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Quote by Jeffrey Sachs

“History is written by the rich, and so the poor get blamed for everything.”

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.”

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“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.”

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

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“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.”

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“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.”

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“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.”

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

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

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