The New York Times > Magazine > Spend $150 Billion Per Year to Cure World Poverty

The New York Times > Magazine > Spend $150 Billion Per Year to Cure World Poverty:

"Ethiopia and sub-Saharan Africa have slid deeper into poverty in the last 20 years, and whereas many economists stress the failures of local leadership, Sachs is telling a different story. In his version, Africa, through no fault of its own, is trapped. Held back by geographical impediments like climate, disease and isolation, it cannot lift itself out of poverty. What Africa needs, then, is not more scolding from the West. It needs a ''big push'' -- a flood of foreign aid -- to boost its prospects and carry it into the developed world."