The basic idea was that if a country would put its economy as an integrated piece of the world system, that it would benefit from that with economic growth. I concur with that basic view.
Jeffrey SachsThe aspiration of society is the flourishing of its members, this report gives evidence on how to achieve societal well?being. It's not by money alone, but also by fairness, honesty, trust and good health.
Jeffrey SachsIf 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 that's coming due within 30 to 90 days.
Jeffrey Sachs