Date
27 April 2017

Jeffrey D. Sachs

Jeffrey D. Sachs is Professor of Sustainable Development, Professor of Health Policy and Management, and Director of the Earth Institute at Columbia University. He is also Special Adviser to the United Nations Secretary-General.
  • US President Donald Trump is threatening a trade war because of deficits that reflect America’s own saving-investment imbalance. Photo: Bloomberg

    Will economic illiteracy trigger a trade war?

    - Apr 21, 2017 10:20am
    Nearly 100 days after US President Donald Trump took office, he and his commerce secretary, Wilbur Ross, continue to commit an economic fallacy that first-year economics students learn to avoid. They claim that America’s current-account deficit...
  • US President Donald Trump’s cynicism and ignorance will change no minds and will attract no followers globally. Photo: Reuters

    Donald Trump’s climate fantasies

    - Apr 3, 2017 10:26am
    Legend holds that King Canute brought his flatterers to the sea to show them that even a king could not command the ocean waves, that the laws of nature are more powerful than the decrees of...
  • A growing body of circumstantial evidence suggests that Trump has been backed by Russian money for decades. Photo: Reuters

    The three Trumps

    - Mar 2, 2017 9:42am
    Never in recent history has a change of leadership attracted as much attention and speculation as Donald Trump’s rise to the US presidency. What this change signifies and what it portends requires unraveling three mysteries, because...
  • US President Donald Trump is peddling cuts in corporate taxes and estate taxes that would further benefit the elderly rich at the expense of larger budget deficits that further burden the young. Photo: Reuters

    Why millennials will reject Trump

    - Feb 3, 2017 9:23am
    The key political divide in the United States is not between parties or states; it is between generations. The millennial generation (those aged 18-35) voted heavily against Donald Trump and will form the backbone of resistance...
  • Newly named US presidential trade adviser Peter Navarro wrote last year: “Whenever we buy products made in China, we as consumers are helping to finance a Chinese military buildup." Photo: The Pavlovic Today

    Learning to love a multipolar world

    - Dec 30, 2016 10:17am
    American foreign policy is at a crossroads. The United States has been an expanding power since its start in 1789. It battled its way across North America in the 19th century and gained global dominance in...
  • The education of the world’s youth offers the surest path to global sustainable development. Photo: Telegraph

    The world should spend more on education, not weapons

    - Sep 30, 2016 9:34am
    The United States needs to shift its spending from war to education, from CIA-backed regime change to a new Global Fund for Education (GFE). With hundreds of millions of children around the world not in school,...
  • Five years of civil war have left much of Syria in ruins. Hundreds of thousands have been killed and about 10 million Syrians have been displaced. Photo: aljazeera

    What’s America’s true role in Syria?

    - Aug 31, 2016 9:45am
    Syria’s civil war is the most dangerous and destructive crisis on the planet. Since early 2011, hundreds of thousands have died, about 10 million Syrians have been displaced, Europe has been convulsed with Islamic State (ISIS)...
  • Nationalist sentiment in Europe and elsewhere has been stoked by the surge of refugees from Syria, which would quickly end if a stop is put to the war in that country. Photo: Reuters

    The meaning of Brexit

    - Jun 27, 2016 3:40pm
    The Brexit vote was a triple protest: against surging immigration, City of London bankers, and European Union institutions, in that order. It will have major consequences. Donald Trump’s campaign for the US presidency will receive a...
  • The world is wealthy enough to ensure that every child has adequate healthcare and a quality education. All that is needed is the will to provide the necessary funding. There is no reason to delay. Photo: Noli Yamsuan

    Financing health and education for all

    - Jun 1, 2016 9:51am
    In 2015, around 5.9 million children under the age of five, almost all in developing countries, died from easily preventable or treatable causes. And up to 200 million young children and adolescents do not attend primary...
  • Politicians and diplomats came together to sign the Paris climate change agreement. The celebrations and back-patting have ended. What next? Photo: AFP

    Why we need independent energy bodies

    - Apr 28, 2016 9:30am
    The diplomats have done their job, concluding the Paris climate agreement in December. And political leaders gathered last week at the United Nations to sign the new accord. But implementation is surely the tough part. Governments...
  • US President Barack Obama and his family watch a baseball match along with Cuban leader Raul Castro in Havana on Tuesday. Photo: Reuters

    America returns to Cuba

    - Mar 23, 2016 9:38am
    Barack Obama’s visit to Cuba is the first by a US president since Calvin Coolidge went in 1928. American investors, expat Cubans, tourists, scholars, and scam artists will follow in Obama’s wake. Normalization of the bilateral...
  • Washington should stop all covert CIA operations aimed at toppling or destabilizing governments and thereby end the legacy of blowback and mayhem that these have sustained, most notably in the Middle East. Photo: Internet

    How to make this a new century for Middle East politics

    - Dec 21, 2015 9:04am
    The United States, the European Union and Western-led institutions such as the World Bank repeatedly ask why the Middle East can’t govern itself. The question is asked honestly but without much self-awareness. After all, the single...
  • China may need to weaken its currency further to bolster the nation’s flagging economic growth and avoid a long-term "Japan trap". Photo: Bloomberg

    The Japan syndrome comes to China

    - Oct 20, 2015 8:52am
    China is now experiencing what Japan went through a generation ago: a marked slowdown in economic growth after demands by the United States that it restrict its exports. In the late 1980s and early 1990s, Japan...
  • Last week's decision by the ECB to withhold credit to Greece’s banking system, thereby shuttering the banks, was inept and catastrophic. The first order of business should be the immediate reopening of the banks. Photo: Bloomberg

    How a Greece failure can bring down the rest of Europe

    - Jul 13, 2015 10:21am
    The Greek catastrophe commands the world’s attention for two reasons. First, we are deeply distressed to watch an economy collapse before our eyes, with bread lines and bank queues not seen since the Great Depression. Second,...
  • Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel now have the opportunity to rise to the occasion as European statesmen, not as politicians. Photo: Reuters

    Statemanship and the Greek crisis

    - Jul 7, 2015 5:02pm
    Sovereign-debt crises such as the one in Greece can be resolved only through bold steps by both debtor and creditor. The debtor needs a fresh start through a debt write-off; the creditor must find a way...
  • Greece and its European creditors are locking horns over proposed reforms related to tax and welfare measures. Photo: Bloomberg

    The endgame in Greece

    - Jun 17, 2015 10:18am
    After months of wrangling, the showdown between Greece and its European creditors has come down to a standoff over pensions and taxes. Greece is refusing to acquiesce to demands by its creditors that it cut payments...
  • Sepp Blatter of FIFA resembles Wall Street chief executives who have arrogantly denied culpability for financial wrongdoing under their watch. Photo: AFP

    Can the world escape the impunity trap?

    - Jun 4, 2015 8:58am
    Ours is a world of impunity. Allegations of corruption swarmed around FIFA for decades, culminating in mass indictments of officials of the international soccer federation last week. Yet FIFA president Sepp Blatter was re-elected four times,...
  • Global investors can help in the efforts to tackle climate change if they pull out funds from fossil-fuel firms. Photo: Bloomberg

    How investors can save the world from global warming

    - Feb 2, 2015 9:30am
    Around the world, institutional investors – including pension funds, insurance companies, philanthropic endowments, and universities – are grappling with the question of whether to divest from oil, gas, and coal companies. The reason, of course, is...
  • The ECB's money-printing policy can work even when interest rates remain near zero. Photo: Bloomberg

    The ECB’s new macroeconomic realism

    - Jan 23, 2015 9:06am
    The European Central Bank has finally launched a policy of quantitative easing (QE). The key question at this stage is whether Germany will give the ECB the freedom of maneuver needed to carry out this monetary...
  • The Paris terrorists pointed to France’s operations in Syria as a reason for their attacks. Photo: Reuters

    The war with radical Islam

    - Jan 16, 2015 9:56am
    French Prime Minister Manuel Valls was not speaking metaphorically when he said that France is at war with radical Islam. There is, indeed, a full-fledged war underway, and the heinous terrorist attacks in Paris were part...

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