http://www.hunsrueck-tv.de
In his book, The End of Poverty, Jeffrey Sachs made some careful estimates as to what it would cost to end extreme poverty in the world in about twenty years.
To end extreme poverty worldwide in 20 years, Sachs calculated that the total cost per year would be about $175 billion. This represents less than one percent of the combined income of the richest countries in the world.
In fact, this cost is 0.7% of the total income of the 30 countries who comprised the Organisation for Economic Co-operation and Development (OECD) in 2005 when Sachs wrote The End of Poverty.
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