The White Man's Grow Summary
White Man’s Burden
William Easterly points out in his book why international aids has failed to date because agencies involved in it plans to tackle large problems at small scale , such as total poverty eradication and food to all mouth. Later these same ideals become policies of World Bank, IMF and UNSECO. Easterly brings out a vital point that these policies are meant keeping the perception of rich not the one who desperately needs it.
Easterly makes a division of world into two categories “Planners and searchers” Planners are the in charge of the funds but problem arises when these planners fail to execute their objective. Planners have always good intentions but not enough motivation …show more content…
One of his goals is nation building with investments from richest countries. Sachs believes that once a nation’s infrastructure built poverty will vanish too. Though Sachs has some practical options to eradicate poverty but they tend to be a short term plan rather than long term. His work leaves out a void for long term efforts and sustainability. One of the pitfalls in his writings is the inability to adapt with needs. Sachs process uses a source of poor information which cannot identify the true needs. Sachs argues that there a huge lack of funds to deal with all poverty related problems. Sachs contends that more the money is generated with his process the more poverty could be eradicated. Sachs and Easterly advocates about changing the policies of funding in IMF and World Bank. . Escobar had similar views; he argued that funds must be injected into local INGOs but through top …show more content…
To some degree it seems that Sachs blames the impoverished countries for their plight. Sachs argues that there is a need of “BIG PUSH” in terms of financial capital as aid to end global poverty but these concepts are similar to the failures of economic development in the 50s and 60s. Sachs believes that poverty could end by 2025 but he included extenuating factors which might hamper the progress. Situations like dysfunctional government, war, natural disaster, people’s inability to use the aid effectively and wide spread disease. Rather on the other hand Easterly feels the best way to tackle huge influx of money is to take piecemeal approach rather than large-scale planning exercise presented by
William Easterly points out in his book why international aids has failed to date because agencies involved in it plans to tackle large problems at small scale , such as total poverty eradication and food to all mouth. Later these same ideals become policies of World Bank, IMF and UNSECO. Easterly brings out a vital point that these policies are meant keeping the perception of rich not the one who desperately needs it.
Easterly makes a division of world into two categories “Planners and searchers” Planners are the in charge of the funds but problem arises when these planners fail to execute their objective. Planners have always good intentions but not enough motivation …show more content…
One of his goals is nation building with investments from richest countries. Sachs believes that once a nation’s infrastructure built poverty will vanish too. Though Sachs has some practical options to eradicate poverty but they tend to be a short term plan rather than long term. His work leaves out a void for long term efforts and sustainability. One of the pitfalls in his writings is the inability to adapt with needs. Sachs process uses a source of poor information which cannot identify the true needs. Sachs argues that there a huge lack of funds to deal with all poverty related problems. Sachs contends that more the money is generated with his process the more poverty could be eradicated. Sachs and Easterly advocates about changing the policies of funding in IMF and World Bank. . Escobar had similar views; he argued that funds must be injected into local INGOs but through top …show more content…
To some degree it seems that Sachs blames the impoverished countries for their plight. Sachs argues that there is a need of “BIG PUSH” in terms of financial capital as aid to end global poverty but these concepts are similar to the failures of economic development in the 50s and 60s. Sachs believes that poverty could end by 2025 but he included extenuating factors which might hamper the progress. Situations like dysfunctional government, war, natural disaster, people’s inability to use the aid effectively and wide spread disease. Rather on the other hand Easterly feels the best way to tackle huge influx of money is to take piecemeal approach rather than large-scale planning exercise presented by