Jeffrey Sachs

From Wikispooks
Jump to navigation Jump to search

Person.png Jeffrey Sachs  Rdf-entity.pngRdf-icon.png
(academic)
Jeffrey Sachs.jpg
NationalityUS
Member ofBrookings Institution, Council on Foreign Relations/Members 3, Institute for New Economic Thinking, Lancet/COVID-19 Commission, Project Syndicate, The American Academy in Berlin/Distinguished Visitors, WEF/Global Leaders for Tomorrow/1995
Interest ofVuk Jeremić
Worked on the privatisation of Russia

Jeffrey D. Sachs was a panelist of the session on Economic Relations With Eastern Europe for the 1990 Bilderberg.[1]

Activities

COVID-19

Full article: COVID-19

Jeffrey Sachs was a chair of The Lancet's COVID-19 commission.[2]

Privatisation of the USSR

Sachs worked with Anders Åslund and David Lipton as a senior advisor to the Russian government under President Boris Yeltsin and Acting Russian Prime Minister Yegor Gaidar on the privatisation of the USSR, and also advised Poland, Slovenia, and Estonia as they were beginning their transitions to capitalism.

The Russian privatization was a thorough disaster, one of the worst collapses in human history. Living standards fell and the population shrank, an almost unprecedented event in a country not at war. Afterwards, most Russians regarded him as "either an emissary of Satan or of the CIA."[3]

Later Career

In later life, Sachs became more prominent as a critic of development orthodoxy, arguing against the IMF's austere prescriptions after the 1997 Asian crisis, and pressing for debt relief for the poorest countries. Sachs has also pushed a number of initiatives, including establishing credit and microloan programs.

During the Greek government-debt crisis in July 2015, Sachs, with Heiner Flassbeck, Thomas Piketty, Dani Rodrik and Simon Wren-Lewis, published an open letter to the Chancellor of Germany Angela Merkel, calling for an end to austerity measures in Greece to service debt[4].

 

Event Participated in

EventStartEndLocation(s)Description
Bilderberg/199010 May 199013 May 1990New York
US
Glen Cove
38th Bilderberg meeting, 119 guests


References