Jeffrey Sachs: Difference between revisions
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Jeffrey Sachs is an American economist. He commented that poor countries are poor because they are hot, infertile, infested by [[malaria]], often landlocked, and lack investment to help them overcome those endemic problems. Sachs argues that, as these countries are poor, they cannot pay for the investments, falling into what is known as “poverty trap.”<ref name="Duflo">{{cite book |last1=Banerjee |first1=Abhijit V. |last2=Duflo |first2=Esther |title=Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty |date=27 March 2012 |publisher=PublicAffairs | Jeffrey Sachs is an American economist. He commented that poor countries are poor because they are hot, infertile, infested by [[malaria]], often landlocked, and lack investment to help them overcome those endemic problems. Sachs argues that, as these countries are poor, they cannot pay for the investments, falling into what is known as “poverty trap.”<ref name="Duflo">{{cite book |last1=Banerjee |first1=Abhijit V. |last2=Duflo |first2=Esther |title=Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty |date=27 March 2012 |publisher=PublicAffairs |url=https://books.google.com.ar/books/about/Poor_Economics.html?id=2dlnBoX4licC&redir_esc=y |language=en}}</ref> | ||
== References == | == References == | ||
Revision as of 02:28, 29 October 2021
Jeffrey Sachs is an American economist. He commented that poor countries are poor because they are hot, infertile, infested by malaria, often landlocked, and lack investment to help them overcome those endemic problems. Sachs argues that, as these countries are poor, they cannot pay for the investments, falling into what is known as “poverty trap.”[1]