Jeffrey Sachs
Jeffrey Sachs
Jeffrey David Sachsis an American economist and director of The Earth Institute at Columbia University, where he holds the title of University Professor, the highest rank Columbia bestows on its faculty. He is known as one of the world's leading experts on economic development and the fight against poverty...
NationalityAmerican
ProfessionTeacher
Date of Birth5 November 1954
CountryUnited States of America
chasm crisis crossed difficult economic economy financial market parts requires whether
For many parts of the world, the chasm that has to be crossed to get from where they were, whether it's a dictatorship, economic collapse, financial crisis or all of the above, to the other side, that is a working market economy and a functioning democracy, is extraordinarily difficult and requires help.
candidates experience forward time
It's time for other candidates to come forward that have experience in development.
crisis donors handle immediate
I want the donors to think ahead, not just handle the immediate crisis,
cannot poverty terror war won
The war on terror cannot ever be won if the war on poverty isn't won,
capital markets obviously volatility
The volatility of international capital is obviously destabilizing markets today.
based bit cyclical economy-and-economics explain hard historical market possible quite sound stock values wonderful
The U.S. has a sound economy. It also has a cyclical economy. It also has stock market values right now that are hard to explain on historical norms. While it's always possible that everything can be based on the new economy, it's also quite possible that we're doing a little bit of exaggeration in just how wonderful things are.
debt doubt needs percent possible soon speed
There is no doubt that Malawi needs 100 percent debt cancellation as soon as possible, and I will do everything possible to speed that up.
deal debt era face forgive great money question russia soviet
We're going to have to forgive a great deal of the Soviet era debt. There's no question about that. Let's face up to that. We're going to have to put in money if Russia is really going to consolidate a democracy.
fighting wars wrong
We're fighting all the wrong wars in this country.
continue costs greater infected million past shocking today until vastly waited
We've waited 20 years, until we have 36 million infected in the world, before we've started to do something, ... It's shocking how we've let this go on. And costs of intervening today are vastly greater than they would have been in the past and they'll be greater if we continue to dither on this.
alone cut local markets places trade visit
Trade is important, but I visit places that are so cut off from world markets that they aren't really part of the local economy, let alone the world economy.
aid days debt demands early fictional hook ran russia until western
We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program.
The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves.
came campaign corrupt corruption government helped increased money pay practices returned
A lot of the old apparatchiks came back in, and corruption really dramatically increased in '94/'95, particularly around Yeltsin's re-election in 1996, when the government used corrupt practices to give money to business, part of which was returned to the campaign coffers, and helped pay for Yeltsin's re-election.