John W McArthur Jeffrey D Sachs The World Bank Economic Review, Volume 33, Issue 1, February 2019, Pages 1–20, https://doi.org/10.1093/wber/lhx029 How can foreign aid to agriculture support economic growth in Africa? This paper constructs a geographically indexed applied general equilibrium model that considers pathways through which aid might affect growth and structural transformation of labor markets in [...]

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The state of the world is paradoxical. The good news is that the world income in 2018 was around $135 trillion according to the International Monetary Fund, measuring world output at “international prices.” That was an average of roughly $17,500 for each of the 7.7 billion men, women, and children on this planet. That sum [...]

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(CNN) Events in Venezuela may be heading toward a catastrophic conflict. Venezuelan society is deeply divided between President Nicolas Maduro and his supporters, backed by the military, versus an opposition led by self-declared president, Juan Guaido, leader of the National Assembly. According to a report in The Wall Street Journal, which cited a senior administration official, the US [...]

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Many Democrats have been confused by President Trump’s announced withdrawal of troops from Syria, and some have called the withdrawal a mistake. Yet Trump’s announcement is not wrong, just incomplete. It is time to leave Syria, but also time to ramp up U.S. diplomacy, both directly with the region’s governments and through the United Nations. Unfortunately, this week, some [...]

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Generals fight the last war, and Washington’s economic war on China is straight from America’s tactics against the Soviet Union and its skirmishes with Japan in the 1980s. Yet China is neither the Soviet Union nor Japan. The US’s aggressive trade actions towards Beijing, unless suspended in the near future, will damage the world economy [...]

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Jeffrey Sachs is a leading crusader to make ours a globally sustainable planet, and as a consequence, eradicate the extreme poverty that exists in a world of abundance. The world-renowned economist, senior United Nations advisor, prolific bestselling author, shares with me in our latest edition of The Openist his fervent belief that what the world [...]

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January 10th, 2019

Fully Filling the Global Fund

Jeffrey D. Sachs, Guido Schmidt-Traub, Vanessa Fajans-Turner In a world divided by conflict and greed, the Global Fund’s fight against AIDS, tuberculosis, and malaria is a matter of enlightened self-interest and a reminder of how much humanity can accomplish when we cooperate to save lives. For public and private donors, that means providing the financing [...]

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The Eurasia Group’s Ian Bremmer and professor Jeffrey Sachs discuss the Eurasia Group’s top risks for 2019.

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NEW YORK – President Donald Trump’s announced withdrawal of US forces from Syria has met with near-universal condemnation by Democrats and Republicans alike. That says less about Trump than it does about the US foreign policy establishment’s blinkered vision. The mainstream of both political parties exhibits certain reflexive judgments: that the US must maintain a [...]

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NEW YORK – This month’s United Nations Climate Change Conference (COP24) in Katowice, Poland succeeded in producing a rulebook to implement the 2015 Paris climate agreement. Every UN member state signed on. But that will not be enough to head off climate catastrophe. It’s time to call in the engineers. The diplomatic success at COP24 was [...]

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