globalization and its discontents

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Steve P

 

Date added:

December 17, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 563

 

Was viewed:

7833 times

 

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Essay content:

Written history helps fill out the empirical record and enhances our understanding of economic processes. The author took full advantage of his position to write about important changes in the global economy. Professor Stiglitz also has much to say about how political factors affected policy at the IMF, US Treasury, and the World Trade Organization...
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He claims (p XIII) that ideology and bad economics thinly veiled the actions of special interests. Private interests lobbied successfully for alleged privatization and liberalization, resulting in crises. Free market ideology served as intellectual cover for these interests in efforts to justify alleged misadventures in privatization...
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