews do a fine job, but this book is definitely worth reading.


5 out of 5 stars Pleased   January 9, 2008
 0 out of 2 found this review helpful

Bought this book as a gift and we were satisfied all around. Arrived as anticipated.


4 out of 5 stars Must Read for our times   January 7, 2008
 0 out of 2 found this review helpful

While I don't agree with everything he says, and it's important to get both sides, Sachs' book is compelling and important. Dense and somewhat difficult to read, the book requires that you take your time.

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