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
buy countries generally open sell trade
When countries open up to trade, they generally benefit, because they can sell more, then they can buy more. And trade has two-way gain.
above afford continued countries declined donor fall far per poor prices though
In 2001, the prices of medications have continued to fall rapidly, ... Even though antiretroviral drug prices have declined to around $500 per year, this is still far above what poor countries can afford without donor assistance.
believed change consensus countries early economies late market open people within
As of the late 1980s and early 1990s, a kind of professional consensus arose in Washington. It was called a consensus for the world, but how many people really believed all of it is an open question. A consensus came, at least within Washington, about how countries should change from non-market economies to market economies.
aid countries deserve food form grow help increased require
Countries like Malawi need, require and deserve the increased help of the international community, not only in the form of food aid but in the form of help to grow more food.
amazing countries cut developing essential exporting goods progress purchase rest truth
The essential truth for developing countries is, if you try to live by yourself, you will cut yourself off from the amazing progress of world technology. You won't be able to purchase the goods that you need from abroad, because you're not exporting to the rest of the world. You have to be part of the world system.
anybody concern feign heard last president time vice word
When is the last time anybody heard Vice President Dick Cheney even feign a word of concern for the world's poor?
action continue global high national rhetoric risks security stability states united
If we continue this combination of high rhetoric and grossly insufficient action, I think the risks to (the United States ') own national security ... and the risk to global stability are very real.
conditions current dangers financial proper results
My sense is that the IMF does not have a proper modus operandi for the current conditions in the world. They misjudge rhetorically. They misjudge tactically. They misunderstand the dangers of financial panic, and the results are terrible.
expand interest lower money possible rates supply worrying
If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold.
fresh
Let's start fresh with Russia on some real help and some real reform.
actions almost authority aware counted gap government meet needed nobody senior treasury
Senior development specialists in the Treasury can be counted on one hand. America's government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments.
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.
apply donors food four government helped helping hungry improved last low malaria millennium people planting practical private produced project seeds seem support took village western year
we took on as a project helping a village in western Kenya. It was 5,000 hungry people beset with malaria and AIDS. And we said, 'let's apply the recommendations of the Millennium Project in this village with the support of a private donor, because government donors don't seem to do such practical things.' And we helped them get improved seeds and some fertilizer for the planting season. That's all. Very low cost. They produced four times more food this year than last year.
knows move
I think it is an 'in-your-face' move and who knows what's going to happen,