5 of 5 people found the following review helpful
Must read for African leaders & developing countries,
This review is from: Globalization and Its Discontents (Hardcover)
All to often African leaders are fearful of going against the IMF/World Bank policies. This book will help African leaders build the confidence to challenge these institutions: "The Washington Concensus". Stiglitz has offered developing nations a better understanding of the role of the Washington Concensus and the negative impact of their policies on development. It provides a clear understanding of the need to think through alternate development stratgies before entirely accepting the IMF/World Bank prescriptions. Bottomline: Stiglitz bangs it into your head that you have a chioce, an alternate path to development. It must not be the IMF way.
It's fun and easy to read, and a definite reading companion.