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ExchangeEveryDay
Date: April 21, 2005
Issue: 1234
http://www.childcareexchange.com
"Cherish forever
what makes you unique, ‘cuz you’re really a yawn if it goes!" - Bette Midler
The End of Poverty
The title of Jeffrey Sachs' book, The End of Poverty: Economic Possibilities
for Our Time (New York: Penguin Books, 2005) can't help but be enticing
to anyone concerned about inequities in the world. The Washington
Post (March 13, 2005) was intrigued as well, but gave this mixed review:
"Jeffrey D. Sachs' guided tour to the poorest regions of the Earth is enthralling
and maddening at the same time -- enthralling, because his eloquence and compassion
make you care about some very desperate people; maddening, because he offers solutions
that range all the way from practical to absurd."
Despite the Post's concern, we found the book to be of high value in putting poverty
in perspective. For example, Sachs observes:
"The good news is that well more than half of the world, from the Bangladesh
garment worker onward, broadly speaking, is experiencing economic progress. Not
only do they have a foothold on the development ladder, but they are also actually
climbing it. Their climb is evident in rising personal incomes and the acquisition
of goods such as cell phones, television sets, and scooters. Progress is
also evident in such crucial determinants of economic well-being as rising life
expectancy, falling infant mortality rates, rising educational attainment, increasing
access to water and sanitation, and the like.
"The greatest tragedy of our time is that one sixth of humanity is not even
on the development ladder. A large number of the extreme poor are caught
in a poverty trap, unable on their own to escape from extreme material deprivation.
They are trapped by disease, physical isolation, climate stress, environmental
degradation, and by extreme poverty itself. Even though life-saving solutions
exist to increase their chances for survival -- whether in the form of new farming
techniques, or essential medicines, or bed nets that can limit the transmission
of malaria -- these families and their governments simply lack the financial means
to make these crucial investments. The world's poor know about the developmental
ladder: they are tantalized by images of affluence from halfway around the
world. But they are not able to get a first foothold on the ladder, and
so cannot even begin the climb out of poverty."
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Received on Thu Apr 21 15:44:54 2005