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"I think the IMF helped to detonate the Indonesian crisis."
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Exlpore more Crisis quotes
"Crisis is Good. Crisis is a Messenger."
"The crisis triggered a fertile period of scientific ferment and revolution in economic theory."
"Simply put, drilling in ANWR would be expensive, environmentally devastating, and would do very little to fix our energy crisis or to bring down the price of oil and gasoline."
"In a crisis, don't hide behind anything or anybody. They're going to find you anyway."
"When is a crisis reached? When questions arise that can't be answered."
"Motherhood has relaxed me in many ways. You learn to deal with crisis. I've become a juggler, I suppose. It's all a big circus, and nobody who knows me believes I can manage, but sometimes I do."
"I was in the middle of a crossroads, which is a nice way of saying crisis, physically, emotionally and spiritually. You know the physical part. We just talked about it."
Explore more quotes by Jeffrey Sachs
"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."
"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."
"If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold."
"If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days."
"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."
"The longer you wait, the less fun. If you wait until the bitter end, the whole economy can be destroyed."
"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."
"White House and State Department foreign-policy experts are overwhelmingly directed towards military and diplomatic issues, not development issues."
"The Russian drama began at the end of 1991, when the Soviet Union mercifully ended. Russia and 14 other new countries emerged from the ruins of the Soviet Union. Every one of those 15 new states faced a profound historical, economic, financial, social and political challenge."
"In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better."
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