Jeffrey Sachs: Extreme Poverty Can Be Eradicated By 2025

Jeffrey Sachs:

The world has found trillions of dollars in financial bailouts and squandered trillions more in war and military outlays. Yet it has not been able to meet extremely modest targets to help the poorest of the poor to survive and to begin the climb up the ladder of development. In recent years, Wall Street bonuses have approximately equalled total U.S. aid to developing countries, and have far outstripped U.S. aid to Africa.

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