Failure of the Fund. / Joseph E. Stiglitz.
by Stiglitz, Joseph E; SIRS Publishing, Inc.
Material type:
BookSeries: SIRS Enduring Issues 2002Article 12Business. Publisher: Harvard International Review, 2001ISSN: 1522-3191;.Subject(s): Stiglitz, Joseph | International Monetary Fund | Financial crises -- Asia | International economic relations | International financeDDC classification: 050 Summary: "The world is just emerging from the Asian financial crisis, perhaps the most cataclysmic event to affect global capitalism since the Great Depression. While the United States emerged from this event unscathed--some might argue that it even benefited from the crisis as plummeting commodity prices reduced domestic inflationary pressures--many developing nations were not so lucky." (HARVARD INTERNATIONAL REVIEW) The author, once Chief Economist at the World Bank, offers his view on the shortcomings of the International Monetary Fund.
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High School - old - to delete | REF SIRS (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2002.
Originally Published: Failure of the Fund, Summer 2001; pp. 14-18.
"The world is just emerging from the Asian financial crisis, perhaps the most cataclysmic event to affect global capitalism since the Great Depression. While the United States emerged from this event unscathed--some might argue that it even benefited from the crisis as plummeting commodity prices reduced domestic inflationary pressures--many developing nations were not so lucky." (HARVARD INTERNATIONAL REVIEW) The author, once Chief Economist at the World Bank, offers his view on the shortcomings of the International Monetary Fund.
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