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The End of Poverty: Economic Possibilities for Our Time Paperback – February 28, 2006

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Jeffrey Sachs (Author)
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Product Details

  • Paperback: 448 pages
  • Publisher: Penguin Books; Reprint edition (February 28, 2006)
  • Language: English
  • ISBN-10: 0143036580
  • ISBN-13: 978-0143036586
  • Product Dimensions: 5.5 x 1 x 8.4 inches
  • Shipping Weight: 12 ounces (View shipping rates and policies)
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (206 customer reviews)
  • Amazon Best Sellers Rank: #35,391 in Books (See Top 100 in Books)

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Customer Reviews

Top Customer Reviews

4.0 out of 5 starsThe Economist as Savior
By Omer Belsky on October 22, 2005
Format: Hardcover
Jeffery Sachs' "The End of Poverty" is three books in one: First, it is an exploration of the world, focusing on economics but surveying wide array of topics regarding international relations and politics, and offers a portrait of the planet today. Second, it is a crash course in development economics. Finally, it is an impassioned plea for more western aid to poor countries particularly in Africa.

I know of no better book for understanding the current state of the world. In several brilliant
Chapters, Sachs takes us through the hyperinflation of Bolivia, the post Cold War transition to market economies in Poland, Russia, India and China, and the struggles for existence in Sub Saharan Africa. All these are put into context of International Relations, Economics and Politics, and personified through Sachs' description of his own role in these happenings. It's a tour de force.

The weaknesses here are the complete absence of the Middle East, and Sachs' all-too-human tendency to portray himself as the epicenter of the events he describes, convincing Polish politicians to accept responsibility, and leading the fight against hyper inflation in Bolivia. But his involvement has not necessarily been as influential or beneficial as he portrays it: Bolivia, at least, can hardly be called a success story; Even though Sachs praises both its leaders and its policies, Bolivia is still not up to its 1980 level of GDP per Capita (p. 108).

As a primer on development economics, "The End of Poverty" is a more of a mixed bag. At best, it offers powerful insights, particularly about the importance of Geography to economic development.Read more ›
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3.0 out of 5 starsOne Harvard professor's attempt to solve poverty
By Peter Lorenzi on August 20, 2005
Format: Hardcover
A wonderful thesis. The initial tone and first-hand accounts and analyses (Chapters 1-4) are great. Sachs' first few chapters read like Thomas Friedman, only Sachs publishes in journals and Friedman publishes in the New York Times. And Friedman has a few best sellers. Sachs is a very smart, accomplished, compassionate economist.

Sachs tries to provide some context. He seems to have personally saved first Bolivia (Chapter 5), then Poland (Chapter 6), then Russia (Chapter 7), then China (Chapter 8), and then India (Chapter 9), not from poverty, but from the mistakes of (American) foreign policy, greedy bankers, and the IMF. He always seems to get it right and they're wrong. He decries their solutions in favor of his own: demand debt forgiveness.

Then Sachs shifts into using his economic, statistical, and networking skills to propose solutions to eradicate poverty. His fundamental argument is that the rich countries need to give more money to the poor countries, and he seems pretty angry about the lack of compassion, especially from the United States, for the world's poor. Perhaps Sachs could start with his home institution, Harvard. This university has an almost egregious endowment in excess of $22 billion, pays its top fund manager $50 million a year, and employs Andrei Shleifer who "was discovered by the U.S. government to be making personal investments in Russia at the same time that he was on a U.S. government contract to advise the Russian leadership on privatization." (p. 144) This privatization effort, as Sachs reports, sold $100 billion in assets for $1 billion. Sachs thinks that we should then forgive the Russian government its debts.Read more ›
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4.0 out of 5 starsMuch to offer (even if you don't believe in Sachs's plan to end poverty)
By David Evans VINE VOICE on March 3, 2006
Format: Paperback
Sachs covers a lot of ground: a bit of world economic history, a bit of travelogue, moral arguments for foreign aid, and ... The Plan (to end world poverty by 2025).

The Plan itself, while mostly fascinating to read (with patches of exhausting technical detail), has its challenges. The biggest problem is that, while the investments he outlines will theoretically jump-start growth, it has never been tested, and the West has a long history of failed development ideas. Among other more technical points, Sachs either underestimates the inefficiencies in the aid agencies and in governments, or he overestimates the ease of overcoming them.

But the plan (and how to pay for it) makes up only four out of eighteen chapters. Here is what else awaits you: a brief economic history of the world and characterization of the rich-poor divides in the world today (chapters 1 and 2), a primer on growth economics (chapter 3), Sachs's prescription for how development economics should be practiced (chapter 4), tales of Sachs's very high level consulting in Bolivia, Poland, and Russia (chapters 5 through 7), economic histories of India and China (chapters 8 and 9), an overview of the economic and health situation in Africa (chapter 10), Sachs's views on how the West should respond to terrorism (chapter 11), The Plan (and how to pay for it (chapters 12 through 15), dispelling myths about why aid doesn't work (chapter 16), and the pep talk (chapters 17 and 18). The book can largely be read piecemeal. I particularly enjoyed chapters 1, 5 through 9, and 16.

One wearisome feature is the self-promotion. Sachs is the center of everything good that happens in this book.Read more ›
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Most Recent Customer Reviews

5.0 out of 5 starsMust Read!

Fantastic read! I bought for a college elective class and absolutely loved the critical thinking spurred by this book. Highly recommended!

Published 1 month ago by heavenlywhisprz
1.0 out of 5 starsDISAPPOINTINGLY BORING.

Although Jeffrey Sachs intentions were good in writing this book, I found it extremely boring. The writing was stale and too clinical for my liking. Read more

Published 3 months ago by Jamusu
5.0 out of 5 starsDare to dream

Because there's a lot of people in poverty out there.

Published 5 months ago by Dan R
2.0 out of 5 starsClinton destroys Haiti and Sachs globalizes same

Of course, there are books now and other materials that show the hubris and misguided self-importance that characterize Prof. Sach's work. Read more

Published 6 months ago by Wisdom_and_Love
1.0 out of 5 starsshameless

Jeffrey Sachs ruined economy and destroyed industry in the 90-ties in my country Poland. How dare he speak about the end of poverty. He is the poverty creator. Read more

Published 8 months ago by Katarzyna Kruszewska
5.0 out of 5 starsHe advocates increased trade and foreign direct investment in poor...

An inspiring and thoughtful explanation of how extreme poverty can be ended in our generation. Invest in infrastructure, education, and health in developing countries to break the... Read more

Published 8 months ago by R. Jeremiah Maller
5.0 out of 5 starsFive Stars

Love It and very helpful customer service

Published 9 months ago by HANISHA
4.0 out of 5 starsFour Stars

cool

Published 9 months ago by Emmie
1.0 out of 5 starsPOLITICAL foolishness that can cost people their lives

Anyone who thinks poverty is lack of money, (or even worse, lack of other people's money) is a fool. I don't care how many degrees and accolades from the left they might have. Read more

Published 10 months ago by Amazon Customer
5.0 out of 5 starsThe book arrived in great condition and

What a phenomenal book with a different perspective. The book arrived in great condition and, would recommend this book to anyone!

Published 11 months ago by Consuelo Quinones

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