Globalization and its discontents


To complete this you must read chapters 4 and 8 from the book Globalization and Its Discontents.

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 has 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?

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Finance Basics: Globalization and its discontents
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