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AROUND THE QUADS
Sachs, Noted Economist, To Head Earth
Institute By Lisa Palladino
Harvard University Professor Jeffrey D. Sachs has been named
director of Columbia’s Earth Institute, effective July 1.
Sachs, who serves as an economic adviser to several governments and
is a special adviser to the United Nations, is widely considered
one of the most important economists in the world.
At Columbia, Sachs will be professor of economics, international
and public affairs and health policy and management, with
appointments in three schools: Arts and Sciences, the School of
International and Public Affairs and the Mailman School of Public
Health. Sachs’ appointment was made jointly by President
George Rupp and his successor, Lee C. Bollinger. He will report to
Provost Jonathan R. Cole ’64 on the operations of the Earth
Institute as an academic research and teaching unit and to the
president on matters pertaining to the development of the
institute’s global agenda.
At Harvard, where he has been since he entered as a first-year
29 years ago, Sachs is director of the Center for International
Development and Galen L. Stone Professor of International Trade. He
also is former director of the Harvard Institute for International
Development and a research associate of the National Bureau of
Economic Research. During 2000–01, he chaired the Commission
on Macroeconomics and Health of the World Health Organization, and
from September 1999 through March 2000, he served as a member of
the International Financial Institutions Advisory Commission, which
was established by Congress. Sachs also serves as co-chairman of
the Advisory Board of The Global Competitiveness Report, and has
been a consultant to the IMF, the World Bank, the OECD and the
United Nations Development Program.
During 1986–90, Sachs was an adviser to the president of
Bolivia, and from 1988–90, he advised the governments of
Argentina, Brazil, Ecuador and Venezuela on financial reform. In
1989, he advised Poland’s Solidarity movement on economic
reforms, and at the request of the Solidarity leadership, prepared
a draft program of radical economic transformation. After August
1989, he advised Poland’s first post-communist government on
the introduction of radical economic reforms in 1990 and 1991. From
fall 1991 through January 1994, he led a team of economic advisers
for Russian President Boris Yeltsin on issues of macroeconomic
stabilization, privatization, market liberalization and
international financial relations.
Sachs founded a non-governmental research unit, the Institute
for Economic Analysis, in Moscow. In addition, he advised the
Slovenian and Estonian governments on the introduction of new
national currencies in 1991 and 1992. During 1991–93, he
advised the Mongolian government on macroeconomic reforms and
privatization.
In January 1998, Sachs was the first foreigner in the 43-year
history of Japan’s Liberal Democratic Party to be asked to
deliver a keynote address at the LDP national convention. Sachs
also served as the economic adviser to the Jubilee 2000 movement,
meeting with Pope John Paul II; he previously met with the pope in
1990 as a member of a group of economists invited to confer with
the Pontifical Council on Justice and Peace in advance of the Papal
Encyclical Centesimus Annus.
Sachs’ research interests include the links of health and
development, economic geography, globalization, transition to
market economies in Eastern Europe and the former Soviet Union,
international financial markets, international macroeconomic policy
coordination, emerging markets, economic development and growth,
global competitiveness and macroeconomic policies in developing and
developed countries.
The Earth Institute, a leader in earth systems teaching and
research, is a federation of eight research and teaching centers:
Lamont-Doherty Earth Observatory, Goddard Institute for Space
Studies at Columbia, Biosphere 2 Center, Center for Environmental
Research and Conservation, Earth Engineering Center, International
Research Institute for Climate Prediction, Center for International
Earth Science Information Network, and Laboratory of Populations,
which is a joint venture of Columbia and Rockefeller
University.
Sachs has published more than 100 scholarly articles and has
authored or edited myriad books. He has received numerous awards
and honors, including membership in several academies and
societies. In addition, he is a member of the Brookings Panel of
Economists, the Board of Advisors of the Chinese Economists Society
and several other organizations.
Sachs received his B.A. in 1976, M.A. in 1978 and Ph.D. in 1980,
all from Harvard. He joined the faculty there as an assistant
professor in 1980 and was promoted to associate professor in 1982
and full professor in 1983.
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