Articles by Jeffrey Sachs

Topic: Macroeconomics

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2013

"Why Turkey is Thriving," Project Syndicate, May 27, 2013.

"Time to End the Tax Havens," Huffington Post, May 9, 2013.

"Austerity exposes the global threat from tax havens," Financial Times, April 29, 2013. [Download PDF here]

"A Better Way to Fight Climate Change," Project Syndicate, February 28, 2013. Download as [PDF]

2012

"The Great Fiscal Melodrama," Politico, November 15, 2012. Download as [PDF]

"Finding the Keys to National Prosperity," Project Syndicate, September 26, 2012. Download as [PDF]

"America has lost the battle over government," Financial Times, August 16, 2012. Download as [PDF]

"Waiting in Vain for the Quick Fix," Huffington Post, August 6, 2012. Download as [PDF]

"How to have growth beyond stimulus," Financial Times A-List, June 7, 2012. Download as [PDF]

"To save the eurozone, save the banks," Financial Times A-List, May 21, 2012. Download as [PDF]

"We must move beyond growth versus austerity," Financial Times, May 7, 2012. Download as [PDF]

"A World Bank for a New World," Project Syndicate, February 24, 2012. [Download as PDF]

2011

"Emerging economies are key to the eurozone’s survival," Financial Times, November 7, 2011. [Download as PDF]

"Globalization’s Government," Project Syndicate, September 30, 2011. [Download as PDF]

2009

"American has passed on the baton." Financial Times. 29 September 2009.

"The G-20: bring on the peer pressure." Post-gazette.com. 25 September 2009. [Download as PDF]

"Bank Bonuses and the Reform Agenda in the Balance." Huffington Post. 6 August 2009. [Download as PDF]

"Paying for What Government Should Do." Scientific American. May 2009.

"Putting a Price on Carbon: An Emissions Cap or a Tax?" Yale Environment 360. 7 May 2009. [Download as PDF]

"Needed: A Fiscal Framework -- Not a Stimulus." Scientific American. April 2009. [Download as PDF]

"The big ZERO in G20," with Brett House. Mail & Guardian. 21 April 2009. [Download as PDF]

"The Geithners-Summers Plan is Even Worse Than We Thought." Huffington Post. 6 April 2009. [Download as PDF]

"The Economic Need for Stable Policies, Not a Stimulus." Scientific American. March 2009. [Download as PDF]

"3 billion poor people need world's help." CNN.com. 20 March 2009. [Download as PDF]

"Transforming the Auto Industry." Scientific American. February 2009. [Download as PDF]

"How to Bring Back the Big 3." Fortune. 17 February 2009. [Download as PDF]

"A strategy of contingent nationalisation." Financial Times. 5 February 2009.  [Download as PDF]

"Blackouts and Cascading Failures of the Global Markets." Scientific American. January 2009. [Download as PDF]

"Rewriting the rule book for 21st Century capitalism." The Guardian. 28 January 2009. [Download as PDF]

"Smallholder Food Production and Poverty Reduction: Principles for a Financial Coordination Mechanism to Support Smallholder Farmers." Ad Hoc Advisory Group to the Madrid Conference on Food Security,
Chaired by Prof. Jeffrey Sachs. IDEAS Foundation. 26 January 2009.
[Download as PDF]

"The Case for Bigger Government." Time Magazine. 8 January 2009. [Download as PDF]

2008

Common Wealth: Economics for a Crowded Planet, Penguin Press, 2008.

"Priorities for Fixing the Financial Crisis." Scientific American. December 2008.

"Monday Meltdown: How Lehman's Fall Created a Global Panic." Fortune. 15 December 2008. [Download as PDF]

"A Bridge for the Carmakers." Washington Post. 17 November 2008. [Download as PDF]

"Elite Education, Advanced Research and Innovation - Europe and the US in the Face of Challenges from the 'New World'" 8th Haniel Lecture, Duisburg, Germany, November 13, 2008
[Download in PDF format]

"Better Cities, Better Life: Challenges for Shanghai." Shanghai Daily. 12 November 2008. [Download as PDF]

"Work With the World: The US cannot go it alone if it is to get through the financial mess." The Guardian. 10 November 2008. [Download as PDF]

"Scaling up Primary Health Services in Rural Tamil Nadu: Public Investment Requirements and Health Sector Reform" with Nirupam Bajpai, Ravindra H. Dholakia. CGSD Working Paper No. 36. October 2008.
[Download as PDF]

"Scaling up Primary Education Services in Rural Tamil Nadu: Public Investment Requirements and Reform" with Nirupam Bajpai, Ravindra H. Dholakia. CGSD Working Paper No. 35. October 2008.
[Download as PDF]

"Boom, Bust, and Recovery in the World Economy." Project Syndicate. October, 2008. [Download as PDF]

"Coping with a Persistent Oil Crisis." Scientific American. October 2008.

"The Best Recipe for Avoiding a Global Recession." Financial Times. 27 October 2008. [Download as PDF]

"Amid the rubble of global finance, a blueprint for Bretton Woods II." The Guardian. 21 October 2008. [Download as PDF]

"How to Rebuild America." Fortune. 14 October 2008. [Download as PDF]

"The Specter of Malthus Returns." Scientific American. September 2008.

"Puzzlement at banks' bail-out while aid commitments flounder." Financial Times. 23 September 2008. [Download as PDF]

Review of "One Minute to Midnight" by Michael Dobbs (Random House, 2008) and "Counselor: A Life at the Edge of History" by Theodore Sorenson (Harper, 2008). Jewcy Magazine. July 2008. [Download as PDF]

"A Deadline on Malaria." Scientific American. July 2008.

"A User's Guide to the Century." The National Interest. 2 July 2008. [Download as PDF]

"Stagflation is Back. Here's How to Beat It." Fortune. 9 June 2008.

"How to Feed the World." Newsweek. 10 May 2008. [Download as PDF]

2006

"Welfare States Beyond Ideology." Scientific American. November 2006.
[Download article as PDF]

"Lower Fertility: A Wise Investment." Scientific American. September 2006.
[Download article as PDF]

2005

The End of Poverty: Economic Possibilities for Our Time, The Penguin Press: New York, 2005.

Investing in Development: A Practical Plan to Achieve the Millennium Development Goals, UN Millennium Project, (Director),  Earthscan: New York, 2005.

2003

"Call It Our Bolivian Policy of Not-So-Benign Neglect," Washington Post, October 26, 2003
[Download article in PDF]

2002

"Geography, Economic Policy, and Regional Development in China," with Sylvie Demurger, Wing Thye Woo, Shuming Bao, Gene Chang, and Andrew Mellinger, Asian Economic Papers, Vol. 1 No. 1, Winter 2002, pp. 146-197.
[Download paper as PDF]
(previously CID Working Paper no. 77, October 2001 [PDF]).

"Resolving the Debt Crisis of Low-Income Countries," Brookings Papers on Economic Activity, 2002:1.
[Download paper as PDF]

The Latin American Competitiveness Report 2001-2002, (co-editor) World Economic Forum, Oxford University Press, New York, 2002.

The Global Competitiveness Report 2001-2002, (co-editor) World Economic Forum, Oxford University Press, New York, 2002.

  • "Introduction - Slowdown and Uncertainty: International Economic Networks in the Wake of September 11, 2001" with Peter Cornelius, John McArthur, Michael Porter and Klaus Schwab. [Download as PDF]
  • "Executive Summary" with Michael Porter and John McArthur. [Download as PDF
  • "The Growth Competitiveness Index: Measuring Technological Advancement and the Stages of Development," with John McArthur. [Download as PDF]

"Understanding Regional Economic Growth in India," Jeffrey Sachs, Nirupam Bajpai and Ananthi Ramiah In Asian Economic Papers, Vol. 1, Issue 3, Summer 2002.
[Download paper as PDF]
(previously CID Working Paper no. 88, March 2002 [PDF])

2001

"Benchmarking Competitiveness in Transition Economies," with Clifford Zinnes and Yair Eilat, Economics of Transition,  Vol. 9 (2),  pp. 315-53, 2001.
[Download paper as PDF]

"Economic Development in Central America" edited by Felipe B. Larrain.  Harvard University Press, 2001.

Macroeconomics and Health: Investing in Health for Economic Development, (principal author), report of the Commission on Macroeconomics and Health, World Health Organization, December 2001.
[Download text of Executive Summary in PDF format]

"The Strategic Significance of Global Inequality," in The Washington Quarterly, Vol. 24, No. 3, pp. 187-198, Summer 2001.

"The Economic Burden of Malaria," with John Luke Gallup, The Supplement to The American Journal of Tropical Medicine & Hygiene, Vol. 64, No. 1, 2, pp. 85-96, January/February 2001 
[Download paper as PDF]
(previously "The Economic Burden of Malaria" with John Luke Gallup, CID Working Paper No. 52, July 2000 [PDF], previously "The Economic Burden of Malaria," with John Gallup, in Harvard International Review,Winter 1998/1999, pp. 56-61, and previously "The Economic Burden of Malaria," with John Luke Gallup, mimeo, October 1998 [PDF]) .

2000

“Understanding China’s Economic Performance” with Wing Thye Woo, The Journal of Policy Reform, Vol. 4, Issue 1, 2000; section on state enterprise sector reprinted as “The State Sector Under Reform” in Ross Garnaut and Yiping Huang (eds.), Growth Without Miracles: Readings on the Chinese Economy in the Era of Reform, Oxford University Press, forthcoming.
(previously "Understanding China's Economic Performance," with Wing Thye Woo, HIID Development Discussion Paper #575, December 1996. [PDF]) .

The Global Competitiveness Report 2000, (co-editor) World Economic Forum, Oxford University Press, New York, 2000.

  • "Executive Summary: Current Competitiveness and Growth Competitiveness" with Michael Porter and Andrew Warner.
  • "Globalization and International Competitiveness: Some Broad Lessons of the Past Decade" with Andrew Warner.

1999

"Resource Endowments and the Real Exchange Rate: A Comparison of Latin America and East Asia," in Takatoshi Ito and Anne Krueger (eds) Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues. NBER-EASE Vol. 7. Chicago: University of Chicago Press, 1999.

"Brazil Fever," in The Milken Institute Review, Second Quarter, 1999.
[Download paper as PDF]

"An Inframarginal Analysis of the Heckscher-Olin Model with Transaction Costs and Technological Comparative Advantage," with W.L. Cheng and X. Yang, CID Working Paper No. 9, April 1999.
[Download paper as PDF]

"Trade Pattern and Economic Development when Endogenous and Exogenous Comparative Advantages Coexist," with X. Yang and D. Zhang, CID Working Paper No. 3, April 1999.
[Download paper as PDF]

"Twentieth-Century Political Economy: A Brief History of Global Capitalism," Oxford Review of Economic Policy, Vol. 115, No. 4, Winter 1999.
[Download paper as PDF]

"Global Financial Crisis: Lessons for Egypt", Conference- Growth Beyond Stabilization: Prospects for Egypt, Egyptian Center for Economic Studies, February 1999.
[Download paper as PDF]

1998

"The External-Debt Problem in Central America" with Gerardo Esquivel and Felipe B. Larrain, Harvard Institute for International Development, Cambridge, MA.,  pp. 251-296.  1998.
[ Download paper as PDF]

"International Economics: Unlocking the Mysteries of Globalization," Foreign Policy, Spring 1998.
[Download paper as PDF]

1997

"Exchange rate tectonics," Worldlink, May/June 1997.

1996

"Trends in Regional Inequality in China," with Tianlun Jian and Andrew Warner, NBER Working Paper Series no. 5412, January 1996, and China Economic Review, Vol. 7, No. 1, 1996.
[Download paper as PDF]

"Achieving Rapid Growth in the Transition Economies of Central Europe," with Andrew Warner, HIID Development Discussion Paper #544, July 1996.
[Download paper as PDF]

"Economic Transition and the Exchange-Rate Regime," American Economic Review, May 1996. [Download as PDF]

1995

"Why did we snub Russia and air Mexico?", The Philadelphia Inquirer, Feb. 1995.

"Interpreting the Mexican Peso Crisis," January 1995, mimeo.

1992

Macroeconomics in the Global Economy, with Felipe Larrain, Prentice Hall/Harvester Wheatsheaf, 1992.

1991

Global Linkages: Macroeconomic Interdependence and Cooperation in the World Economy, with Warwick McKibbin, The Brookings Institution, Washington, DC, 1991.

1989

"Implications of Policy Rules for the World Economy," with W. McKibbin, in Macroeconomic Policies in an Interdependent World, R. Bryant et al. (eds.), Brookings Centre for Economic Policy Research and IMF, 1989.

"O Futuro da Crise das Dividas na America Latina," in Nova Era da Economia Mundial, Norman Gall et al., Instituto Fernand Braudel de Economia Mundial, Pioneira: Sao Paulo, Brazil, 1989.

"How to Help the Solidarity Movement Succeed," Financial Times, 26 September 1989.

"Sachs-McKibbin Global Model," with Warwick McKibbin, Brookings Discussion Paper #78, August 1989.

1988

"Sources of Macroeconomic Imbalances in the World Economy: A Simulation Approach," with N. Roubini, in Suzuki (ed.), Toward a World of Economic Stability: Optimal Monetary Framework and Policy, Bank of Japan, Tokyo, Japan, 1988.

1986

"Contractionary Devaluation and Dynamic Adjustment of Exports and Wages," with F. Larrain, NBER Working Paper Series, No. 2078, November, 1986.
[Download paper as PDF]

"Don't Go for the Gold," The New Republic, August 11 & 12, 1986. [Download as PDF]

1985

"International Policy Coordination in Dynamic Macroeconomic Models," with Gilles Oudiz, in International Economic Policy Coordination, W. Buiter and R. Marston (eds.), Cambridge University Press, 1985. [Download as PDF]

"External Debt and Macroeconomic Performance in Latin America and East Asia," with John Williamson, Brookings Papers on Economic Activity, Issue 2, 1985.
[Download paper as PDF]

"Comment: Latin American Debt: I Don't Think We Are in Kansas Anymore" (by Diaz Alejandro), Brookings Papers on Economic Activity, Issue 2, 1985.

"The Dollar and the Policy Mix: 1985," Brookings Papers on Economic Activity, Issue 1, 1985. Reproduced in Recent Developments in Macroeconomics, Edmund Phelps (ed.), Edward Elgar Publ. Ltd., Glasgow. (previously NBER Working Paper 1636). [Download as PDF]

"International Policy Coordination in Dynamic Macroeconomic Models," with Gilles Oudiz, in Review of Economic Studies, 1985. Reprinted in International Coordination in Dynamic Macroeconomics, Buiter and Marston (eds.), 1985. [Download as PDF]

"The Effects of OECD Macroeconomic Policies on the Developing Countries," with Warwick McKibbin, presented at World Bank Conference, in conference volume, 1985, and in Seoul Journal of Economics, 1985.

"International Policy Coordination in Dynamic Macroeconomic Models," with Gilles Oudiz, in Willem H. Buiter and Richard C. Marston (eds.), International Economic Policy Coordination (Cambridge: Cambridge University Press). 1985.
(previously NBER Working Paper 1417).

"Macroeconomic Policies in the OECD and LDC External Adjustment," with Warwick McKibbin, NBER Working Paper, No. 1534, January 1985.
[Download paper as PDF]

1984

"Theoretical Issues in International Borrowing," Princeton Studies in International Finance, No. 54, 1984 (published in Spanish translation in Estudios Economicos, July-December, 1986). Reprinted in Graham Bird and P. Nicholas Snowden (eds.), International Debt, Volume I, Edward Elgar Publ. Ltd., U.K., 1995.
(previously NBER Working Paper 1189)

"Macroeconomic Policy Coordination Among the Industrial Economies," with Gilles Oudiz, Brookings Papers on Economic Activity, Issue 1, 1984.
[Download paper as PDF]

1982

"The Oil Shocks and Macroeconomic Adjustment in the United States," European Economic Review 18, 1982. [Download paper as PDF]

"The Current Account in the Macroeconomic Adjustment Process," Scandinavian Journal of Economics, Vol. 84, No. 2, 1982. [Download paper as PDF]

1981

"The Current Account and Macroeconomic Adjustment in the 1970's," Brookings Papers on Economic Activity, Issue 1, 1981. (previously NBER Working Paper 796)
[Download paper as PDF]

"A Comparison of the Japanese and U.S. Macroeconomic Responses to the Oil Price Shocks," presented at the Conference on Problems in Fiscal and Monetary Policies in the U.S. and Japan, sponsored by the Japan Ministry of Finance and the U.S.-Japan program of Harvard University, in Tokyo, August, 1981, and published in conference volume.

1980

"Stocks and Prices and Materials in the Macro-Model," with O. Blanchard, March, 1980, Harvard.

1979

"Wages, Profits, and Macroeconomic Adjustment: A Comparative Study," Brookings Papers on Economic Activity, pp. 269-319, Issue 2, 1979. Reprodoced in Recent Developments in Macroeconomics, Edmund Phelps (ed.), Edward Elgar Publ. Ltd., Glasgow. [Download paper as PDF]

0000

"Hitting the Target," with Guido Schmidt-Traub. Words into Action, IMF and World Bank Annual Meetings. September 2006.
[Download article as PDF]

"Market Led Industrialization and Globalization," with X. Yang, Journal of Economic Integration, Vol. 17, No. 2, June 2002.
(previously "Gradual Spread of Market-Led Industrialization," with X. Yang, CID Working Paper No. 11, April 1999) [Download paper as PDF]

"Multiple Shooting in Two-Point Boundary Value Problems," with D. Lipton, J. Poterba, and L. Summers, Econometrica, Vol. 50, No. 5, September 1982. [Download paper as PDF]

"Wages, Flexible Exchange Rates, and Macroeconomic Policy," Quarterly Journal of Economics, Vol. XCIV, No. 4, pp. 731-748, June 1980. [Download paper as PDF]

"The International Economics of Transitional Growth--The Case of the United States," with Laurence Kotlikoff and Edward Leamer, Sept., 1981, NBER Working Paper Series, No. 773 [Download paper as PDF]

"Macroeconomic Adjustment with Import Price Shocks: Real and Monetary Aspects," with Michael Bruno, NBER Working Paper Series, No. 340, April, 1979. [Download paper as PDF]

"Progress summary of the MDGs: update for ministers." The Commonwealth Ministers Reference Book. June 2008.
[Download as PDF]

"Q&A: Jeffrey Sachs on the world's post-MDG future," SciDev.Net, June 12, 2013.