462-Q012

5

Jeffry Sachs was born in Detroit, Michigan in 1954. He is arecognized professor of economics, exceptional leader in sustainabledevelopment, bestselling author, senior UN advisor and syndicatedcolumnist whose newspaper columns appear in more than 80 countriesevery month. His unique insights into the development process and theimpact on the world today are massive. Sach’s holds numerous titlesto his name following numerous achievements and has been awarded forcontributing to making the world a better place. The professor ofsustainable development also directs the earth institute. Apart fromthat, Sach works closely with UN’s secretary general Ban ki-moon ashis special advisor. He is also a director of UN’s sustainablesolutions network and the cofounder of the millennium promisealliance directing millennium village project. Sach’s desire to seethe development prevail has seen him write books that have becomebestsellers in New York Times. Amongst his bestselling books are endof poverty 2005, the price of civilization 2011,commonwealth economics for a crowded planet 2008 and tomove the world: 2013 (TEICU).

Sach is a world-renowned professor and lead economic developmentexpert. He has also been on the front line helping countries fightpoverty. His efforts to end poverty and promote economic growth anddevelopment have promoted immense development and helped alleviatehunger and diseases especially in third world countries. Sach haspromoted sustainable environmental practices in more than 125countries, which are home to more than 90% of the world’spopulation. For more than 25 years, Sach has been an advisor todozens of heads of states on economic strategies in Europe, America,Africa, Asia and the Middle East. According to TIECU to date Sachworks with international, non-governmental and governmentalorganizations such as AU, Inter-American development bank, Asiandevelopment bank, WHO, Africa development bank, UNDP, UNAIDS, globalfight against AIDS, Malaria and TB just to mention but a few.

Besides that, his works have been pivotal in numerous ways forglobalization in the past three decades. During the 80’s Sachhelped Latin American countries (Bolivia, Brazil, Peru) endhyperinflations. These countries had hanging debts that Sach helpedrenegotiate and bring stability as a leading academic advocate in theUS. He also helped reduce overhanging debts of developing countries.His ideas were incorporated into the global debt reduction plansundertaken since mid 80’s. The plans included the HIPC program andthe Brady Plan. In 1989, he advised Poland’s anticommunist movementand the postcommunist government of PM Mazowiecki. Sach wrote thefirst comprehensive plan for the transition from central planning tomarket democracy. It was later incorporated into Poland’ssuccessful reform program as Sach became the main architect ofPoland’s successful debt reduction operation. In 1999, Sach wasawarded one of the highest honorary doctorates from the CrascowEconomics University. Poland’s success saw him get an invite fromthe Soviet president Mikhail Garbochev then later Russia’spresident Boris Yeltsin. He served as advisor to PM Yegor Gaidars andfinance minister Federov on macroeconomic policies in 91-93. For hiscontributions to Russia’s economic reforms, Sach received theLeontif medal. Convertible and new stable currencies were introducedto Slovenia in 1991 and Estonia 1992, thanks to Sach.

Since the mid 90’s to date, Sach has been involved in economicreforms globally especially Asia, China and India. His role as anadvisor has significantly helped in scaling up primary health care inrural areas a policy promoted through Indian commission onmacroeconomics on health. He has engaged with Chinese government onsustainable development and worked with senior government officialsto come up with China’s western development plan. He has authoredmany research and policy papers on economic reforms and worked onresearch projects for countries like Indonesia, Malaysia, Bhutan,Bangladesh, Timor-Leste amongst others. He works with the republic ofJordan on a national program of poverty reduction and Qatar on ICTand education (Sach, 2005).

He has also intensely worked with African countries to reduce povertythrough advising their leaders at several AU summits. He has engagedAfrican leaders in promoting smallholder agriculture and fight highdisease burdens through strengthening primary health care systems.Sach is an advisor to African governments like Kenya, Ethiopia,Ghana, Malawi, Tanzania, Senegal, Uganda, Nigeria and Mali. Hedirects the millennium village project, which is operating in morethan one dozen African countries covering half a million people. Itskey concepts are rural developments. Sach’s work has beeninfluential to economics and development largely (TIECU).

References

Sachs, J. (2005).&nbspTheend of poverty: Economic possibilities for our time.London: Allen Lane.

TEICU The earth institute Columbiauniversity. (N.d). Fullbio: Jeffrey D. Sachs,retrieved from http://www.earth.columbia.edu/articles/view/1770