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In the early 1990s, when a lot of the developing world…

“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.” quote by Jeffrey Sachs
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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.”

Jeffrey Sachs

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Developing nations often invest in long‑term projects that only yield returns after many years, requiring patience and sustained support.

In simple terms: Long‑term projects need patience.

Key Takeaway

Support patient, long‑term investment strategies.

Themes

development investment patience

Mood

analytical optimistic

Type

economic inspirational

When to use this quote

  • infrastructure planning
  • renewable energy projects
  • education funding
  • healthcare systems

Key Concepts

sustainable growth future returns

Questions to Reflect On

  • How can societies maintain commitment to long‑term projects?
  • What mechanisms ensure continued funding?
A Different Perspective

Political cycles may favor short‑term gains over long‑term benefits.

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