The Russian drama began at the end of 1991, when the Soviet Union mercifully ended. Russia and 14 other new countries emerged from the ruins of the Soviet Union. Every one of those 15 new states faced a profound historical, economic, financial, social and political challenge. Jeffrey Sachs beginchallengecountry share on social
The runs started in Thailand after the IMF intervened in such a dramatic way. Then the IMF came to Indonesia. Jeffrey Sachs dramaticimfindonesia Change image and share on social
Roosevelt talked not only about Freedom from Fear, but also Freedom from Want. Jeffrey Sachs fearfreedomroosevelt Change image and share on social
There's a lot of strength in the U.S., but there's a lot of froth also. The froth will blow off. We're going to have to face up to some realities that we're not fully facing up to right now. Jeffrey Sachs blowfacefroth Change image and share on social
The truth of good economic doctoring is to know the general principles, and to really know the specifics. To understand the context, and also, to understand that an economy may need some tender loving care, not just the so-called hard truths, if it's going to get by. Jeffrey Sachs callcarecontext share on social
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. We're going to have to put in money if Russia is really going to consolidate a democracy. Jeffrey Sachs consolidatedealdebt share on social
We've taken the view that if the rest of the world would democratize and create market economies, that would spread the benefits of prosperity around the world, and that it would enhance our own prosperity, and our own stability and security, as well. Jeffrey Sachs benefitcreatedemocratize share on social
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 1990scapitaldevelop share on social
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. Jeffrey Sachs communicateconsensusdevelopment Change image and share on social
We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different. Jeffrey Sachs boombubbleburst share on social
