Sachs, Jeffrey Filmography

• Play in Full Screen Park Avenue: Money, Power and the American Dream

  2012, role: actor , character name: Himself - Professor of Economics, Columbia University
• Play in Full Screen Seeds of Hope

  2010, role: actor
• Play in Full Screen Preventing Genocide

  2009, role: actor
• Play in Full Screen I Am Because We Are

  2008, role: actor , character name: Himself
• Play in Full Screen What Are We Doing Here?

  2008, role: actor , character name: Himself
• Play in Full Screen The Trap: What Happened to Our Dream of Freedom

  2007, role: actor , character name: Himself
• Play in Full Screen Commanding Heights: The Battle for the World Economy

  2002, role: actor , character name: Himself

Famous quotes by Jeffrey Sachs:

"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."

"Russia increasingly lived on short-term borrowing. Now, this was an extraordinary merry-go-round."

"The essential truth for developing countries is, if you try to live by yourself, you will cut yourself off from the amazing progress of world technology. You won't be able to purchase the goods that you need from abroad, because you're not exporting to the rest of the world. You have to be part of the world system."

"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."

"The Russian government not only acted corruptly, not only built up a new oligarchy of billionaires out of nothing, basically, but also gave away its most valuable financial assets-its ownership of the huge natural resource sector in Russia."

"In 1991, a miraculous thing happened, and that's the Soviet Union ended. So there was an opportunity to build a very healthy and new world, on the basis of the change that the Russian people themselves wanted. But for Russia to make that change was going to be one of the most remarkably difficult and complex passages imaginable."

"Russia has gone through eight years of continuing economic pain."

"Globalization was a deep trend pushed by technology and right ideas, as much as anything else."

"For many parts of the world, the chasm that has to be crossed to get from where they were, whether it's a dictatorship, economic collapse, financial crisis or all of the above, to the other side, that is a working market economy and a functioning democracy, is extraordinarily difficult and requires help."

"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."

"In my view, there is an urgent need to communicate with the public and help to explain where there is consensus, and where are there doubts about the issues of sustainable development."

"Unfortunately, the real focus in this country has not been on the rest of the world. It's been on our own issues and our own problems. Fair enough. But it means that our simple hopes that everything will just work out abroad aren't really coming to pass."

"The runs started in Thailand after the IMF intervened in such a dramatic way. Then the IMF came to Indonesia."

"Roosevelt talked not only about Freedom from Fear, but also Freedom from Want."

"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."

"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."

"The basic idea was that if a country would put its economy as an integrated piece of the world system, that it would benefit from that with economic growth. I concur with that basic view."

"We're going to have to forgive a great deal of the Soviet era debt. There's no question about that. Let's face up to that. We're going to have to put in money if Russia is really going to consolidate a democracy."

"White House and State Department foreign-policy experts are overwhelmingly directed towards military and diplomatic issues, not development issues."