9780713996647 - Globalization and its discontents

Globalization and its discontents

In 'Globalization and its discontents', Nobel Prize-winning economist Joseph Stiglitz offers a critical examination of the international economic system and its impact on global inequality. With a focus on the policies of the International Monetary Fund (IMF) and the World Bank, Stiglitz argues that globalization, as currently managed, has often failed to deliver on its promises of prosperity for all. Instead, it has exacerbated disparities between the rich and the poor, both within and between nations. Drawing on his firsthand experiences as the former Chief Economist of the World Bank, Stiglitz provides insightful analysis into the flaws of global economic governance and proposes reforms to make globalization work for everyone. This book is a must-read for anyone interested in understanding the complexities of the global economy and the challenges of achieving equitable development.

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€15.95
GOED
Auteur Joseph Stiglitz
ISBN 9780713996647
Bindwijze Hardcover
Tags Economics globalization Joseph Stiglitz IMF World Bank

Joseph Stiglitz's 'Globalization and its discontents' is a compelling critique of the global economic order, offering a unique perspective from an insider who has witnessed the workings of international financial institutions up close. The book's strength lies in its ability to dissect complex economic policies and present them in an accessible manner, making it valuable for both experts and lay readers. Stiglitz does not shy away from criticizing the IMF's one-size-fits-all approach to economic reform, which he argues has often led to disastrous outcomes for developing countries. However, some readers might find his solutions somewhat idealistic, lacking concrete steps for implementation. Despite this, the book remains an essential contribution to the debate on globalization, challenging readers to rethink the foundations of the current economic system.

'Globalization and its discontents' by Joseph Stiglitz delves into the contentious issues surrounding the global economic system, particularly the role of international institutions like the IMF and the World Bank. Stiglitz critiques the neoliberal policies that have dominated globalization, highlighting how they have frequently undermined the economies of developing nations while benefiting the wealthy. Through detailed case studies, he illustrates the negative consequences of rapid liberalization and privatization, advocating for a more balanced and inclusive approach to economic development. The book not only exposes the failures of globalization but also offers a vision for a more equitable and sustainable future, emphasizing the need for greater transparency, democracy, and social justice in global economic governance.