According to Sachs, a long-term peace in Ukraine can be built on six principles:
“At the moment, of course, we are nowhere near such an agreement, but it is not impossible to get there,” he noted.
Asked about the Hungarian government’s position, the economist said that Hungarian Prime Minister
“Viktor Orbán is the only European leader who has a realistic view of the situation in Ukraine”.
“He understands that this is a senseless and unnecessary war, brought about by NATO enlargement, and that it will be a tragedy and a dead end for Ukraine for as long as it lasts. Unlike other European leaders, he also recognises that Russia will not accept defeat on the battlefield without escalating the conflict into a nuclear war,” Sachs added.
Speaking of the emerging new world order, Jeffrey Sachs said that “Washington is fighting to maintain US hegemony despite the fact that there is no longer any realistic prospect of US global dominance”.
“The rise of the BRICS, especially China and India, has fundamentally changed the geopolitical reality,”
he stressed. “The international order has already been transformed into a multipolar one, but US politicians do not understand this, they are stuck in a mindset and a worldview that has been outdated for at least 30 years,” Sachs explained.
“We must not forget that the United States today accounts for only 4.1% of the world's population, while giants such as China, Indonesia, Brazil, India or Pakistan do not want Washington's autocracy, they are becoming technological and industrial superpowers, not to mention nuclear powers,” the economist noted.