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

Topics: Quotes about Jeffrey Sachs

Share on:

Similar quotes

Despite a decade of criticism and budget cuts, the specialised UN agencies have far more...

#Jeffrey Sachs

The runs started in Thailand after the IMF intervened in such a dramatic way. Then...

#Jeffrey Sachs

In Asia, a lot of successful economies that had been living on their own saving,...

#Jeffrey Sachs

I think the IMF helped to detonate the Indonesian crisis.

#Jeffrey Sachs

If we did go into a recession, something that's always possible for the U.S. or...

#Jeffrey Sachs

The truth of good economic doctoring is to know the general principles, and to really...

#Jeffrey Sachs

If you have a lot of short-term debt, it means that all of that money...

#Jeffrey Sachs

Russia has gone through eight years of continuing economic pain.

#Jeffrey Sachs

The essence of Africa's crisis is fundamentally its extreme poverty.

#Jeffrey Sachs