Re: Sachs on World Bank and IMF

To: pen-l@xxxxxxxxxxxxxxxxxxx
Subject: Re: Sachs on World Bank and IMF
From: Brad De Long <delong@xxxxxxxxxxxxxxxxx>
Date: Sat, 7 Oct 2000 15:27:52 -0700

I thought that Sachs was one of them! What happened?
   CHeers, Ken  Hanly


You were misinformed...

Ever since I met him in 1980, Jeff has said that the World Bank was
designed for a world in which sovereign governments were
credit-constrained, that we don't live in such a world, and that the
Bank's capital should be cashed out and given out not as loans but as
development grants...


Brad DeLong

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Thread context:
- Re: Marx (and Engels) article or essay request [on Irish], charlie Sun 08 Oct 2000, 18:22 GMT
- The coup in Yugoslavia, Louis Proyect Sun 08 Oct 2000, 17:50 GMT
- PLEASE ACT: Abolition of IMF/WB "user fees" on primary health and education blocked by U.S. Treasury, Mark Rickling Sun 08 Oct 2000, 17:15 GMT
- Re: Of Nationalist Thugs (and those who enthroned them), Brad De Long Sun 08 Oct 2000, 15:39 GMT
- Re: Sachs on World Bank and IMF, Brad De Long Sun 08 Oct 2000, 15:39 GMT
- Forwarded from Greg Elich (Just give the Americans what they want?), Louis Proyect Sun 08 Oct 2000, 14:36 GMT
  - Re: Forwarded from Greg Elich (Just give the Americans what they want?), Nestor Miguel Gorojovsky Sun 08 Oct 2000, 16:36 GMT
  - Re: Forwarded from Greg Elich (Just give the Americans what they want?), Jim Devine Sun 08 Oct 2000, 17:53 GMT
    - Re: Re: Forwarded from Greg Elich (Just give the Americans what they want?), Louis Proyect Sun 08 Oct 2000, 17:57 GMT

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