The essence of Africa's crisis is fundamentally its extreme poverty.
More Quotes from Jeffrey Sachs:
Most companies that are interested in working in the poorest places don't know how to do it right now, ... don't know how we fit in the broader scheme. This provides a framework where all of this makes sense. The private initiative can get this process going. I am counting not only on financing, but technology and ideas. There's going to be a tremendous amount of learning about best approaches.Jeffrey Sachs
Business often does a good job supporting communities the arts, universities, and scientific enterprises... But that philosophy has rarely reached poor countries. Even businesses that are enlightened in their home bases see Africa, Latin America, and parts of Asia as places to exploit natural resources or use cheap labor.
Jeffrey Sachs
The volatility of international capital is obviously destabilizing markets today.
Jeffrey Sachs
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.
Jeffrey Sachs
I would hope that Malawi would pull together. Rather than having such an intense internal political battle there could be unity in the country politically so that these critical needs can be addressed effectively.
Jeffrey Sachs
We've waited 20 years, until we have 36 million infected in the world, before we've started to do something, ... It's shocking how we've let this go on. And costs of intervening today are vastly greater than they would have been in the past and they'll be greater if we continue to dither on this.
Jeffrey Sachs
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Based on Topics: Poverty QuotesBased on Keywords: africas
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