The End of Povertyby Jeffrey D. Sachs argues from an economic perspective that globalization offers a possible solution to global poverty. The book provides a road map to how the world might, given the political will to do so, end global poverty by 2025. He supports the eight United Nations Millennium Development Goals to end extreme poverty and recommends a methodology he term "clinical economics", which begins with a diagnosis of the specific causes of...
The End of Poverty by Jeffrey D. Sachs argues from an economic perspective that globalization offers a possible solution to global poverty. The book provides a road map to how the world might, given the political will to do so, end global poverty by 2025. He supports the eight United Nations Millennium Development Goals to end extreme poverty and recommends a methodology he term "clinical economics", which begins with a diagnosis of the specific causes of poverty in individual countries.
The first chapter of the book analyzes four nations which he suggests typify four major patterns of development, Malawi, Bangladesh, India, and China which represent four rungs on the climb out of global poverty, with Malawi at the bottom rung and China at the top, having moved from the lower rungs to a position of a middle-income nation in a short time period.
Next, Sachs surveys the geographical distribution of extreme poverty, showing that it clusters unequally across the globe, with the highest proportion of the extreme poor living in Africa, and the next highest in South Asia. His third chapter looks at the historical causes of the rise of prosperity in Europe. Next he investigates why some countries have remained trapped in poverty.
After diagnosing the causes of poverty, he offers a detailed plan to end global poverty, emphasizing financial commitments by the rich world to stimulate economic growth.
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