Globalization and Its Discontents by Joseph E. Stiglitz

Globalization and Its Discontents is a book published in 2002 by the 2001 Nobel laureate Joseph E. Stiglitz. The book draws on Stiglitz's personal experience as chairman of the Council of Economic Advisers under Bill Clinton from 1993 and chief economist at the World Bank from 1997. During this period Stiglitz became disillusioned with the IMF and other international institutions, which he came to believe acted against the interests of impoverished developing countries

Joseph E. Globalization and . .disconccnts I Joseph E. aphical references and index. ISBN 0-393-05124-2 I. International economic integration. Globalization and its discontents. impose on the importing of bananas from countries other than their tor mer colonies) were of interest to only a few. Now sixteen-yearold kids from the suburbs have strong opinions on such esoteric treaties as GATT (the General Agreement on Tariffs and Trade) and NAFTA (the North American Free Trade Area, the agreement signed in 1992 berween Mexico, United States, and Canada that allows for the freer movement of goods, services, and investtnent-but not people-among those countries).

Author: Joseph Stiglitz. Norton & Company, Inc. New York. His books include The Roaring Nineties and Globalization and Its Discontents. Globalization and its Discontents is not a critique of globalization as its name implies, it is rather a critique of the International Monetary Fund ("IMF") and other agencies of international financial governance - principally the World Bank and the .

Stiglitz's ''Globalization and Its Discontents'' is more of an economic treatise than a narrative critique, and he does not mention David Halberstam's work. But he paints a similar picture of how rampant arrogance, simplistic nostrums and disdain for foreign political realities doomed globalization. He argues that in the hands of the Washington brain trust, globalization became a neoimperialist force that left hundreds of millions of people worse off in 2000 than they were in 1990.

Joseph Stiglitz, economics professor at Columbia University, gestures as he speaks during a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, January 25, 2018. Jason Alden, Bloomberg. Globalism’s discontents have risen up in the form of international terrorism, warring parties in the Middle East, and most recently voters who line up behind authoritarian nationalists. Globalism’s fallout, argues Stiglitz in the new book, which is an updated version of the original. featuring several new chapters and a lengthy afterword, has harmed the poorest of the poor more than he foretold, while proving a periodic boon for emerging markets, such as those in China, India, Russia, and Brazil, which have managed to turn globalisation into largesse for its ownership class.

Globalization and its Discontents book. 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 concerne When it was first published, this national bestseller quickly became a touchstone in the globalization debate. 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.

Aug 5, 2016 Joseph E. NEW YORK – Fifteen years ago, I wrote a little book, entitled Globalization and its Discontents, describing growing opposition in the developing world to globalizing reforms. The main message of Globalization and its Discontents was that the problem was not globalization, but how the process was being managed. Unfortunately, the management didn’t change. Fifteen years later, the new discontents have brought that message home to the advanced economies. Germany Must Bet on NATO.