Globalization and Its Discontents

A few people could be better informed on the issues surrounding the phenomenon of globalization that Joseph E. Stieglitz, the author of "Globalization and Its Discontents", Nobel Prize winner and former vice-President of the World Bank, currently teaching at Columbia University's Economics Department, the School of International and Public Affairs, and the Business School.

This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics.

When it was first published, the book 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.

W.W. Norton & Company; 1st edition (June 2002)
192 Pages.
ISBN: 0393051242
You can order the book at: Amazon online bookstore.