Sachs - The End of Poverty: Economic Possibilities for Our Time

PENGUIN BOOKS

THE END OF POVERTY

Jeffrey D. Sachs is the Director of The Earth Institute at Columbia University and Special Advisor to United Nations Secretary-General Kofi Annan on the Millennium Development Goals. He is internationally renowned for his work as economic adviser to governments around the world.

Praise for The End of Poverty

Book and man are brilliant, passionate, optimistic and impatient. Outstanding.

The Economist

Jeffrey Sachs is that rare phenomenon: an academic economist famous for his theories about why some countries are poor and others rich, and also famous for his successful practical work in helping poor countries become richer. In this long-awaited, fascinating, clearly and movingly written book, he distills his experience to propose answers to the hard choices now facing the world.

Jared Diamond, Pulitzer Prizewinning author

of Guns, Germs, and Steel and Collapse

[Paul Wolfowitz] should read Jeffrey Sachss compelling new book, The End of Poverty. Sachs, a distinguished economist who has spent the last three decades working with governments around the world, explains that none of these conventional wisdoms gets it right. Much foreign aid has been very well spent and led to landmark results.

Fareed Zakaria, Newsweek

Sensible, often brilliant analysis of povertys root causes and potential solutions. The End of Poverty is superb when describing the dire circumstances of the one billion people subsisting on less than $1 a day. It is hard not to share Sachss anger after reading his firsthand reporting on the miserly Western aid to African villages ravaged by AIDS, malaria, and hunger.

BusinessWeek

This timely exhortation demonstrates how extreme poverty, which is actively killing a sixth of the worlds population, could be eliminated within twenty years. Using his own case histories from doctoring ailing nations across the globe, Sachs takes a breathtaking tour of catastrophic fiscal policies, pulling his notes into a prescription for a more equitable global economic recovery, dragging in its wake political and environmental boons.

Financial Times

The idea that Africa is a victim of geography is not new, but Sachss book dares to offer a big, bold solution. And an author of Sachss pedigree cant be taken lightly.

The Nation

A landmark [Sachss] book combines his practical experience with sharp professional analysis and clear exposition. Writing in a straightforward but engaging first person, Sachs keeps his tone even whether discussing failed states or thriving ones. If there is any one work to put extreme poverty back onto the global agenda, this is it.

Publishers Weekly (starred boxed review)

Eminently practical, minimally pipe-dreamy a solid, reasonable argument in which the dismal science offers a brightening prospect for the worlds poor.

Kirkus Reviews

This is an excellent, understandable book on a critical topic and should be required reading for students and participants in public policy as well as those who doubt the problem of world poverty can be solved.

Booklist

Yes, Jeff Sachs is a dreamer, but one whose dreams flow not only from idealism but also from good analysis and impressive experience. If you care about development, and more importantly about poor people in the developing world, this volume is a must.

Ernesto Zedillo

Professor Sachs has provided a compelling blueprint for eliminating extreme poverty from the world by 2025. Sachss analysis and proposals are suffused with all the practical experience of his twenty years in the fieldworking in dozens of countries across the globe to foster economic development and well-being.

George Soros

Jeff Sachs addresses crucial challenges to us all: He speaks to our hearts and mindsfrom his wide experience of an interconnected world. His is a convincing voice of reason and promise.

Gro Harlem-Brundtland

Recent developments in modern science and technology and the application of these through appropriate institutional mechanisms have provided us with the hope that chronic poverty need not be the inevitable lot of a majority of the human race. It is for all of us to find creative ways and means through social engineering to realize the potential that is available to us. Poverty eradication is a feasible and realistic goal. The primary responsibility must lie with the people and governments of developing countries. However, international cooperation can play an effective role in poverty reduction by providing the necessary technical and financial support for managing this process at a rapid pace. This book by professor Jeffrey Sachs provides a deep insight into the success achieved in this regard in many developing countries and provides useful lessons for all practitioners of policy making for poverty eradication and economic development. The insights are incisive and are placed in the larger global context of economic change and enable readers to convert these into effective policy instruments.

Prime Minister of India Manmohan Singh

of

Economic Possibilities for Our Time

JEFFREY D. SACHS

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First published in the United States of America by The Penguin Press,

a member of Penguin Group (USA) Inc. 2005

Published in Penguin Books 2006

Copyright Jeffrey D. Sachs, 2005

All rights reserved

constitutes an extension of this copyright page.

THE LIBRARY OF CONGRESS HAS CATALOGED THE HARDCOVER EDITION AS FOLLOWS:

Sachs, Jeffrey.

The end of poverty / Jeffrey Sachs.

p. cm.

Includes bibliographical references and index.

ISBN: 978-1-101-64328-0

1. PovertyDeveloping countries. 2. Developing countriesEconomic policy.

3. Developing countriesEconomic conditions. 4. Economic assistanceDeveloping countries.

I. Title.

HC59.72.P6S225 2005

339.46091724dc22 2004065942

Printed in the United States of America

DESIGNED BY MAUNA EICHNER

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