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The End of Poverty

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3.68  ·  Rating details ·  10,112 ratings  ·  720 reviews
The landmark exploration of economic prosperity and how the world can escape from extreme poverty for the world's poorest citizens, from one  of the world's most renowned economists

Hailed by Time as one of the world's hundred most influential people, Jeffrey D. Sachs is renowned for his work around the globe advising economies in crisis. Now a classic of its genre, The En
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Paperback, 448 pages
Published February 28th 2006 by Penguin Books (first published April 7th 2005)
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Ravinder Because Bono learnt about world economics from Jeffrey Sachs
Ravinder Maybe someone has written a book summary for this book too.

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Riku Sayuj
Nov 20, 2013 rated it liked it
Shelves: r-r-rs, economics, pop-eco

Towards the End of Poverty: A Manifesto


The difference between a solid policy prescription book and an evocative manifesto is hard to make out if it is an economist writing it. I should have known which side this would fall on once I saw that the introduction was by Bono, but I let the forceful and articulate Bono force me into buying this one. In the store, Bono’s righteous anger was infectious and the book could not be put down. It sounded like a moral obligation:

Fifteen thousand people dyin
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Sean Sullivan
Sep 16, 2007 rated it it was amazing
Shelves: economics
You, being a smart person who is up on contemporary debates in economics and development and/or are a reader of Vanity Fair, probably already know all about Sachs and this book.

Sachs made his name giving “shock therapy” to various third world economies. He recommended they jack up interest rates, and pushed them towards neo-liberal free market structures. His career hit a bit of a bad patch when he was associated with the economic meltdown of the former Soviet Socialist Republic. This book is hi
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Athena
I expected to give this book one star, but I could get behind enough of Sachs' ideas to give it two. Sachs opposes IMF/WB austerity measures to promote development, and defends health care, education, and other services as public goods. He advocates taxing the rich and getting the world's wealthiest people to invest their money in the world's poorest people. He opposes Bush's excessive military spending because he thinks US and global security are more effectively guaranteed by cutting down glob ...more
simon aloyts
Jun 28, 2007 rated it did not like it
What do Bono, and countless other celebrities have in common with the author? A: They’ve always wanted to be celebrities. What is different? A: The celebs actually think that the world can be rid of poverty and misery and vice.

Are you honestly going to tell me that one of the world’s most influential economists ACTUALLY believes that poverty can be banished or even meaningfully reduced? Not a chance. Not with Africa’s population growth rate. Sachs is selling panic again to promote himself and i
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Andrew
Nov 06, 2018 added it
Shelves: economics
Poor Jeffrey Sachs. He reminds me of the autistic kid in elementary school who isn't sure why no one likes reading the marginalia of comic books as much as he does. After all, the other kids like Spiderman too. So why doesn't everyone else want to do the cross-referencing (I may have been awfully close to being that kid)?

Jeffrey Sachs' basic perspective is that all we have to do to solve poverty is pump aid money in and engage in debt relief. Let's ignore, for a moment, the fact that he was larg
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Jim
Feb 24, 2008 rated it liked it
Shelves: economics
A well written book. In my opinion it can not be read without also reading William Easterly's book "The Quest For Growth." The two scholors are at war with each other. Their debate is all the more interesting when you read the back and forth op-ed pieces they have written in the Washington Post.

I tend to agree with Easterly: Sachs means well, but he is very full of himself. His book is more a tribute to what he can do, and other economists can't than a good debate on the issues. Flying Bono aro
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Ushan
Dec 27, 2010 rated it did not like it
Shelves: economics
Sachs visited Malawi a few times in the 2000s, and met the country's vice-president, "a remarkably fine individual, a dignified, eloquent, a popular figure in what is against all odds a multiparty democracy." He "came to know Malawi relatively well" and saw people dying of AIDS, depleted soil, no medicines in the hospital, children stunted from malnutrition. Paul Theroux visited the country in 2001; unlike Sachs, he speaks Chichewa, the Bantu language widely spoken in Malawi, having worked in wh ...more
Cambridge Programme for Sustainability Leadership
One of Cambridge Sustainability's Top 50 Books for Sustainability, as voted for by our alumni network of over 3,000 senior leaders from around the world. To find out more, click here.

The End of Poverty argues that extreme poverty, defined by the World Bank as having an income of less than $1 a day, is 'the poverty that kills'. However, it is almost entirely preventable and solvable (as has been shown in developed countries and many developing countries) through the provision of basic services in
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Lorraine
Aug 24, 2012 rated it did not like it
Shelves: own
Another book written by a rich caucasian on how to solve "Third World" problems. Sachs floats a lot of "economic theories" and Bono throws in his bit as well. Understandably so, they've never walked a mile in a poor person's shoes. Some things are just as nature intended. We cannot all be wealthy CEOs, who'll do the ground work?. Intervention does more harm than good, most of the time. Some relief schemes are built on greed and filth. Just look at USaid!! Closer to home, look at the giant retail ...more
Arno Mosikyan
May 01, 2019 rated it it was amazing  ·  review of another edition
some excerpts

"Equality is a very big idea, connected to freedom, but an idea that doesn’t come for free. If we’re serious, we have to be prepared to pay the price. Some people will say we can’t afford to do it …. I disagree. I think we can’t afford not to do it.

When the preconditions of basic infrastructure (roads, power, and ports) and human capital (health and education) are in place, markets are powerful engines of development. Without those preconditions, markets can cruelly bypass large pa
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Doigt
Sep 10, 2007 rated it it was ok  ·  review of another edition
Oh Jeff...can I call you Jeff? No? Ok. Dr. Sachs, you're ideas are way too lofty and boring, but you're really enthusiastic about them so everyone likes you. I only think you're OK. What happens when all of Bono's money goes into the pockets of corrupt dictators? Will he be able to afford more sunglasses so he can continue to have pictures of himself taken with brown kids in the bright African sun? I think he will. Meanwhile, entrepreneurs in those bright African places will continue stay stagna ...more
Brady
May 27, 2014 rated it it was ok
As someone with a passion for helping the poor, I thought this book would be a worthwhile read. However, I walk away feeling like I listened to a broken record for the entire book.

Sachs' main thesis in my opinion is that poor countries need a fresh start via debt cancellation, coupled with an injection of ODA provided by the world's rich countries. He illustrated this argument 500 times in a variety of ways. His style was too confrontational and "I know best" for my liking. After hearing "me",
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David Johnson
Aug 28, 2008 rated it really liked it
Generation X seems to have missed out on causes greater than ourselves. The Greatest Generation had World War II. The baby boomers had efforts to overcome racial discrimination and end the war in Vietnam. Gen X'ers have enjoyed economic prosperity and although there were events going on in the world where we should have stood up and rallied the nation around the need to do the right thing (ending genocide in Bosnia, Rwanda, and Darfur come to mind), we opted to continue the materialistic pursuit ...more
Anders K.
Jan 18, 2013 rated it it was ok
Shelves: nonfiction
Note: Old review. TEOP may be canon in the development field but should merely be read as a starting point, or perhaps a snapshot of development theory in the early 2000s from a simplistic liberal econ perspective.
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I strongly believe that this is an important book to read for everyone of our generation. Although Sachs at times seems like an ideologist, I share his sentiments and I am grateful for how his book portrays that ending extreme poverty is within our grasp- and probably
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H Wesselius
Jul 26, 2011 rated it it was ok
I was more impressed by this book than I thought I would be. My distaste for Jeffery Sachs stems from his intervention in Eastern Europe specifically Poland where I thought his "shock therapy" was unnecessary and determintal to people as much as it was good for macroeconomic statistics. His blase dismissal of the middle age workforce he acknowledged was disrupted and hurt by his policies did little to impress me. The first part of the book recounts his Polish and other experiences and are far mo ...more
Kristin
Jan 04, 2008 rated it really liked it
A new way to think of global economics, for sure. I need some time to process his concept of capitalism with a heart as the best vehicle for social justice. I can respect the way Sachs tries to find a middle ground between dog-eat-dog free-market systems and closed authoritarian systems. A little repetitive at the end and not super well-written.
Izzie
Sep 13, 2017 rated it liked it
I found Jeffrey Sachs' The End of Poverty to be extremely enlightening and informative on the issues of poverty, globalization, and the issues developing countries face that prevent them to achieve the first steps towards economic development. I'll admit to having no prior knowledge or experience in this area, especially in economics. There were parts of the book where I became confused by the data explained and density of the writing, but, in general, Sachs' ideas are easy to comprehend and c ...more
Patrick
Sep 11, 2013 rated it really liked it
A rallying whimper

JDN 24565554 PDT 20:54.

A review of The End of Poverty by Jeffrey Sachs

This should have been one of the greatest books ever written. It should have been the rallying cry for a radical new approach to global development, a seminal advance in what it means to do economics—it should have been quite literally a book to save a billion lives.
And make no mistake, Jeffrey Sachs has a project that really does have the potential to have that kind of impact. But The End of Poverty doesn't
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Amanda Kettler
Jul 17, 2019 rated it it was ok
I read this book several years ago as an undergrad and picked it up at a garage sale to re-read. Although I do think several of Sachs ideas have merit, I couldn’t get over some of the language he used to describe African countries. In addition to painting a very general picture of the continent, I found his description propagated the narrative of Africa being a “dark” continent in need of “saving”. To his credit, he has done some very important work - especially related to health (HIV/AIDS) but ...more
Allison Olson
Jan 20, 2018 rated it liked it
Well written and intriguing, but I was looking for more of a boots on the ground directive of how to help those in poverty. This does give a great overview of the history and the situation and the fix.
Paul
Sep 03, 2019 rated it liked it  ·  review of another edition
The book epitomizes a top-down, experts-know-best approach to international development. Sachs is knowledgeable, but oh so arrogant. Read this in combination with William Easterly's The White Man's Burden, just to get a little balance. Sachs' fawning praise for the celebrities and politicians who either wrote reviews for the book or retain him as an expert consultant is particularly distasteful. That said, it's worth reading.
Jeanette Lukens
Apr 15, 2020 rated it really liked it
This reads like an autobiography, which seemed a little bit strange, but it is very impressive what Sachs has participated in and accomplished. I think the most interesting and may be poignant Takeaway was how often and consistently there exists prejudiced against those in poverty.
Praneesh K
Feb 26, 2018 rated it liked it
Quick primer on development economics.
Kuljinder Singh
May 22, 2017 rated it really liked it
very outstanding book , thoughtprovoking and informative
John Willis
May 17, 2017 rated it really liked it
Very powerful book, Sach's is very passionate on the topic of world poverty and how billions of the world's population is living on less than $1 a day. He details policies and ideas that have been tried and those that he believes can work to end world poverty. It is amazing to me that an book by an economist can come across as more christian and how do we help the poor and disadvantaged than a lot of christians that I come in contact with on the same subject. Well written book and it gave me a n ...more
Ashna Kumar
Aug 28, 2018 rated it really liked it
ACKNOWLEDGEMENT

“Any accomplishment requires work and effort of many people.” This book review is no different. We ‘Group-29' has reviewed the book “End of property by Jeffery D. Sachs “.Working on this assignment was a source of immense knowledge to us. The entire work is done by six members: Abhishek, Aditya, Akriti, Ayushi, Ashna & Giti. We would like to express our sincere gratitude to Dr. Mala Reddy and Akash Sondhi for their guidance and valuable support throughout the entire course. We ack
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Jamie
Jan 16, 2012 rated it really liked it
Sachs focuses on the plight of the 1 billion people in extreme poverty, of which 20,000 perish each day. The book centers on the idea that we need to help the extreme poor to climb onto the ladder of economic development, which is currently out of their reach. Eight problems are noted that can cause a country to fail: Poverty trap (unable to accumulate capital per person), physical geography, fiscal trap (limited government resources), governance failures, cultural barriers (undermined rights of ...more
Ericka Clouther
This is a good book and it shares with us Sach's wealth of experience in international economics. The problem for me is that I read Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty first, and that book changed the whole way I look at politics and international development- it was mind-blowing. Sachs suffers from the comparison with kind of run-of-the-mill recommendations. ...more
Kafka
Jul 05, 2008 rated it really liked it
It is about macroeconomic solutions to end world poverty, written by one of the world's most influential economic advisors. Starts off with a global picture of poverty, then goes on to modern history from the Industrial Revolution on, in a economic/human development point-of-view. From this book one shall learn that geopolitics has had a lot do with why some countries are so well off while others just seem to keep on getting worse.

He explains why ODA in the past have failed, and why the World B
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Swapnil Nikam
Aug 28, 2018 rated it it was amazing
This review has been hidden because it contains spoilers. To view it, click here.
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Jeffrey David Sachs, is an American economist, public policy analyst, and former director of the Earth Institute at Columbia University, where he holds the title of University Professor, the highest rank Columbia bestows on its faculty. He is known as one of the world's leading experts on economic development and the fight against poverty.

Sachs is the Quetelet Professor of Sustainable Development
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7 likes · 1 comments
“The vast differences in power contributed to faulty social theories of these differences that are still with us today. When a society is economically dominant, it is easy for its members to assume that such dominance reflects a deeper superiority--whether religious, racial, genetic, cultural, or institutional--rather than an accident of timing or geography.” 14 likes
“Deep down, if we really accept that their lives - African lives - are equal to ours, we would all be doing more to put the fire out. Its an uncomfortable truth.” 4 likes
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