Globalization and Its Discontents

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Penguin Books, 2002 - Foreign trade regulation - 288 pages
9 Reviews
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Our world is changing. Globalisation is not working. It is hurting those it was meant to help. And now, the tide is turning . . .Explosive and shocking, Globalization and Its Discontentsis the bestselling expose of the all-powerful organisations that control our lives - from the man who has seen them at work first hand. As chief economist at the World Bank, Nobel Prize-winner Joseph Stiglitz had a unique insider's view into the management of globalisation. Now he speaks out against it- how the IMF and WTO preach fair trade yet impose crippling economic policies on developing nations; how free market 'shock therapy' made millions in East Asia and Russia worse off than they were before; and how the West has driven the global agenda to further its own financial interests. Globalisation can still be a force for good, Stiglitz argues. But the balance of power has to change. Here he offers real, tough solutions for the future.

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LibraryThing Review

User Review  - Acia - LibraryThing

This book is necessary and important for its critical insight of powerful institutions, governments and players. Having lived in Latin America for many years, I've experienced first hand the consequences of disastrous policies. Read full review

LibraryThing Review

User Review  - the.ken.petersen - LibraryThing

I have long wanted to understand how the World Bank and the IMF work. This book gives an excellent description from an ex-Chief Economist at the World Bank. Joseph Stiglitz cannot be dismissed as some ... Read full review

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About the author (2002)

Joseph E. Stiglitz was Chairman of the President's Council of Economic Advisers 1995-7 and Chief Economist at the World Bank 1997-2000. He is currently University Professor at Columbia University, teaching in the Department of Economics, the School of International and Public Affairs, and the Graduate School of Business. He is also the Chief Economist of the Roosevelt Institute and a Corresponding Fellow of the Royal Society and the British Academy. He won the Nobel Prize for Economics in 2001 and is the bestselling author of Globalization and Its Discontents, The Roaring Nineties, Making Globalization Work, Freefall, The Price of Inequality and The Great Divide, all published by Penguin.

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