Globalization and Its Discontents (Google eBook)

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W. W. Norton & Company, Apr 17, 2003 - Business & Economics - 304 pages
40 Reviews

This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics.

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.
  

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Review: Globalization and Its Discontents

User Review  - Anna - Goodreads

I chose this book as part of my university studies and I never regreted reading it. It explains how the International Monetary Fond and co. work. Not only does it provide a deep insight, but it is written is such a great language that it captures the reader from the start. Read full review

Review: Globalization and Its Discontents

User Review  - Goodreads

I chose this book as part of my university studies and I never regreted reading it. It explains how the International Monetary Fond and co. work. Not only does it provide a deep insight, but it is written is such a great language that it captures the reader from the start. Read full review

All 6 reviews »

Contents

III
6
IV
26
V
56
VI
92
VIII
169
IX
183
X
198
XI
217
XII
256
XIII
262
XIV
278
Copyright

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Page xvi - Decisions were made on the basis of what seemed a curious blend of ideology and bad economics, dogma that sometimes seemed to be thinly veiling special interests.
Page 8 - A growing divide between the haves and have-nots has left increasing numbers in the Third World in dire poverty, living on less than a dollar a day.
Page 10 - But even when not guilty of hypocrisy, the West has driven the globalization agenda, ensuring that it garners a disproportionate share of the benefits, at the expense of the developing world.

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About the author (2003)

Joseph E. Stiglitz is a Nobel Prize-winning economist and the best-selling author of The Price of Inequality, Freefall, and Globalization and Its Discontents. He is a columnist for the New York Times and Project Syndicate and has written for Vanity Fair, Politico, The Atlantic, and Harper's. He teaches at Columbia University and lives in New York City.

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