Jeffrey Sachs Quotes


We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program.


Citations

Sachs, Jeffrey. Interview. Commanding Heights: The Battle for the World Economy, PBS, 15 June 2000.

Related Quotes

Hoover and most Republicans were generally opposed to sanctions and an instrument of foreign policy. 25 years after his presidency, the Republican Party started embracing sanctions as a tool of foreign policy and by the end of the 20th century, Republicans were sanction hawks. This quotation illustrates how American political parties and their philosophies change over time.


Wright, like so many idealists had been a communist before the reality about Stalin and Russia was public knowledge. He then became a virulent anti-Communist and appeared in many international gatherings of Black artists and intellectuals. However, he felt that the CIA funding of an organization called the American Society for African Culture was undermining his message and integrity.’


All of Europe and the US and the other industrial democracies wanted South Africa to end apartheid and allow majority rule. Many had imposed strong economic sanctions upon the Apartheid nation. Botha, and most of the other Afrikaners, believed that Nelson Mandala and the Blacks were all communists or under the control of the communists, and that ending apartheid would turn South Africa into a Communist Country. Of course that was a paranoid fantasy as all movements for racial or ethnic equality are accused of being communists just as in the American South. When majority rule finally came to South Africa, it showed just how wrong the Afrikaners were as there has been a small communist movement in South Africa which has like the Italian communists functioned but had very little power or influence.


Jeffrey Sachs
Jeffrey Sachs
  • Born: November 5, 1954
  • Nationality: American
  • Profession: Economist

Jeffrey David Sachs is an American economist, academic, public policy analyst and former director of The Earth Institute at Columbia University, where he holds the title of University Professor. He is known as one of the world's leading experts on sustainable development, economic development, and the fight against poverty.