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The End of Poverty

Economic Possibilities for Our Time

Audiobook
1 of 1 copy available
1 of 1 copy available

Hailed by Time as one of the world's one hundred most influential people, Jeffrey Sachs is world-renowned for his work around the globe advising economies in crisis. He has advised a broad range of world leaders and international institutions on the challenges of hyperinflation, disease, post-communist transition, and extreme poverty. Now, at last, he draws on all he has learned from twenty-five years of work to offer a uniquely informed vision of the keys to economic success in the world today and the steps that are necessary to achieve prosperity for all.

Marrying vivid, passionate storytelling with profound, rigorous analysis, Jeffrey Sachs first lays out a clear conceptual map of the world economy. He explains why, over the past two hundred years, wealth has diverged across the planet and why the poorest nations have so far been unable to improve their lot. He explains how to arrive at an in-depth diagnosis of a country's economic challenges and the options it faces. He leads readers along the same learning path he himself followed, telling the stories of his own work in Bolivia, Poland, Russia, India, China, and Africa as a way to bring readers with him to a deep understanding of the challenges faced by developing countries in different parts of the world. Finally, he offers an integrated set of solutions to the interwoven economic, political, environmental, and social problems that most challenge the world's poorest societies and, indeed, the world.

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    • AudioFile Magazine
      Jeffrey D. Sachs, director of Columbia University's Earth Institute and a UN adviser, looks at successes and failures in the global war on poverty, considers how the gap between rich and poor nations developed, and outlines a plan for ending the worst poverty by 2025. Malcolm Hillgartner makes his delivery heartfelt while maintaining Sachs's optimistic tone and outlook. While the work has dry patches that relate statistics and facts, Sachs's personal anecdotes give Hillgartner room to voice passion and even occasional anger. He admirably represents Sachs, a believer in "capitalism with a human face," and gives listeners plenty of food for thought on sweatshops, the Marshall Plan, debt relief, the responsibility of the world's richest people, and U.S. spending on world poverty. J.A.S. (c) AudioFile 2008, Portland, Maine
    • Publisher's Weekly

      Starred review from February 7, 2005
      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 "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.

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