Examines the effects of global economic policies on developing nations, discussing agencies and concepts including the International Monetary Fund, the East Asia crisis, trade laws, fair markets, and privatization.

In this hugely controversial book, the most recent winner of the Nobel Prize for Economics argues that though globalization should be a powerful force for good, it has been badly mishandled by the West (especially its lead institutions, the World Bank and the IMF), and that the anti-globalizing protestors have

**Over 1 million copies sold worldwide** MAJOR NEW EDITION From Nobel laureate Joseph Stiglitz, Globalization and its Discontents is the bestselling exposé of the all-powerful organizations that control our lives. Joseph Stiglitz's landmark book lifted the lid on how globalization was hurting those it was meant to help. Many of

Drawing on his academic and professional expertise, the author explains how the United States exported bad economics, bad policies, and bad behavior to the rest of the world, only to provide a substandard response when the markets finally seized up.

Examines how the wealthy classes have contributed to growing inequality in society and explains how the quest to increase wealth has hindered the country's economic growth as well as its efforts to solve its most pressing economic problems.