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16 August 2006

The End of Poverty, overly optimistic?

The latest Jeff Sachs' work 'The End of Poverty' promises good things to come by 2025, that extreme poverty will be substantially reduced.

This is largely in contrast with so many other popular economics works that portrayed a rather bleak future for humanity.

Such works as Joe Stiglitz's 'Globalization and Its Discontents', and other notable publications on the changing Geopolitical scenario 
and the uprising of extremis and terrorism depicted the insecure and uncertain future for mankind.

Likewise, the many international agenda, including Millennium Development Goals have been moving very slowly. 

Doha round of WTO has been stalled for over two years now, without any hope of a feasible compromise between the Developed Countries and the Least Developed Countries, or even among the DCs, notably Japan and the EU.

This is not to mention the total neglects of the US over Tokyo Protocol, the global threats of terrorism that destroys infrastructure and years of development (the case of Lebanon), the growing tension over oil business, Iran nuclear dispute and scores of other threats that may affect the efforts to reducing poverty and global economic development.

In short, The End of Poverty seems to offer more empty promises.

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