Jeffrey Sachs: "Han-Jung-Il Must Cooperate More... We Must Not Be Trapped in a Fake Cold War"

2023 KSP Performance Sharing Conference on the 11th

Professor Jeffrey Sachs of Columbia University in the United States is delivering the keynote speech at the '2023 Economic Development Experience Sharing Project Performance Sharing Conference' held on the 11th at the Chosun Hotel in Jung-gu, Seoul. Photo by Jinhyung Kang aymsdream@

Renowned economist Jeffrey Sachs, a professor at Columbia University in the United States, emphasized on the 11th that "South Korea, China, and Japan need to cooperate more closely."

On the same day, Professor Sachs stated this in his keynote speech at the '2023 Economic Development Experience Sharing Project Performance Sharing Conference' held at the Chosun Hotel in Jung-gu, Seoul, saying, "The three countries (South Korea, China, and Japan) should not engage in conflict while trapped in the structure of a fake Cold War."

KSP is a project that supports the economic and social development of partner countries by sharing South Korea's economic and social development know-how with the international community. About 300 officials attended this event, including Cho Dong-chul, president of the Korea Development Institute (KDI), Jeffrey Sachs, professor at Columbia University, and Richard Damania, senior economist at the World Bank.

Professor Sachs explained, "I hope more opportunities open up for China, Japan, South Korea, Mongolia, and Russia in Northeast Asia," adding, "More cooperation is needed, and geopolitical tensions must be eased." He further added, "If the three countries of South Korea, China, and Japan cooperate, they can lead the world in a positive direction and create change."

Additionally, Professor Sachs commented on the war between Russia and Ukraine, stating, "It can be ended through diplomacy rather than imposing sanctions," and argued, "The United States overly emphasized NATO's expansion, which also triggered the war."

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