Customer Review

2 of 2 people found the following review helpful
4.0 out of 5 stars Balanced and interesting, 28 May 2009
This review is from: Globalization and Its Discontents (Hardcover)
Very open critique of the IMF. Stiglitz concentrates on the IMF but also discusses the World bank and the WTO. I was very surprised by how open and candid he was in criticizng these institutions, considering he was a key figure in the World bank and a Clinton economic advisor.
Also he doesn't just say what is wrong with the policies of the IMF, he constantly gives suggestions on how things could be done differently. Stiglitz isn't anti-globalization, exactly. He recognises that that it leads to environmental destruction and poverty in the developing world. However, if the global institutions were run fairly and democratically, globalization could bring huge benefits to mankind.
The only criticism I have with the book is that it doesn't give many statistics.
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