Globalization and Its Discontents

Globalization and Its Discontents

Book - 2002
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When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.
Publisher: New York : W. W. Norton, c2002
Edition: 1st ed
ISBN: 9780393051247
0393051242
Branch Call Number: 337 S855
337 S855
Characteristics: xxii, 282 p. ; 25 cm

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NinaET Jan 30, 2013

Nobel prize winner, Joseph Stiglitz, looks at how the IMF and the World Bank, blinded by ideology, have often caused economic hardship in the countries they were supposed to help. Stiglitz presents anecdotal evidence of the causes of the problems created in developing countries in Africa, Asia and in post-Communist Russia.

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