In 1991, a miraculous thing happened, and that's the Soviet Union ended. So there was an opportunity to build a very healthy and new world, on the basis of the change that the Russian people themselves wanted. But for Russia to make that change was going to be one of the most remarkably difficult and complex passages imaginable.
More Quotes from Jeffrey Sachs:
You can't fight the greatest pandemic for years without resources,Jeffrey Sachs
A lot of the old apparatchiks came back in, and corruption really dramatically increased in '94'95, particularly around Yeltsin's re-election in 1996, when the government used corrupt practices to give money to business, part of which was returned to the campaign coffers, and helped pay for Yeltsin's re-election.
Jeffrey Sachs
We give away tens of billions to Brazil, or to one place or another, without thinking. But in those days, to give even a tiny amount to Russia was viewed almost as anathema by many parts of our own society and our political leadership, whether it was the Bush administration or the Clinton administration.
Jeffrey Sachs
It's time for other candidates to come forward that have experience in development.
Jeffrey Sachs
If you have billions and billions of dollars coming due in a country in a short period of time, and if a sense of panic develops among your creditors, so that everybody demands the money out all at once, it's almost inevitable that the debtor economy will collapse, because it won't be able to come up with that amount of money in a short period.
Jeffrey Sachs
Trade is important, but I visit places that are so cut off from world markets that they aren't really part of the local economy, let alone the world economy.
Jeffrey Sachs
Readers Who Like This Quotation Also Like:
Based on Topics: Change Quotes, Opportunity Quotes, World QuotesI've always been fascinated by activists, people who will devote their life to a cause, people who go to India and to Africa and put their life in jeopardy to do what they believe is right.
Rachel Weisz
Republicans rejected calls for amnesty and we've fought efforts to provide illegal aliens with taxpayer funded benefits. The American people are far closer to our Republican approach to border security than they are to Nancy Pelosi's approach.
Marsha Blackburn
Life is painting a picture, not doing a sum.
Oliver Wendell Holmes