Re: Sachs on World Bank and IMF

2000-10-08 Thread Brad De Long
>I thought that Sachs was one of them! What happened? >CHeers, Ken Hanly You were misinformed... Ever since I met him in 1980, Jeff has said that the World Bank was designed for a world in which sovereign governments were credit-constrained, that we don't live in such a world, and that th

Sachs on World Bank and IMF

2000-10-07 Thread Ken Hanly
I thought that Sachs was one of them! What happened? CHeers, Ken Hanly The Financial Times 26 September 2000 The charade of debt sustainability The World Bank and IMF fail the world's poorest people by siding with western governments. By Jeffrey Sachs Many of the protesters in Pragu