Making Globalization Work: The Next Steps to Global Justice

Making Globalization Work: The Next Steps to Global Justice

by Joseph Stiglitz (Author)

Synopsis

Four years after his global best-seller, Joseph Stiglitz now brings the story up to the present, examining how change has occurred even more rapidly since then, proposing solutions and looking into the future. Here he puts forward radical new ways of dealing with the crippling indebtedness of developing countries, a new system of global reserves to overcome international financial instability, and an economically incentivised framework for dealing with energy pollutions which create global warming and which threaten us on a planetary scale. He argues convincingly for the reform of global institutions such as the UN, the IMF and the World Bank to make them truly capable of responding to the problems of our age and shows why treating developing countries more fairly is not only morally right, but because it increases global public goods, is ultimately to the advantage of the developed world too. Above all, Stiglitz argues we need to change the way we think. Now more than ever before, globalization is bringing the countries and the peoples of the world into one interdependent community, bringing with it a need to think and act globally. This trenchant, intellectually powerful and inspiring book is a step in the process.

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More Information

Format: Hardcover
Pages: 384
Publisher: Allen Lane
Published: 07 Sep 2006

ISBN 10: 0713999098
ISBN 13: 9780713999099

Author Bio
Joseph Stiglitz was Chief Economist at the World Bank until January 2000. Before that he was Chairman of President Clinton's Council of Economic Advisors. He is currently Professor of Finance and Economics at Columbia University. He won the Nobel Prize for Economics in 2001 and is the author of the best-selling Globalization and Its Discontents and The Roaring Nineties, both published by Penguin.