Joseph Stiglitz and the World Bank: The Rebel Within

by Ha-Joon Chang (Editor)

No one has challenged the policies of the international financial community as profoundly as Joseph Stiglitz, the former Chief Economist of the World Bank. In controversial speeches made around the world, Stiglitz has undone the conventional wisdom that dominated policy-making at the World Bank, the International Monetary Fund and the US Treasury Department.

For the first time, Stiglitz's nine most revealing speeches have been gathered together, covering such topics as the failure of shock therapy and transition economics, the limits of capital market liberalization, the myopia of the Washington consensus, the role of knowledge in markets, the process of developing market institutions and the primacy of openness and worker participation. Along with Dr Ha-Joon Chang's insightful commentary, they form the most powerful representation of Stiglitz's thinking to be found anywhere. A landmark collection of material for economists everywhere.

Genres: Economics

328 pages, Hardcover

First published January 1, 2001

About the author

Ha-Joon Chang is a South Korean institutional economist, specializing in development economics. Currently he is a reader in the Political Economy of Development at the University of Cambridge.

Reviews

[Matthias Tarjo · Rating 5 out of 5]

Different view on the Big organisation like IMF and World bank, from a real insider unveals the practices and snobism behind the door of these profound organisation, and how distant they are from reality sometimes