Jeffrey Sachs Quotes

The world has shown that if you provide capital and expertise to an area that is starved for capital and expertise, really good things will happen.

In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better.

There is very strong historical data that suggests the way societies grow is by making large, long-term investments.

Nation’s that don’t invest in the future tend not to do well there.

All I'll say is if you look at countries where it is - where they are rapidly growing, they're investing in their infrastructure. They're investing in their educations. They are trying to streamline regulations, but they're not neglecting key investments.

The U.K. wants and needs closer trading partnerships with African nations - and Africa needs much more capital.

To have a stable economy, to have a stable democracy, and to have a modern government is not enough. We have to build new pillars of development. Education, science and technology, innovation and entrepreneurship, and more equality.

The Australia to 2050 report highlights something that is well understood by South Australians, that infrastructure plays a key role in long-term economic expansion.

Our Government is committed to pursuing policies and programs which facilitate a further lowering of the interest rates in order to fuel investment and growth. We call on the commercial banks to partner with us in this effort.

You can't be a first-world economy in the 21st century if you haven't laid the groundwork to seize the opportunities.

We must draw on the unique strengths of the Japanese economy, seek an open and cooperative approach with our international partners, and intelligently exploit the promise of new growth areas.

My hope is that countries like Morocco will have investment to create work, so people don't have to leave.

European investment in Texas alone exceeds all U.S. investment in China and Japan put together.

We need to stop thinking about infrastructure as an economic stimulant and start thinking about it as a strategy. Economic stimulants produce Bridges to Nowhere. Strategic investment in infrastructure produces a foundation for long-term growth.

The typical big Japanese company has somewhere between a third and 40 percent of its revenues coming from developing countries, and about a third of Japan's exports are also to the emerging countries, so in a strange way, Japan, which has very little internal growth, its big companies are a good way to play the emerging markets.

The way forward for Africa is investment.

Free trade will go a long way toward alleviating poverty in Central America. Yet trade alone is not enough.

The dynamic drives of modern economic growth, in the countries that entered the process ahead of others, meant a reaching out geographically; and the sequential spread of the process, facilitated by major changes in transport and communication, meant a continuous expansion to the less developed areas.

If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.

Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms.

Countries should think of Haiti not as a place where to do charity but a place where to invest and do business. And doing business in Haiti means poverty reduction.

A country's economic growth may be defined as a long-term rise in capacity to supply increasingly diverse economic goods to its population, this growing capacity based on advancing technology and the institutional and ideological adjustments that it demands.

In the space of a decade, China and India have emerged as dramatic, dynamic competitors.

This is my first visit to Africa, a region where President Bush has voiced a deep passion for fostering and encouraging economic development, investment and trade.

Tourism in India has the potential to promote faster, sustainable and more inclusive growth. It could be used as a powerful antidote to tackle poverty.