Can the West Help the Rest? A Review Essay of Sachs’ the End of Poverty and Easterly’s the White Man’s Burden

The Journal of Private Enterprise, Vol. 25, No. 1, pp. 125-140, 2009

17 Pages Posted: 19 Nov 2010

See all articles by Arielle John

Arielle John

George Mason University - Department of Economics

Virgil Henry Storr

George Mason University - Department of Economics; George Mason University - Mercatus Center; University of Arizona Center for the Philosophy of Freedom

Date Written: January 1, 2009

Abstract

The rival opinions expressed by Jeffrey Sachs in his book The End of Poverty and by William Easterly in The White Man’s Burden epitomize the dichotomy in the economics literature regarding the role of foreign aid in eliminating extreme poverty. On the one hand, the majority of governments see aid as a solution to ending poverty in developing countries. On the other hand, a growing body of research rejects the simple notion that aid leads to growth. This paper explores both Sachs’ and Easterly’s conclusions as a way of framing the contemporary debate on foreign aid and its role in alleviating poverty. Although The End of Poverty and The White Man’s Burden raise interesting questions about the West’s obligation to the Rest, there are problems with both of their analyses of past aid efforts and with the policy prescriptions that they advocate. Given the failure of decades of aid efforts, and recent studies demonstrating that foreign aid can actually retard economic growth in recipient countries, there is reason to be skeptical that we in the West can do much to help those in the Rest.

Keywords: Foreign Aid, Poverty, Developing Countries, Sachs, Easterly

JEL Classification: F350, I300, O190

Suggested Citation

John, Arielle and Storr, Virgil Henry, Can the West Help the Rest? A Review Essay of Sachs’ the End of Poverty and Easterly’s the White Man’s Burden (January 1, 2009). The Journal of Private Enterprise, Vol. 25, No. 1, pp. 125-140, 2009. Available at SSRN: https://ssrn.com/abstract=1711277

Arielle John

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States

Virgil Henry Storr (Contact Author)

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States

HOME PAGE: http://virgilstorr.org/

George Mason University - Mercatus Center ( email )

3434 Washington Blvd., 4th Floor
Arlington, VA 22201
United States

HOME PAGE: http://virgilstorr.org/

University of Arizona Center for the Philosophy of Freedom ( email )

Department of History
Tucson, AZ 85721
United States

HOME PAGE: http://virgilstorr.org/

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