Click on image to purchase.
From Publishers Weekly
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 "[W]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.
Copyright © Reed Business Information, a division of Reed Elsevier
Inc. All rights reserved.