Globalization and Its Discontents

"...Stiglitz packs [a] wallop both because he argues his case trenchantly and because he writes as a disaffected insider.Yet for the same reason, his book seems overly tendentious, even vengeful.....While parts of this book are disappointingly shallow, Stiglitz's critique of the market-driven 90's still resonates, especially when the business pages are full of stories about white-collar crime and the stock market seems stuck in a perpetual rut....It is testament to the salience of Stiglitz's arguments that many economists...now embrace his view that economic change in the developing world must evolve more with local conditions, not on Washington's calendar. Without a thorough makeover, globalization could easily become a quagmire."Stiglitz, Joseph E. is the author of 'Globalization and Its Discontents' with ISBN 9780393324396 and ISBN 0393324397.