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"I think the IMF helped to detonate the Indonesian crisis."
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Exlpore more Crisis quotes
"The human crisis is always a crisis of understanding: what we genuinely understand we can do."
"I do not believe that the Social Security system is in crisis."
"The epitome of our life force turns on the seam where our tempered idealistic expectations meet the annealed exigencies fueling the cataclysm of a pressing personal crisis. Many of us do not decipher who we are and what we truly cherish until we experience the terror of an inconsolable loss. Failure and suffering lead to self-scrutiny."
"Once the violence has ceased, the US should immediately call on the World Bank and other international institutions to convene a donors conference to rebuild Lebanon's shattered infrastructure."
"The Chinese use two brush strokes to write the word 'crisis.' One brush stroke stands for danger; the other for opportunity. In a crisis, be aware of the danger--but recognize the opportunity."
"The Industrial Revolution appears to be in its final stages and it will be remembered as a time where industrial stock markets were at historic highs at the same time that many natural processes were shutting down, including the next generation of humans."
"In reality drilling is the slowest, dirtiest, and most expensive way to solve our energy crisis."
Explore more quotes by Jeffrey Sachs
"Senior development specialists in the Treasury can be counted on one hand. America's government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments."
"The longer you wait, the less fun. If you wait until the bitter end, the whole economy can be destroyed."
"Despite a decade of criticism and budget cuts, the specialised UN agencies have far more expertise and hands-on experience than any other organisations in the world."
"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."
"White House and State Department foreign-policy experts are overwhelmingly directed towards military and diplomatic issues, not development issues."
"There's a lot of strength in the U.S., but there's a lot of froth also. The froth will blow off. We're going to have to face up to some realities that we're not fully facing up to right now."
"We were proposing, in a sense, that the rest of the world be made safe for American ideas, as they adopted intellectual property rights that gave patent protection to our very innovative economy."
"We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different."
"The idea that UN commitments should be followed by action is indeed a radical one, especially for the United States, where wilful neglect of its own commitments is the rule."
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