“Globalization was a deep trend pushed by technology and right ideas, as much as anything else.”
Jeffrey Sachs
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Globalization was a deep trend pushed by technology and right ideas, as much as anything else.
Jeffrey Sachs
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The basic idea was that if a country would put its economy as an integrated piece of the world system, that it would benefit from that with economic growth. I concur with that basic view.
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We've taken the view that if the rest of the world would democratize and create market economies, that would spread the benefits of prosperity around the world, and that it would enhance our own prosperity, and our own stability and security, as well.
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The great leaders of the second world war alliance, Franklin Roosevelt and Winston Churchill, understood the twin sides of destruction and salvation. Their war aims were not only to defeat fascism, but to create a world of shared prosperity.
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Roosevelt talked not only about Freedom from Fear, but also Freedom from Want.
Jeffrey Sachs
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