The End of Poverty
by Jeffrey Sachs · first published 2005
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A landmark exploration of the way out of extreme poverty for the world's poorest citizensAmong the most eagerly anticipated books of any year, this landmark exploration of prosperity and poverty distills the life work of an economist Time calls one of the world's 100 most influential people. Sachs's aim is nothing less than to deliver a big picture of how societies emerge from poverty. To do so he takes readers in his footsteps, explaining his work in Bolivia, Russia, India, China, and Africa, while offering an integrated set of solutions for the interwoven economic, political, environmental,
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…has also given a TED talk). Trying to make grand, blanket statements or generic judgements about aid as a whole, is a flawed exercise. Duflo holds up two books as the prime examples of this fallacy: The End of Poverty by Jeffrey Sachs, and White Man's Burden by Will Easterly. Fixating on big-questions and big-answers clouds thinking and hampers action. Instead, Duflo teaches a clinical approach as infinitely more…
on “The Charitable-Industrial Complex” ↗A book by Jeffrey Sachs, The End of Poverty, argues in favor of this approach where, wealthy individuals or nations help write off debt of poorer countries. The cost of servicing this debt is often crushing enough that no meaningful uplifit is…
on “Bill and Melinda Gates Are Paying Off Nigeria's $76M Debt to Japan” ↗…downloadable so just check the numbers yourself. The references makes it clear that the original figure is $175 billion spread out over two years and is produced by economist Jeff Sachs. His book "The End of Poverty: Economic Possibilities for Our Time" probably contains details on how it was calculated.
on “Annual income of richest 100 people enough to end global poverty four times over” ↗