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
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.
views issues doubt
In my view, there is an urgent need to communicate with the public and help to explain where there is consensus, and where are there doubts about the issues of sustainable development.
knows move
I think it is an 'in-your-face' move and who knows what's going to happen,
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.
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.
battle country critical hope intense internal needs political pull rather unity
I would hope that Malawi would pull together. Rather than having such an intense internal political battle there could be unity in the country politically so that these critical needs can be addressed effectively.
amount best broader companies counting fit framework initiative interested learning places poorest private process provides technology tremendous
Most companies that are interested in working in the poorest places don't know how to do it right now, ... don't know how we fit in the broader scheme. This provides a framework where all of this makes sense. The private initiative can get this process going. I am counting not only on financing, but technology and ideas. There's going to be a tremendous amount of learning about best approaches.
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.
almost amount anathema billions bush clinton parts political russia society tiny viewed whether
We give away tens of billions to Brazil, or to one place or another, without thinking. But in those days, to give even a tiny amount to Russia was viewed almost as anathema by many parts of our own society and our political leadership, whether it was the Bush administration or the Clinton administration.
billion bush fight fund global iraq prepared rid spend unwilling year
While the Bush administration is prepared to spend $100 billion to rid Iraq of WMD, it has been unwilling to spend more than 0.2% of that sum... this year on the Global Fund to Fight AIDS, Tuberculosis and Malaria.
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.
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.
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.