Page 7 - End Of Development News Today : Breaking News, Live Updates & Top Stories | Vimarsana

When I was in high school, my economics class read The End of Poverty by Jeffrey Sachs. The book is a passionate appeal to help those living in the worst poverty in the world. Sachs writes that we should not worry too much about the people in second-to-last place, such as the poorly paid workers in labor-intensive industries who were then the focus of considerable debate and activism on U.S. college campuses. Sweatshop workers, Sachs conceded, were on the bottom rung of the ladder. But subsistence farmers were not on the ladder at all. Once we helped them get a foothold, they could begin ascending from textiles all the way up to high tech. I internalized Sachs’s argument, sensing it would help me feel better about the world we live in.

United statesUnited kingdomRostovskaya oblastWorld bankDistrict of columbiaSouth koreaOlivier blanchardRichards newfarmerJeffrey sachsTim barkerAmit bhaduriArkebe oqubayPoonam guptaJim yong kimLarry samuelsonBarry eichengreen