OPINION

World suffering a sustainability crisis

News, Jeffrey D Sachs, Published on 26/04/2012

» The annual spring meetings of the International Monetary Fund and the World Bank have provided a window into two fundamental trends driving global politics and the world economy. Geopolitics is moving decisively away from a world dominated by Europe and the United States to one with many regional powers but no global leader. And a new era of economic instability is at hand, owing as much to physical limits to growth as to financial turmoil.