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Globalization and Its Discontents

by

Globalization and Its Discontents Cover

 

Synopses & Reviews

Publisher Comments:

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.

Review:

"This smart, provocative study contributes significantly to the ongoing globalization debate and provides a model of analytical rigor concerning the process of assisting countries facing the challenges of economic development and transformation." Publishers Weekly

Review:

"Provocative, readable, and sure to earn Stiglitz persona non grata status in certain corridors of power." Kirkus Reviews

Synopsis:

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. Renowned academic economist Joseph E. Stiglitz served seven years in Washington, as chairman of President Clinton's Council of Economic Advisers and as chief economist at the World Bank. In this book, Stiglitz recounts his experiences in such places as Ethiopia, Thailand, and Russia. He finds repeatedly that the International Monetary Fund puts the interests of its "largest shareholder," the United States, above those of the poorer nations it was designed to serve. This insider's account of global economic policy will be hailed for its courage and honesty. 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.

About the Author

Winner of the 2001 Nobel Memorial Prize for Economics, Joseph E. Stiglitz is the best-selling author of Making Globalization Work; Globalization and Its Discontents; and, with Linda Bilmes, The Three Trillion Dollar War. He was chairman of President Clinton's Council of Economic Advisers and served as senior vice president and chief economist at the World Bank. He teaches at Columbia University and lives in New York City.

Table of Contents

Preface
Acknowledgments
1 – The Promise of Global Institutions 3
2 – Broken Promises 23
3 – Freedom to Choose? 53
4 – The East Asia Crisis: How IMF Policies Brought the World to the verge of a Global Meltdown 89
5 – Who Lost Russia? 133
6 – Unfair Trade Laws and Other Mischief 166
7 – Better Roads to the Market 180
8 – The IMF's Other Agenda 195
9 – The Way Ahead 214
Notes 253
Index 269

Product Details

ISBN:
9780393051247
Author:
Stiglitz, Joseph E.
Publisher:
W. W. Norton & Company
Compiled:
Cram 101
Author:
Stiglitz, Joseph E.
Author:
Cram101 Textbook Reviews
Author:
Cram 101
Author:
Stiglitz
Author:
Cram101 Textbook Reviews, Textbook Revie
Location:
New York
Subject:
History & Theory
Subject:
United states
Subject:
International finance
Subject:
International Relations
Subject:
Practical Politics
Subject:
International economic integration
Subject:
Foreign trade regulation
Subject:
Globalization
Subject:
International Relations - General
Subject:
History & Theory - General
Subject:
Political Process - General
Subject:
Book Notes
Subject:
Economics - International
Subject:
Politics - General
Copyright:
Edition Number:
1st ed.
Edition Description:
Includes bibliographical references and index.
Series:
Cram101 Textbook Outlines
Series Volume:
no. 01-15
Publication Date:
20020631
Binding:
Hardcover
Grade Level:
General/trade
Language:
English
Pages:
304
Dimensions:
9.48x6.52x.99 in. 1.26 lbs.

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Related Subjects

History and Social Science » Economics » General
History and Social Science » Economics » Global Economics
History and Social Science » Politics » General
History and Social Science » Politics » United States » Foreign Policy

Globalization and Its Discontents Used Hardcover
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Product details 304 pages W. W. Norton & Company - English 9780393051247 Reviews:
"Review" by , "This smart, provocative study contributes significantly to the ongoing globalization debate and provides a model of analytical rigor concerning the process of assisting countries facing the challenges of economic development and transformation."
"Review" by , "Provocative, readable, and sure to earn Stiglitz persona non grata status in certain corridors of power."
"Synopsis" by , 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. Renowned academic economist Joseph E. Stiglitz served seven years in Washington, as chairman of President Clinton's Council of Economic Advisers and as chief economist at the World Bank. In this book, Stiglitz recounts his experiences in such places as Ethiopia, Thailand, and Russia. He finds repeatedly that the International Monetary Fund puts the interests of its "largest shareholder," the United States, above those of the poorer nations it was designed to serve. This insider's account of global economic policy will be hailed for its courage and honesty. 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.
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