description Jeffrey Sachs Overview
Jeffrey D. Sachs is an American economist and professor at Columbia University whose work concerns economic development, global poverty, public health, debt, and sustainable development. He advised governments during major market reforms, including stabilization programs in Bolivia and Poland, and later directed international development initiatives. His work is intended for academic, governmental, and international-policy audiences, though his policy prescriptions have also attracted substantial debate.
insights Ranking position
Jeffrey Sachs ranks #195 of 253 in the Economist ranking, behind Robert Vishny, ahead of Alan Blinder.
help Jeffrey Sachs FAQ
What is Jeffrey Sachs famous for in economics?
Jeffrey Sachs is an American economist and Columbia University professor renowned for his work on economic development, global poverty, and sustainable development. He famously advised governments during major market reforms, including stabilization programs in Bolivia and Poland.
Did Jeffrey Sachs invent shock therapy economics?
Sachs is heavily associated with "shock therapy," a rapid transition strategy from communism to market economies that he advised for countries like Poland in the early 1990s. He also applied similar economic stabilization principles to help Bolivia tame its hyperinflation.
What is Jeffrey Sachs's role at Columbia University?
Sachs is a professor at Columbia University, where he has served as the director of the Center for Sustainable Development. His academic focus at the New York City campus centers heavily on global public health, debt, and macroeconomic policy.
Did Jeffrey Sachs work with the United Nations?
Yes, Jeffrey Sachs served as a Special Advisor to United Nations Secretaries-General, including Kofi Annan and Ban Ki-moon. He played a significant role in the formulation and promotion of the Millennium Development Goals.
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