The American Century began in 1941 and ended on January 20, 2017. While the United States remains a military giant and is still an economic powerhouse, it no longer dominates the world economy or geopolitics as it once did. The current turn toward nationalism and America first unilateralism in foreign policy will not make America great. Instead, it represents the abdication of our responsibilities in the face of severe environmental threats, political upheaval, mass migration, and other global challenges.

In this incisive and forceful book, Jeffrey D. Sachs provides the blueprint for a new foreign policy that embraces global cooperation, international law, and aspirations for worldwide prosperity--not nationalism and gauzy dreams of past glory. He argues that America's approach to the world must shift from military might and wars of choice to a commitment to shared objectives of sustainable development. Our pursuit of primacy has embroiled us in unwise and unwinnable wars, and it is time to shift from making war to making peace and time to embrace the opportunities that international cooperation offers. A New Foreign Policy explores both the danger of the America first mindset and the possibilities for a new way forward, proposing timely and achievable plans to foster global economic growth, reconfigure the United Nations for the twenty-first century, and build a multipolar world that is prosperous, peaceful, fair, and resilient.

Today's most urgent problems are fundamentally global. They require nothing less than concerted, planetwide action if we are to secure a long-term future. But humanity's story has always been on a global scale. In this book, Jeffrey D. Sachs, renowned economist and expert on sustainable development, turns to world history to shed light on how we can meet the challenges and opportunities of the twenty-first century.

Sachs takes readers through a series of seven distinct waves of technological and institutional change, starting with the original settling of the planet by early modern humans through long-distance migration and ending with reflections on today's globalization. Along the way, he considers how the interplay of geography, technology, and institutions influenced the Neolithic revolution; the role of the horse in the emergence of empires; the spread of large land-based empires in the classical age; the rise of global empires after the opening of sea routes from Europe to Asia and the Americas; and the industrial age. The dynamics of these past waves, Sachs demonstrates, offer fresh perspective on the ongoing processes taking place in our own time--a globalization based on digital technologies. Sachs emphasizes the need for new methods of international governance and cooperation to prevent conflicts and to achieve economic, social, and environmental objectives aligned with sustainable development. The Ages of Globalization is a vital book for all readers aiming to make sense of our rapidly changing world.

In this passionate and powerful book--part manifesto, part plan of action--the renowned economist Jeffrey D. Sachs offers a practical strategy to move America, seemingly more divided than ever, toward a new consensus: sustainable development. Sustainable development is a holistic approach that emphasizes economic, social, and environmental objectives in shaping policy. In focusing too much on economic growth, the United States has neglected rising economic inequality and dire environmental threats. Now, even growth is imperiled.

Sachs explores issues that have captivated the nation and political debate, including infrastructure, trade deals, energy policy, the proper size and role of government, the national debt, and income inequality. Not only does he provide illuminating and accessible explanations of the forces at work in each case, but he also presents specific policy solutions. His argument rises above the pessimism born of political paralysis, economic stagnation, and partisanship to devise a brighter way forward, achievable both individually and collectively. In Building the New American Economy, Sachs shows how the United States can find a path to renewed economic progress that is fair and environmentally sustainable.

NEW YORK TIMES BESTSELLER - NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE GUARDIAN AND PUBLISHERS WEEKLY

Succinct, humane, and politically astute . . . Sachs lays out a detailed path to reform, regulation, and recovery.--The American Prospect

In this forceful and impassioned book, Jeffrey D. Sachs offers a searing and incisive diagnosis of our country's economic ills, and an urgent call for Americans to restore the core virtues of fairness, honesty, and foresight as the foundations of national prosperity. Sachs finds that both political parties--and many leading economists--have missed the big picture, profoundly underestimating globalization's long-term effects and offering shortsighted solutions. He describes a political system that is beholden to big donors and influential lobbyists and a consumption-driven culture that suffers shortfalls of social trust and compassion. He bids readers to reclaim the virtues of good citizenship and mindfulness toward the economy and each one another. Most important, he urges each of us to accept the price of civilization, so that together we restore America to its great promise. The Price of Civilization is a masterly road map for prosperity, founded on America's deepest values and on a rigorous understanding of the twenty-first-century world economy.

With a new Preface by the author

Half a century ago J. K. Galbraith's The Affluent Society changed the political consciousness of a generation. . . . Jeffrey Sachs's new book is a landmark in this great and essentially American tradition. . . . Sachs by his life and his writing goes far to restore one's wavering faith in the informing inspiration of the post-1945 new dawn, faith in economics, faith in America and faith in humanity.--The Spectator

Stimulating . . . a must-read for every concerned citizen . . . a] hard-hitting brief for a humane economy.--Publishers Weekly (starred review)

Sachs's book is loaded with information and anecdotes and] proposals that would make it harder for the powerful to rig the system for their benefit.--Scientific American

An eloquent call for American civic renewal based on moderation, compassion, and cooperation across the lines of class, ethnicity, and ideology.--CNN Money

Compelling . . . This is an important book.--Financial Times

The American Century began in 1941 and ended on January 20, 2017. While the United States remains a military giant and is still an economic powerhouse, it no longer dominates the world economy or geopolitics as it once did. The current turn toward nationalism and America first unilateralism in foreign policy will not make America great. Instead, it represents the abdication of our responsibilities in the face of severe environmental threats, political upheaval, mass migration, and other global challenges.

In this incisive and forceful book, Jeffrey D. Sachs provides the blueprint for a new foreign policy that embraces global cooperation, international law, and aspirations for worldwide prosperity--not nationalism and gauzy dreams of past glory. He argues that America's approach to the world must shift from military might and wars of choice to a commitment to shared objectives of sustainable development. Our pursuit of primacy has embroiled us in unwise and unwinnable wars, and it is time to shift from making war to making peace and time to embrace the opportunities that international cooperation offers. A New Foreign Policy explores both the danger of the America first mindset and the possibilities for a new way forward, proposing timely and achievable plans to foster global economic growth, reconfigure the United Nations for the twenty-first century, and build a multipolar world that is prosperous, peaceful, fair, and resilient.

Jeffrey D. Sachs is one of the world's most perceptive and original analysts of global development. In this major new work he presents a compelling and practical framework for how global citizens can use a holistic way forward to address the seemingly intractable worldwide problems of persistent extreme poverty, environmental degradation, and political-economic injustice: sustainable development.

Sachs offers readers, students, activists, environmentalists, and policy makers the tools, metrics, and practical pathways they need to achieve Sustainable Development Goals. Far more than a rhetorical exercise, this book is designed to inform, inspire, and spur action. Based on Sachs's twelve years as director of the Earth Institute at Columbia University, his thirteen years advising the United Nations secretary-general on the Millennium Development Goals, and his recent presentation of these ideas in a popular online course, The Age of Sustainable Development is a landmark publication and clarion call for all who care about our planet and global justice.

The Sustainable Development Goals, adopted by the United Nations in 2015, comprise an ambitious and sweeping agenda that unites economic, social, and environmental aims. What resources do the world's religious and secular traditions offer in support of these objectives? Which principles do these traditions hold in common, and how can these shared values help advance global goals?

This book presents an in-depth and deeply engaged conversation among interfaith religious leaders and interdisciplinary scholars and practitioners in pursuit of an ethical consensus that could ground sustainable development efforts. Drawing on more than two years of close-knit discussions convened by Jeffrey D. Sachs and Marcelo Sánchez Sorondo, it offers an extensive and inclusive vision of how to promote human flourishing. The book features theological, philosophical, and ethical deliberations of great diversity and depth on the challenges of sustainable development, addressing questions of poverty, environmental justice, peace, conflict, and the future of work. It includes consensus statements on the moral imperatives of sustainable development, introductions to seven major religious traditions and their conceptions of the common good, and thematic reflections. Wide-ranging and urgent, this book represents a major contribution to interreligious dialogue and to the articulation of a shared global ethics.

The book features a foreword by Pope Francis and Ecumenical Patriarch Bartholomew.

An inspiring look at the historic foreign policy triumph of John F. Kennedy's presidency--the crusade for world peace that consumed his final year in office--by the New York Times bestselling author of The Price of Civilization, Common Wealth, and The End of Poverty

The last great campaign of John F. Kennedy's life was not the battle for reelection he did not live to wage, but the struggle for a sustainable peace with the Soviet Union. To Move the World recalls the extraordinary days from October 1962 to September 1963, when JFK marshaled the power of oratory and his remarkable political skills to establish more peaceful relations with the Soviet Union and a dramatic slowdown in the proliferation of nuclear arms.

Kennedy and his Soviet counterpart, Nikita Khrushchev, led their nations during the Cuban Missile Crisis, when the two superpowers came eyeball to eyeball at the nuclear abyss. This near-death experience shook both leaders deeply. Jeffrey D. Sachs shows how Kennedy emerged from the Missile crisis with the determination and prodigious skills to forge a new and less threatening direction for the world. Together, he and Khrushchev would pull the world away from the nuclear precipice, charting a path for future peacemakers to follow.

During his final year in office, Kennedy gave a series of speeches in which he pushed back against the momentum of the Cold War to persuade the world that peace with the Soviets was possible. The oratorical high point came on June 10, 1963, when Kennedy delivered the most important foreign policy speech of the modern presidency. He argued against the prevailing pessimism that viewed humanity as doomed by forces beyond its control. Mankind, argued Kennedy, could bring a new peace into reality through a bold vision combined with concrete and practical measures.

Achieving the first of those measures in the summer of 1963, the Partial Nuclear Test Ban Treaty, required more than just speechmaking, however. Kennedy had to use his great gifts of persuasion on multiple fronts--with fractious allies, hawkish Republican congressmen, dubious members of his own administration, and the American and world public--to persuade a skeptical world that cooperation between the superpowers was realistic and necessary. Sachs shows how Kennedy campaigned for his vision and opened the eyes of the American people and the world to the possibilities of peace.

Featuring the full text of JFK's speeches from this period, as well as striking photographs, To Move the World gives us a startlingly fresh perspective on Kennedy's presidency and a model for strong leadership and problem solving in our time.

Praise for To Move the World

Rife with lessons for the current administration . . . We cannot know how many more steps might have been taken under Kennedy's leadership, but To Move the World urges us to continue on the journey.--Chicago Tribune

The messages in these four speeches seem all too pertinent today.--Publishers Weekly

In this passionate and powerful book--part manifesto, part plan of action--the renowned economist Jeffrey D. Sachs offers a practical strategy to move America, seemingly more divided than ever, toward a new consensus: sustainable development. Sustainable development is a holistic approach that emphasizes economic, social, and environmental objectives in shaping policy. In focusing too much on economic growth, the United States has neglected rising economic inequality and dire environmental threats. Now, even growth is imperiled.

Sachs explores issues that have captivated the nation and political debate, including infrastructure, trade deals, energy policy, the proper size and role of government, the national debt, and income inequality. Not only does he provide illuminating and accessible explanations of the forces at work in each case, but he also presents specific policy solutions. His argument rises above the pessimism born of political paralysis, economic stagnation, and partisanship to devise a brighter way forward, achievable both individually and collectively. In Building the New American Economy, Sachs shows how the United States can find a path to renewed economic progress that is fair and environmentally sustainable.

Book and man are brilliant, passionate, optimistic and impatient . . . Outstanding. --The Economist

The landmark exploration of economic prosperity and how the world can escape from extreme poverty for the world's poorest citizens, from one of the world's most renowned economists

Hailed by Time as one of the world's hundred most influential people, Jeffrey D. Sachs is renowned for his work around the globe advising economies in crisis. Now a classic of its genre, The End of Poverty distills more than thirty years of experience to offer a uniquely informed vision of the steps that can transform impoverished countries into prosperous ones. Marrying vivid storytelling with rigorous analysis, Sachs lays out a clear conceptual map of the world economy. Explaining his own work in Bolivia, Russia, India, China, and Africa, he offers an integrated set of solutions to the interwoven economic, political, environmental, and social problems that challenge the world's poorest countries.

Ten years after its initial publication, The End of Poverty remains an indispensible and influential work. In this 10th anniversary edition, Sachs presents an extensive new foreword assessing the progress of the past decade, the work that remains to be done, and how each of us can help. He also looks ahead across the next fifteen years to 2030, the United Nations' target date for ending extreme poverty, offering new insights and recommendations.

This handbook deals with various financial instruments, policies, and strategies in a policy-oriented approach for financing green energy projects. Recently, global investment in renewables and energy efficiency has declined, and there is a risk that it will slow further, Clearly, fossil fuels still dominate energy investments. This trend could threaten the expansion of green energy needed to meet energy security, climate, and clean-air goals. Several developed and developing economies are still following pro-coal energy policies. The extra CO2 generated from new coal-fired power plants could more than eliminate any reductions in emissions made by other nations.
Finance is the engine of development of infrastructural projects, including energy projects. By providing several thematic and country chapters, this handbook explains that if we plan to achieve sustainable development goals, we need to create opportunities for new green projects and scale up the financing of investments that furnish environmental benefits. New financial instruments and policies such as green bonds, green banks, carbon market instruments, fiscal policy, green central banking, fintech, and community-based green funds are among the chief components that make up green finance.
Naoyuki Yoshino is Dean, Asian Development Bank Institute and Professor Emeritus, Keio University. Jeffery Sachs is Director, Center for Sustainable Development at Columbia University. Wing Thye Woo is Professor of Economics, U.C. Davis. Farhad Taghizadeh-Hesary is Assistant Professor, Waseda University.

The Sustainable Development Goals, adopted by the United Nations in 2015, comprise an ambitious and sweeping agenda that unites economic, social, and environmental aims. What resources do the world's religious and secular traditions offer in support of these objectives? Which principles do these traditions hold in common, and how can these shared values help advance global goals?

This book presents an in-depth and deeply engaged conversation among interfaith religious leaders and interdisciplinary scholars and practitioners in pursuit of an ethical consensus that could ground sustainable development efforts. Drawing on more than two years of close-knit discussions convened by Jeffrey D. Sachs and Marcelo Sánchez Sorondo, it offers an extensive and inclusive vision of how to promote human flourishing. The book features theological, philosophical, and ethical deliberations of great diversity and depth on the challenges of sustainable development, addressing questions of poverty, environmental justice, peace, conflict, and the future of work. It includes consensus statements on the moral imperatives of sustainable development, introductions to seven major religious traditions and their conceptions of the common good, and thematic reflections. Wide-ranging and urgent, this book represents a major contribution to interreligious dialogue and to the articulation of a shared global ethics.

The book features a foreword by Pope Francis and Ecumenical Patriarch Bartholomew.

The Sustainable Development Report 2022 features the SDG Index and Dashboards, the first and widely used tool to assess country performance on the Agenda 2030 and the Sustainable Development Goals. In a context of multiple crises, the report analyzes and outlines how the SDGs can be used as a roadmap for more sustainable societies by 2030 and beyond. In particular, this year's edition underlines the importance of international financing mechanisms for addressing lack of fiscal space in poorer countries and promoting sustainable investments into physical and human infrastructure. The authors examine country performance on the SDGs for 193 countries using a wide array of indicators, and calculate future trajectories, presenting a number of best practices to achieve the historic Agenda 2030. The views expressed in this report do not reflect the views of any organization, agency or program of the United Nations. This title is available as Open Access on Cambridge Core.

This handbook deals with various financial instruments, policies, and strategies in a policy-oriented approach for financing green energy projects. Recently, global investment in renewables and energy efficiency has declined, and there is a risk that it will slow further, Clearly, fossil fuels still dominate energy investments. This trend could threaten the expansion of green energy needed to meet energy security, climate, and clean-air goals. Several developed and developing economies are still following pro-coal energy policies. The extra CO2 generated from new coal-fired power plants could more than eliminate any reductions in emissions made by other nations.
Finance is the engine of development of infrastructural projects, including energy projects. By providing several thematic and country chapters, this handbook explains that if we plan to achieve sustainable development goals, we need to create opportunities for new green projects and scale up the financing of investments that furnish environmental benefits. New financial instruments and policies such as green bonds, green banks, carbon market instruments, fiscal policy, green central banking, fintech, and community-based green funds are among the chief components that make up green finance.
Naoyuki Yoshino is Dean, Asian Development Bank Institute and Professor Emeritus, Keio University. Jeffery Sachs is Director, Center for Sustainable Development at Columbia University. Wing Thye Woo is Professor of Economics, U.C. Davis. Farhad Taghizadeh-Hesary is Assistant Professor, Waseda University.

This book describes the importance of the millennium development goals and gives an explanation of the progress toward the goals. It provides recommendations to be implemented at the country level and presents a guide for the international system's support for the country-level processes.

Die globale Ausrichtung der Makro konomik ist der besondere Vorzug dieses Lehrwerks zweier weltber hmter Volkswirte. F r Grund- und Hauptstudium gleicherma en zu empfehlen. Aus dem Inhalt: Grundlegende Konzepte der Makro konomik. Bestimmung des Outputs. Konsum und Sparen. Investition. Ersparnis. Investition und Leistungsbilanz. Der staatliche Sektor. Geldnachfrage. Der Geldangebotsproze . Geld, Wechselkurse und Preise. Inflation. Makropolitik und Outputbestimmung in einer geschlossenen Volkswirtschaft. Makropolitik in der offenen Volkswirtschaft: feste Wechselkurse. Makropolitik in der offenen Volkswirtschaft: flexibel Wechselkurse. Inflation und Arbeitslosigkeit. Institutionelle Bestimmungsgr nde von L hnen und Arbeitlsosigkeit. Zur Erkl rung von Konjunkturzyklen. Langfristiges Wachstum. Theorie und Praxis der Wirtschaftspolitik. Finanzm rkte. Handelbare und nicht-handelbare G ter. Beendigung hoher Inflationen.

This book describes the importance of the millennium development goals and gives an explanation of the progress toward the goals. It provides recommendations to be implemented at the country level and presents a guide for the international system's support for the country-level processes.

For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries have intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability.

Developing Country Debt and the World Economy contains nontechnical versions of papers prepared under the auspices of the project on developing country debt, sponsored by the National Bureau of Economic Research. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The contributors analyze the crisis from two perspectives, that of the international financial system as a whole and that of individual debtor countries.

Studies of eight countries--Argentina, Bolivia, Brazil, Indonesia, Mexico, the Philippines, South Korea, and Turkey--explore the question of why some countries succumbed to serious financial crises while other did not. Each study was prepared by a team of two authors--a U.S.-based research and an economist from the country under study. An additional eight papers approach the problem of developing country debt from a global or systemic perspective. The topics they cover include the history of international sovereign lending and previous debt crises, the political factors that contribute to poor economic policies in many debtor nations, the role of commercial banks and the International Monetary Fund during the current crisis, the links between debt in developing countries and economic policies in the industrialized nations, and possible new approaches to the global management of the crisis.

The Sustainable Development Report 2022 features the SDG Index and Dashboards, the first and widely used tool to assess country performance on the Agenda 2030 and the Sustainable Development Goals. In a context of multiple crises, the report analyzes and outlines how the SDGs can be used as a roadmap for more sustainable societies by 2030 and beyond. In particular, this year's edition underlines the importance of international financing mechanisms for addressing lack of fiscal space in poorer countries and promoting sustainable investments into physical and human infrastructure. The authors examine country performance on the SDGs for 193 countries using a wide array of indicators, and calculate future trajectories, presenting a number of best practices to achieve the historic Agenda 2030. The views expressed in this report do not reflect the views of any organization, agency or program of the United Nations. This title is available as Open Access on Cambridge Core.

For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability.

This project on developing country debt, undertaken by the National Bureau of Economic Research, provides a detailed analysis of the ongoing developing country debt crisis. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The project analyzes the crisis from two perspectives, that of the international financial system as a whole (volume 1) and that of individual debtor countries (volumes 2 and 3).

This third volume contains lengthy and detailed case studies of four very different Asian countries--Turkey, Indonesia, Korea, and the Philippines.