StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

International trade- Review - Book Report/Review Example

Comments (0) Cite this document
Summary
THE END OF POVERTY: ECONOMIC POSSIBILITIES FOR OUR TIME Insert Name University Affiliation A book review for the End of Poverty: Economic Possibilities for Our Time by Jeffrey D. Sachs The book is partly an autobiography that documents consulting done by Sachs in countries facing economic crises…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.9% of users find it useful
International trade- Book Review
Read Text Preview

Extract of sample "International trade- Review"

Download file to see previous pages The economic experience that Sachs acquired on the ground in fighting poverty led to his occasional confrontations with the International Monetary Fund whose policies on poverty eradication he considered unsuitable for the problems they were intended to solve (Cabral, 2006). The main focus of the book however, is on the time Sachs spent in the sub-Saharan Africa where he encountered extreme poverty, disease and malnutrition on a scale that he had never seen previously and was appalled by the little concern shown by the international community in helping Africans get out of the state of poverty and destitution. In the last third of the book, Sachs makes a practical case of well funded and globally coordinated program that targets improvement in infrastructure, education and health in order to eliminate all cases of extreme poverty from the world by the year 2025. The program is a logical projection from the Millennium Development Goals, in which the United Nations intended to reduce extreme poverty by half come the year 2015. The proposal by Sachs is ambitious, bold and worthy. However, according to Cooper (2006), the book pays little attention to the obstacles that have been brought by civil disorder and which plague most of the poor countries in the world and especially in the African continent. The end of Poverty is a powerful, innovative and visionary book on ending extreme poverty in the world. The book is written in such a way that it approaches life with an egalitarian attitude that only focuses on the lowest rung in the development agenda. It is therefore misleading to consider the book as fostering the theme of social equality as claimed by Bono in the forward to the book. Of course, eradication of extreme poverty can be quite an accomplishment and relatively equalizing if considered against the basic right to life. However, with millions of people dying all over the world because of poverty, egalitarianism depicted as a global responsibility in the book only stops at the lowest rung of human development. Sachs (2005) insists in the book that markets are very important in driving development but only after the poor have been liberated from extreme poverty and empowered with basic knowledge and infrastructure. He then implies categorically that the intention is not to actually eliminate all poverty, equalize the income, or close the existing gap between the rich and the poor, but to end extreme poverty that has been preventing the poor to even fend for themselves or interact with the wider society. Sachs (2005) gives the book an approach of strong affiliation to benevolent neo-liberalism and promotes empowerment for all by advocating, with vengeance, for the need for development aid by the rich nations to the poor countries of sub-Saharan Africa. In order to place the subject matter of the book in appropriate context, the book traces the history of modern development as having begun with the European efforts towards civilizing their colonies. After civilization, the colonies set out to develop themselves basing their efforts on the European experience as the model. He then reviews the geopolitical segmentation that resulted in the western capitalists of the first world, the communist soviets of the second world and the previous poor European colonies whose inhabitants are non-Europeans forming the third world. He later traces the underdevelopment ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International trade- Book Review Report/ Example | Topics and Well Written Essays - 1500 words”, n.d.)
International trade- Book Review Report/ Example | Topics and Well Written Essays - 1500 words. Retrieved from https://studentshare.org/macro-microeconomics/1438209-international-trade-book-review
(International Trade- Book Review Report/ Example | Topics and Well Written Essays - 1500 Words)
International Trade- Book Review Report/ Example | Topics and Well Written Essays - 1500 Words. https://studentshare.org/macro-microeconomics/1438209-international-trade-book-review.
“International Trade- Book Review Report/ Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/macro-microeconomics/1438209-international-trade-book-review.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF International trade- Book Review

The Role Played by Cultural Difference in International Politics

The discourse of multiculturalism is inconsistent. To its advantages belongs preservation of cultural pluralism, recognition, and protection of the diverse minority, refusal from xenophobia, chauvinism, and racial prejudices. Lacks are shown in ethnisation of social relations, the institutionalization of cultural distinctions, ignoring the liberal principle of priority of the rights of an individual.

The culture of any nation, defining its spiritual uniqueness, expressing its creative power and abilities, simultaneously is a property of all mankind. “According to official multiculturalism, no individual is forced to retain his or her culture, but all cultures are granted a universal right to celebrate and even to...
9 Pages (2250 words) Essay

International Trade Theory

 Further to this, it is also believed that international trade can bring substantial economic welfare to the countries however still most of the countries do not view it as a favorable thing. Despite having a very promising and bright outlook, international trade has been largely viewed with suspension and it is because of this that governments impose barriers to restrict international trade. There can be many reasons behind this act of imposing restrictions or blocking international trade however there are also benefits on the other side too.

International trade has driven the attention of many of the brilliant minds in economics therefore the origins of the economic theory on international trade owe much to the c...
6 Pages (1500 words) Case Study

The Trade Union Movement in the UK

Before the ERA 1999, union membership and recognition in the UK were characterized by voluntarism, in which employers and employees could bargain over the terms and conditions of employment without any legal interference. With the statutory system ushered in by the new law, voluntary recognition of unions is no longer allowed and it becomes unlawful for British employers to deny recognition to unions under any circumstances. That conveys the impression that ERA created a radical change in British industrial relations. This paper takes the contrary view, however, and proposes that while the new industrial relations law looks revolutionary in principle, there are no fundamental changes in actuality for the change to qualify as &ldqu...
8 Pages (2000 words) Case Study

Globalization and International Business: Starbucks Corporation

The Small Business Encyclopedia defines globalization as the process by which the economies of countries around the world become increasingly integrated over time. This integration occurs as technological advances expedite the trade of goods and services, the flow of capital, and the migration of people across international borders (globalization, Answers.com).
The shreds of evidence of globalization are all around us. For example, Hill (2005) cites an example of an American driving a car designed and produced in Germany that was assembled in Mexico from components made in Japan fabricated by Korean steel and Malaysian rubber. The car is filled with gasoline from oil pumped from off the coast of Africa, at a service station o...
12 Pages (3000 words) Case Study

Potential Benefits of International Trade

..., S and Vidler, C. (2003). Heinemann Economics for OCR. Edition: illustrated. Heinemann. Moneyinstructor, (2009). Importance of International Trade. Retrieved 12th March 2009 http://www.moneyinstructor.com/doc/internationaltrade.asp Nelson, C.A. (2000). Import/export: how to get started in international trade. Edition: 3, illustrated. McGraw-Hill Professional. Riley, G. (2004). Edexcel A2 Economics 2005: Unit 6 Toolkit: UK in the Global Economy 2005. Tutor2u Limited. Sowell, T. (2007). Basic Economics: A Common Sense Guide to the Economy. Edition: 3. Basic Books. Yoffie, D.B. (1993). Beyond Free Trade: Firms, Governments, and Global Competition. Edition: illustrated. Harvard Business Press....
6 Pages (1500 words) Coursework

Critical Review of Goth: Identity, Style and Subculture by Paul Hodkinson

The allure from this standpoint is seen by the author. This report measures mainly the methodology that Hodkinson uses, which is grounded theory research, and the report also examines questions of fixed vs. flexible research. The findings of the research are briefly presented before the current research investigation concludes.

The Goth subculture is founded on principles of viewing some of what society outside this subculture, or mainstream culture, views as abhorrent or negative. There is some fetish tendency in this subculture towards the macabre and death, with face-paint style makeup and mourning clothing being prominent features of belongingness, which are certainly not reflective of mainstream fashion and makeup....
6 Pages (1500 words) Book Report/Review

Macroeconomics and Trade Policys

Keynes argued that prices and wages do not determine the level of employment, as many classical economists suggested, but instead the level of aggregate demand for goods and services (Case & Fair 683). Keynes realized as well during the Great Depression that the government could intervene in the economy to attain specific employment and output goals by either increasing or decreasing taxes and government spending.

For example, raising taxes will decrease the disposable income of households and thus effectively decreasing consumption. When the government decreases consumption, the household demand for goods and services decreases thus it would only seem reasonable that the amount of output that the economy would also...
7 Pages (1750 words) Article

International Law: Child Soldiers

Using children to fight wars is not only morally abhorrent but very bad very the physical and mental health of the children in question. That is in part why a series of international laws and treaties have come into effect to try to deal with this scourge. But the issue is more complicated than that. While child soldiers are victims of war crimes, they too can also perpetrate serious breaches of the law of armed conflict. Under normal circumstances, individuals who commit such acts, be they combatants or not,2 would be vulnerable to prosecution. However, because children in such situations are victims as well as perpetrators and because of the special protections afforded to children under international law, many have questioned w...
8 Pages (2000 words) Case Study

International Affairs v. Liberalism

As a matter of fact, Hoffman’s statement that “international affairs is the nemesis of liberalism” has a grain of truth in it and this is especially so after the 9/11 incident.
There are two schools of thought or perspectives that are used to view international affairs: liberalism and realism. The study of these two perspectives is significant to the idea posed by Stanley Hoffman because they determine the reasons why international affairs, according to him, does not only see eye-to-eye with liberalism but seems to stand on the opposing side of it.
Liberalism can be defined as having four elements: citizens; the legislature; property rights, and; a market-driven economy (Dunne 186). Realism, on the othe...
6 Pages (1500 words) Assignment

International Business: World Economic Forum and Davos 2010

... sense power consumption and power quality. A modest sheet of paper, 50,000 thinner than human hair, when stacked, nets a material 500 times stronger than steel and is changing the way airplanes, automobiles and electronics are made (Alpern, 2009). International Technological collaborations are taking place in the form of strategic alliances, joint ventures and intimate supplier-producer relationships. Such collaborations include activities such as joint development agreements, technology sharing and R&D contracts amongst others (Rycroft, 2002). ICT has pervaded every aspect of business and today the value chain depends on the use of technology to link the customers and suppliers. In the current dynamic and global markets, technology...
7 Pages (1750 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Book Report/Review on topic International trade- Book Review for FREE!

Contact Us