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Quote by Jeffrey Sachs

“I think the IMF helped to detonate the Indonesian crisis.”

Quote by Jeffrey Sachs

Author

Jeffrey Sachs is a renowned economist born on November 5, 1954. He has extensive research and contributions in the fields of global development, poverty reduction, and sustainable development. Sachs has served as a special advisor to the Secretary-General of the United Nations, guiding the formulation and implementation of the United Nations Millennium Development Goals (MDGs). more

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“Despite a decade of criticism and budget cuts, the specialised UN agencies have far more expertise and hands-on experience than any other organisations in the world.”

World Hands Cutting Criticism Decades Despite Budgets Agency Expertise Organisation Budget Cuts Hands On Experience

Author:Jeffrey Sachs

“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.”

Ifs Interest Worry Europe Gold Rate Recessions Interest Rate

Author:Jeffrey Sachs

“Globalization was a deep trend pushed by technology and right ideas, as much as anything else.”

Ideas Technology Trends Globalization Right Ideas

Author:Jeffrey Sachs

“If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.”

Ifs Years Mean Term Periods Debt Dues Short Term

Author:Jeffrey Sachs

“In the early 1990s, when a lot of the developing world opened up to international capital flows... they ended up in very good long-term projects, but projects that weren't going to pay off for five or 10 or 20 years.”

World Years Long Term Pay Five Projects Flow Very Good International Developing Long Term Good Long

Author:Jeffrey Sachs

“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.”

Needs Helping Views Issues Doubt Development Communicate Consensus Urgent Sustainable Development

Author:Jeffrey Sachs

“The defining challenge of the 21st century will be to face the reality that humanity shares a common fate on a crowded planet.”

Reality Faces Humanity Challenges Common Fate Share Century Planets 21st Century Defining Crowded

Author:Jeffrey Sachs

“Soil mapping is one of the pillars to the challenge of sustainable development”

Challenges Development Soil Pillars Sustainable Development Mapping

Author:Jeffrey Sachs

“My concern is not that there are too many sweatshops, but that there are too few.”

Concern Sweatshops

Author:Jeffrey Sachs

“Without restoring an ethos of social responsibility, there can be no meaningful and sustained economic recovery.”

Social Responsibility Economic Meaningful Recovery Social Responsibility Restoring Ethos Economic Recovery

Book:The Price of Civilization: Economics and Ethics After the Fall

Source: The Price of Civilization: Economics and Ethics After the Fall