Sachs called on the developed world to double aid to Africa to $US120 billion a year and meet commitments they made in 1970 to spend at least 0.7 per cent of their gross domestic product on grants and loans."
Suppose one tells their banker they won't be repaying an auto note, but they expect a home loan ASAP? Who'd be the laugh?
This guy poses as a "top economic advisor"? No wonder the UN is so irrelevant....
Sachs is the same Harvard-miseducated cretin whose policies and ''advice'' led directly to Russia's loan default and currency devaluation (it's impolite to call this fiasco a bankruptcy) in 1998.