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In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better.
Jeffrey Sachs
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"In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better."
— Jeffrey Sachs #moneywealth

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In Asia, a lot of successful economies that had been living on their own saving, decided to op…

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In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better. — Jeffrey Sachs

About Jeffrey Sachs

Jeffrey Sachs was a Economist from United States (1954–present).

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Frequently Asked Questions

Who said "In Asia, a lot of successful economies that had been living on their own saving…"?
This quote is attributed to Jeffrey Sachs, a Economist from United States.
When did Jeffrey Sachs live?
Jeffrey Sachs lived from 1954 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.