Dimensions
148 x 210 x 22mm
'Globalisation today is not working. It is not working for many of the world's poor. It is not working for much of the environment. It is not working for the stability of the global economy.'
From a leader of the anti-globalisation movement, a statement like this would not be remarkable. But coming from Joseph Stiglitz - former Chief Economist at the World Bank, former Chairman of President Clinton's Council of Economic Advisors and winner of the Nobel Prize for Economics - it is startling and challenging.
It is Stiglitz's extraordinary authority and experience that make this book so compelling. He argues that the West - acting through the International Monetary Fun and World Trade Organisation - has seriously mismanaged the processes of privatisation, liberalisation and stabilisation, and that by following its advice many Third World countries and former Communist states are actually worse off now than they were before.
