Jeffrey Sachs on repairing economic governance

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Jeffrey Sachs on repairing economic governance

20 Oct 2009

Speakers: Jeffrey Sachs

Jeffrey Sachs explains how the world in which we live is not only brilliant but also filled with challenges and perils. He believes 'fixing' economic governance towards a sustainable end will be the defining challenge of the 2010 generation. Governance is not working – the US-led recession is proof of this, so are the failed internatinal summits of the past decade.

Sachs divides the governance challenges facing humanity into four categories and explains each one in turn. The first is the management of instability in the global economy; the second, the transition of the world system from one that is multi-polar and US-centred: third is the challenge posed by sustainability; and fourth the crisis of global public economics and finance.

This video was kindly provided by The 21st Century School.