November 4, 1997

Expert on global competitiveness to speak Nov. 6 at Wayne State

Jeffrey Sachs, a widely known Harvard economist and economic adviser to governments on several continents, will deliver the ninth annual Samuel M. Levin Economics Award Lecture at 4 p.m. Thursday, Nov. 6 in Wayne State University's McGregor Memorial Conference Center. The topic will be "Global Capitalism and the American Interest."

Sachs, the Galen L. Stone professor of international development at Harvard University, is director of the Harvard Institute for International Development and a research associate of the National Bureau of Economic Research.

An expert on economic development and global competitiveness, he advises governments in Europe, Asia and Latin America and has served as a consultant to the World Bank, the International Monetary Fund and the United Nations Development Program. New York Times Magazine has referred to him as "probably the most important economist in the world" and Time magazine cited him as "the world's best known economist."

Sachs was instrumental in design of a program that helped the government of Bolivia reduce that country's inflation rate from 40,000 percent annually to 10 percent. He also has advised the governments of Argentina, Brazil, Ecuador, Estonia, Poland, Russia and Slovenia among others. He is a member of the American Academy of Arts and Sciences, the Brookings Panel of Economists and the board of advisers for the Chinese Economists Society.

For more information about the Levin Lecture call the sponsoring WSU economics department at (313) 577-3346.

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