Abstract
The book under review is written by an eminent economist, Joseph E. Stiglitz, 2001 Nobel laureate, who takes on globalization's advocates, disarming them with his logic and killing them with his compassion. 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 U.S. Treasury. Stiglitz who has been; chairman of the Council of Economic Advisers under Bill Clinton from 1993 and Chief Economist at the World Bank from 1997, became disillusioned with the IMF and other international institutions, which he came to believe, acted against the interests of poverty ridden developing countries and sums up his personal experience in the book Globalization and its Discontents
Dr. Qader Bakhsh Baloch,. (2007) GLOBALIZATION AND ITS DISCONTENTS, The Dialogue, Volume 2, Issue 1.
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