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… — Jeffrey Sachs Copy Share Image
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… — Jeffrey Sachs Copy Share Image
We're going to have to forgive a great deal of the Soviet era debt. There's no question about that. Let's face up to that.… — Jeffrey Sachs Copy Share Image
The essence of Africa's crisis is fundamentally its extreme poverty and therefore its inability to mobilize out of its own resources even the barest… — Jeffrey Sachs Copy Share Image
Business often does a good job supporting communities: the arts, universities, and scientific enterprises... But that philosophy has rarely reached poor countries. Even businesses… — Jeffrey Sachs Copy Share Image
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… — Jeffrey Sachs Copy Share Image
The key to ending extreme poverty is to enable the poorest of the poor to get their foot on the ladder of development. The… — Jeffrey Sachs Copy Share Image
The world got side-tracked from development issues during the post-9/11 crisis period. — Jeffrey Sachs Copy Share Image
Tax the rich. End the wars. Break the power of lobbies in Washington. These are the demands of Occupy Wall Street. They are very… — Jeffrey Sachs Copy Share Image
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… — Jeffrey Sachs Copy Share Image
The Russian drama began at the end of 1991, when the Soviet Union mercifully ended. Russia and 14 other new countries emerged from the… — Jeffrey Sachs Copy Share Image
The essence of Africa's crisis is fundamentally its extreme poverty. — Jeffrey Sachs Copy Share Image
