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Toward a Globalisation with a more human face
Joseph Stiglitz
As chief economist at the World Bank, Nobel prize-winner Joseph Stiglitz had a
unique insider's view into the management of globalisation during the period
1997 to 2001. Now he speaks out against it in his book -
Globalisation and Its
Discontents.
He documents: how the International Monetary Fund (IMF) and the
World Trade Organisation (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 more advanced
industrial countries have driven the global agenda to further their own
financial markets and interests.
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