This book explains the pitiable conditions of those people who are living their life in abject situation. We are living in day light compartment and still felling that we are poor. Once Jaggi Vashudev remarked on poverty, " We think at every night what to eat and think of those people who think at every night whether to eat or not." This is a blot o the faces of so called developed nations who are crawling to say we are doing development works in Africa. Where the hell is your work going. Only you are selling your products and creating your market there nothing else.

http://domestic-lynx.livejournal.com/...

Рассуждения Сакса вплотную подводят к необходимости новой версии колониализма. Колониализма на новом витке исторической спирали. Этот новый колониализм есть диалектическое отрицание того нео-колониализма, который есть сегодня, и в качестве отрицания отрицания – на горизонте возникает новый колониализм - отчасти повторяющий некоторые черты того, давнего, колониализма, а отчасти представляющий собою новый этап развития.
...Вообще-то с толком эксплуатировать – тоже уметь надо, и не всякий это сможет. Они относились к чёрным как к людям второго сорта, это несомненно. Англичане жили обособленно и с чёрными не смешивались. А вот французы, испанцы, португальцы – смешивались с местными. Испанцы в Южной Америке настолько мешались, что образовали новые народы. Португальцы в своих африканских колониях смешивались, женились на местных, а вот англичане держались особняком, как особые люди.
В Южной Африке рассказали. Англичанин-плантатор никогда не давал распоряжений неграм. Для этого у него были «менеджеры среднего звена» – индусы. Вот им он и давал распоряжения. И дело шло.
...Неоколониализм – это когда все обязательства по организации жизни сброшены, а ресурсы продолжают выкачивать.

A seminal book in the development field, but a bit outdated now. The views he was just starting to develop and put into action at the time of writing this book didn't quite work out as planned. But even if I didn't have that perspective, there are some errors in the book (including numerical, which is surprising for an economist), questionable data selection without justifying the exclusions, and way too many tables with numbers when other formats would have been more clear. Worth a read if part of discovering the context of how economics for sustainable development has evolved, but if this is the only book you're going to read on the topic there are better options.

This book basically summarized four years of my development studies education. I like how Sachs is able to fit it all into a relatively short, easy read, and hope that the book will help to mainstream some ideas about development economics that are usually relegated to the World Bank and development academics. The book is inspiring and pragmatic at the same time, though I wonder about the world ever being efficient enough to achieve the goals set in the book. "Foreign assistance is not a welfare handout, but is actually an investment that breaks the poverty trap once and for all."

By bashing the rich, it's tough to get people up on the supposed ladder... rich create jobs and poor get that. However, it is up to the policy-makers and those money-mongers, corrupts sitting on the higher ranks in the hierarchy of the United Nations and other organisations supposedly working to 'make the world better' to do something meaningful. Reading this book in the light of the COVID pandemic makes much sense – what can we rely on? Redundant to an extent and yet having some gold-standard arguments.

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 a lot simpler than we think. His experiences weave a compelling narrative which provides generalized but valuable lessons on development work. His check-list approach to the causes of (and solutions to) poverty is widely discredited for being overly simplistic and essentializing, and many disagree with his old 'shock therapy' approach (which he has supposedly distanced himself from in later years), but 'The End of Poverty' remains an important starting point in the development studies literature.

I might have liked the book better if I had gotten an edition without a preface by Bono Vox.

very outstanding book , thoughtprovoking and informative

Sachs is much criticized for his egoistic delivery, yet the book sounds insightful in its description of poor countries, their plight of poverty trap, and the unequal distribution of global wealth. He starkly blames developed nations for this inequality and appeals them to make difference through offering poor countries the opportunity to climb the “ladder of development”. Here is how the opportunity should be granted, according to Sachs.

Firstly, he appeals developed countries to cancel the debts given to poor countries simply because these paralyzing debts just cannot be repaid and even aggravate the costs of borrowing and financing. He requests developed nations to go the extra mile to offer modest developmental aids in addition to debt cancellation.

Secondly, poor countries should be given opportunities to participate in the global exports and free trade. This gives them the chance to sell goods to developed nations - the hard climbing process on to the “ladder of development” could begin here for poor countries, as Sachs explains.

He further suggests that the medicinal and agricultural science need to focus on the problems faced by poor countries too – for example, dengue fever is still an area less researched and resolved while diabetes is quite the opposite since it is a disease affecting developed nations as well. Similarly, he asks developed nations to bear greater responsibility for climate change quoting African continent which emits little carbon dioxide and consumes less energy, but the continent is unfairly affected by the global climate change.

The author’s equitable suggestions to end poverty seem insightful, but how to bring those developed nations agreed on this shared objective still appear gloomy. Definitely a good read.

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 acknowledge with a deep sense of gratitude and encouragement from our faculty members and classmates.

“Poverty is not a fate, it is a condition; it is not misfortune, it is an injustice”

In today’s time much of the people are dreaming of a poverty free world as it has been a serious and a long lasting issue since years. The test of our progress is not whether we add more to the abundance who have much; it is whether we provide enough for those who have too little. Similarly, this book talks about the scholarly expertise and experience to argue extreme global poverty which can be eliminated by the year 2025 i.e. if the wealthy nations of the world truly wish to do so.
Sachs says the initial step ought to be to increment outside guide in a way that would give a more prominent come back to private venture. Once these speculations are made, private business visionaries will acquire a more noteworthy rate of profit for their organizations, activating business sector drove monetary development. He subtle elements a multidimensional arrangement for global mediation that goes past basic market financial matters - including human capital, business capital, normal capital, open institutional capital, learning capital and foundation. In these pages Sachs' technocratic energy rises over. At a certain point he composes that the greater part of the difficulties of extraordinary destitution ''can be met, with known, demonstrated, solid and suitable advances and intercessions.'' He puts forth a ground-breaking defense: the sorts of innovations he calls for incorporate composts, cellphones, antiretroviral AIDS medications and antimalarial bed nets.
For skeptics who question whether the universal network has the will to achieve such a great undertaking, Sachs brings up that worldwide endeavors on this scale have prevailing previously: the annihilation of smallpox and the Green Revolution in Asia are cases. He additionally noticed that his proposed yearly spending plan is still not as much as the promise made by the created world at the 2002 Monterey Summit to give 0.7 percent of its total national output to advancement help.
Sachs' evangelist enthusiasm is irresistible, yet the defects in ''The End of Poverty'' should sound essential notes of alert. There is, for a certain something, the matter of Sachs' conscience. Any individual who can compose that ''as a youthful employee, I addressed generally to high recognition, distributed comprehensively and was on a quick scholastic move to residency, which I got in 1983 when I was 28'' unmistakably does not have the endowment of modest representation of the truth. This confidence in his own particular capacities is the thing that permitted him, as a relative newcomer to improvement financial matters, to pronounce that he had discovered the response to extraordinary worldwide destitution where other people who had dedicated their lives to it have fizzled.
Be that as it may, long-term specialists in the field who read this book may feel a solid feeling of history repeating itself. They should. A lot of Sachs' contention can be summed up in this section from Walt W. Rostow's book ''The Stages of Economic Growth,'' written in 1960: ''The formation of the preconditions for departure was to a great extent a matter of building social overhead capital - railroads, ports and streets - and of finding a monetary setting in which a move from horticulture and exchange to fabricate was gainful.'' Sachs fails to specify the degree to which the Rostow demonstrate overwhelmed dialogs of improvement in the 1950's, 60's and 70's. Yet, in that period, waste and defilement filled out United Nations offices and beneficiary governments while doing next to no for poor people. As the advancement master William Easterly has watched, Sachs' attempt to close the deal has been made before, and the outcomes were pitiful. Somewhere else, Sachs oversells or repudiates his own particular contentions. On the topic of AIDS avoidance, for instance, he triumphantly refers to an ongoing article to contend against the theory that Africans take part in more sexual action outside of marriage than is the situation in different societies. Sachs' declaration, while politically right, is missing the goal. The plain article he refers to proceeds to state that as a result of ''the significantly higher number of total sexual acts'' with only one parent present in nations like Uganda, the probability of H.I.V. transmission is significantly more prominent in Africa. Moreover, these sexual practices make handy solution arrangements - like advancing condom utilize - significantly less successful.
Also, Sachs expels commentators who contend that culture is a critical factor in clarifying neediness even as he surrenders that religious and social conventions have kept ladies from instructing themselves, which thusly has impeded improvement. He recognizes that legislatures ought not to put resources into business capital: ''When governments run organizations, they have a tendency to do as such for political instead of monetary reasons.'' But he neglects to consider exactly how much this announcement applies to everything governments run. His implicit supposition is that administrations as degenerate as Nigeria's or Kenya's would assign wellbeing or training interests in a nonpolitical way.

Sachs additionally says things that may distance potential partners. He wisely watches that before, bolster from America's religious right has been vital for empowering outside guide. In the meantime he hates ''silly scriptural prescience,'' which, he says, ''is frightening for those of us who might preferably utilize judiciousness than scriptural prediction to decide U.S. outside approach.'' This is not really the sort of remark computed to win Christian moderates to his side. It's very far-fetched that Sachs' proposition will ever be embraced in full. But then, is there some other method for burning through $150 billion a year that would decrease outrageous destitution all the more successfully? Regardless of whether ''The End of Poverty'' is just half right, the result would be tremendous: in excess of 500 million individuals made a difference. Sachs hasn't discovered a beyond any doubt thing. In any case, that doesn't mean his wager ought not to be made.

For instance, while recognizing that defilement and poor administration in low-pay nations must be survived if help is to be powerful, he uncovered the dissatisfactions looked by moderately all around administered nations, for example, Ghana, who in spite of their very much contemplated national techniques are still stonewalled by an absence of global office bolster. The deplorability of HIV/AIDS rose, all things considered, in conditions where wellbeing spending plans in many nations in sub-Saharan Africa were overshadowed by obligation reimbursement commitments to rich nations (a sharp differentiation to how the US had given help to post– World War II remaking through the Marshall Plan, as is distinctly exhibited).
The methodical disappointment of rich nations to satisfy their guarantees may eventually remain the most crucial shortcoming of the pronouncement that Sachs has created. It is hard to have confidence in the practicality of the world's intense all of a sudden taking up his medicines when these same nations so disappointingly moved far from looking up to their responsibility for destroying neediness and meeting Millennium Development Goals at the UN's Summit and the G8 meeting in 2005. Sachs invests little energy considering how other worldwide powers might be required to weight a move in approach, as was seen at the round of universal exchange talks in Cancun when low-and center wage nations declined to acknowledge the motivation being advanced by the world's well off, for example, assist limitations on global property rights. Also, there is nary a specify of nations, for example, Cuba that have opposed customary improvement models and gave phenomenal wellbeing results notwithstanding powerless financial development. Another shortcoming of the book is the normal routine with regards to a storyteller setting himself in a positive light and staying away from self-basic evaluations. In asserting triumph for the fruitful vanquishing of hyperinflation in Bolivia, for instance, Sachs treads gently on the extreme auxiliary issues of destitution that hold on, frequently irritated by the privatization that his strategy proposals advanced.
In spite of its restrictions, The End of Poverty makes an imposing commitment to our comprehension of the abberations that assault our 21st-century world, and an update that the potential for change exists on the off chance that we can gather the essential political will. The outrageous poor need not generally be with us all things considered.

The key, Sachs says, lies more in the money related responsibility of the rich nations than in the fixation on misrule advanced by the United States, Britain and others. Shockingly, in spite of Blair's guarantees to put Africa all important focal point at the G8, and the Make Poverty History coalition's admonishments, these cures are not quite offer, basically in light of the fact that the US doesn't get them. Contrasted with the less conspicuous however more extensive Africa Commission, an assemblage of African heads of state and other people who contemplated for a year and revealed a month ago in some detail on how best to enable Africa to build up, Sachs' answers appear to be thin. The Africa officials, as well, look for all that he needs, however they perceive that other significant issues, for example, struggle, the assault of assets, natural debasement, privatization, multinational organizations, populace increments and urban ghettos must be thought about as well. In the meantime, Bono, who trusts Sachs is a standout amongst the most imaginative and wonderful individuals on the planet, is regularly liberal, contributing an enthusiastic foreword indicating how this age can end the degenerate connection between the ground-breaking and the weakest parts of the world. In any case, with deference, that isn't indistinguishable thing from terminating all outrageous neediness.
Finally we can conclude that,
ttt“The end of poverty is road map to a more prosperous and secure world”.


GROUP G29
Ayushi
Ashna
Giti
Abhishek
Aditya
Akriti

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 I do think the way he speaks about poverty contributes to a colonial/white saviour narrative.

Equal parts hopeful and discouraging. It's slightly dated and I'm curious to read more current literature on poverty eradication. I would assume that we've taken a step backwards on the worldwide poverty front because of the growing gap between rich and poor, the rise of nationalist sentiment and conservative leadership in the USA. The good news is we still have hope and people still care. Time for us to make ending poverty a priority.