Why will not only Russia but also NATO lose in the Russian-Ukrainian conflict? What is the state of the Ukrainian economy and what can the UN do to end the conflict? It may be due to rising prices in the United States and in Europe really Putin, as some politicians claim? And what is the main task of economists in the current crisis? We will talk about that today. A

n American economist is a special guest on "Make it Clear" and a professor at Columbia University who was involved in Polish economic transformation. With a return to a market economy, he also advised the Slovenian and Estonian governments, and especially Russian Presidents Michael Gorbachev and Boris Yeltsin. Today, he advises the head of the United Nations and is described as one of the world's most influential economists. He is close to the Czech Republic thanks to his Czech wife, Dr. Sonia Sachs. Professor Jeffrey Sachs. Professor, thank you for accepting our invitation.

English transcript of the interview: https://isde.cz/interview-with-jeffrey-sachs-we-are-in-underlying-deep-crises-that-need-to-be-addressed/

The Czech written interview is here:

https://isde.cz/rozhovor-s-jeffreyem-sachsem-svet-je-v-hluboke-krizi-musi-se-zacit-jednat/

The YouTube interview with Czech subtitles can be found here:

https://youtu.be/5vlAIlvTyR8