Question:
The essay should be about 800-1000 words and should address the following questions. To complete this you must read chapters 4 and 8 from the book Globalization and Its Discontents. Both of these chapters are available in separate documents (named Stiglitz, Ch.4 and Stiglitz, Ch.8) on blackboard.
In the book Globalization and Its Discontents, economist Joseph Stiglitz argues that IMF intervention worsened the East Asian financial crisis of the late 1990s. How, according to Stiglitz?
Stiglitz also argues that the IMF as another agenda besides its stated agenda of promoting stability and growth in LDCs. What does he mean by this? What, according to Stiglitz is the IMF's other agenda?