Globalization and Its Discontents

Category: Book
By (author): Stiglitz, Joseph E
Series: Norton Paperback
Subject:  BUSINESS & ECONOMICS / General
  BUSINESS & ECONOMICS / International / General
  POLITICAL SCIENCE / Globalization
Publisher: WW Norton
Published: April 2003
Format: Book-paperback
Pages: 304
Size: 8.24in x 5.50in x 0.80in
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Additional Notes

From The Publisher*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 Quote*"[An] urgently important new book." - George Scialabba (Boston Globe)

"Penetrating, insightful.... A seminal work that must be read." - George Soros

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

"A great tour of the complexities of economic policymaking. Getting a top economist to subject the US Treasury and the IMF to withering scrutiny... is good for the long-term health of the system." - William Easterly (Financial Times)

"Entertaining, insightful, and well-written.... Makes a compelling case." - Foreign Affairs

"[A] smart, provocative study... Impassioned, balanced and informed... A must-read." - Publishers Weekly

"A war story from inside the halls of the White House and the World Bank, the confession of a powerful economist with a political conscience and a healthy degree of common sense." - Lenora Todaro (The Village Voice)

"A fresh, much-needed look at how these institutions-primarily the International Monetary Fund-affect policy... Stiglitz has done important work..." - Anna Lappé (San Francisco Chronicle)

"Development and economics are not about statistics. Rather, they are about lives and jobs. Stiglitz never forgets that..." - Frank Bures (Christian Science Monitor)

"[W]ill surely claim a large place on the public stage." - Benjamin M. Friedman (The New York Review of Books)
Biographical NoteJoseph E. Stiglitz is a Nobel Prize-winning economist and the best-selling author of The Price of Inequality, Freefall, and Globalization and Its Discontents. He is a columnist for the New York Times and Project Syndicate and has written for Vanity Fair, Politico, The Atlantic, and Harper's. He teaches at Columbia University and lives in New York City.