IDEAS home Printed from https://ideas.repec.org/a/taf/revpoe/v18y2006i2p253-264.html
   My bibliography  Save this article

Stiglitz and his discontent

Author

Listed:
  • Timothy Koechlin

Abstract

Globalization and its Discontents is Joseph Stiglitz's attempt to articulate to a wide audience his trenchant critique of the International Monetary Fund, its vision of globalization and, in effect, the organization of the world capitalist system. This paper argues that while Globalization and its Discontents is deeply flawed, it is ultimately an important book. Stiglitz's critique of IMF-style globalization is rooted in mainstream economic theory, but its conclusions are quite radical. Stiglitz argues that IMF policies favor the rich over the poor, stifle development, undermine democracy, and promote financial instability and crisis. His claims are by no means original. But no economist with comparably impeccable mainstream credentials has asserted so forcefully that globalization's critics are, on many crucial issues, correct. The power of Stiglitz's book lies primarily not in its originality or insight, but in its legitimization of popular criticisms of globalization.

Suggested Citation

  • Timothy Koechlin, 2006. "Stiglitz and his discontent," Review of Political Economy, Taylor & Francis Journals, vol. 18(2), pages 253-264.
    • Handle: RePEc:taf:revpoe:v:18:y:2006:i:2:p:253-264
    DOI: 10.1080/09538250600571551
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/09538250600571551
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09538250600571551?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Krugman, Paul R, 1987. "Is Free Trade Passe?," Journal of Economic Perspectives, American Economic Association, vol. 1(2), pages 131-144, Fall.
    2. Davide Gualerzi, 2005. "Stiglitz on Globalization and Development with an Eye to Keynes," Review of Political Economy, Taylor & Francis Journals, vol. 17(2), pages 317-329.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Weck-Hannemann, Hannelore, 1989. "Protectionism in direct democracy," Discussion Papers, Series II 79, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    2. Margaret A. Walls, 1990. "Welfare Cost Of An Oil Import Fee," Contemporary Economic Policy, Western Economic Association International, vol. 8(2), pages 176-189, April.
    3. Nouf Alsharif & Sambit Bhattacharyya & Maurizio Intartaglia, 2016. "Economic Diversification in Resource Rich Countries: Uncovering the State of Knowledge," Working Paper Series 09816, Department of Economics, University of Sussex Business School.
    4. Paul Wonnacott & Ronald Wonnacott, 2005. "What's the Point of Reciprocal Trade Negotiations? Exports, Imports, and Gains from Trade," The World Economy, Wiley Blackwell, vol. 28(1), pages 1-20, January.
    5. Wolfgang Kerber & Oliver Budzinski, "undated". "Towards a Differentiated Analysis of Competition of Competition Laws," German Working Papers in Law and Economics 2004-1-1090, Berkeley Electronic Press.
    6. Emmanouil Karakostas, 2022. "The Effects of Protectionism on the Exports of the Trade Partners: A Composite Index," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 15(1), pages 58-70, July.
    7. Emediegwu, Lotanna E. & Wossink, Ada & Hall, Alastair, 2022. "The impacts of climate change on agriculture in sub-Saharan Africa: A spatial panel data approach," World Development, Elsevier, vol. 158(C).
    8. Setyastuti, Rini & Adiningsih, Sri & Widodo, Tri, 2018. "The Dynamics of Comparative Advantage in the ASEAN Region," MPRA Paper 86541, University Library of Munich, Germany.
    9. Alan Deardorff, 1994. "Exploring the limits of comparative advantage," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 130(1), pages 1-19, March.
    10. Safet Kurtović & Blerim Halili & Nehat Maxhuni, 2019. "Exchange rate pass-through into import prices: evidence from Central and Southeast European countries," Indian Economic Review, Springer, vol. 54(1), pages 51-80, June.
    11. Simpson, R. David, 2002. "Definitions of Biodiversity and Measures of Its Value," RFF Working Paper Series dp-02-62, Resources for the Future.
    12. Christos N. Pitelis, 2011. "Foreign Direct Investment and Economic Integration," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume III, chapter 1, Edward Elgar Publishing.
    13. repec:jes:wpaper:y:2012:v:4:p:736-746 is not listed on IDEAS
    14. Liviu-George Maha & Andreea-Nicoleta Donici & Andreea Maha, 2012. "Limits And Difficulties In Implementing The Strategic Trade Policy," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4(4), pages 736-746, December.
    15. A. U. Santos-Paulino, 2002. "Trade Liberalisation and Export Performance in Selected Developing Countries," Journal of Development Studies, Taylor & Francis Journals, vol. 39(1), pages 140-164.
    16. Delia Ionascu & Kresimir Zigic, 2001. "Strategic Trade Policy and Mode of Competition: Symmetric versus Asymmetric Information," CERGE-EI Working Papers wp174, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    17. Sebastian Krapohl & Václav Ocelík & Dawid M. Walentek, 2021. "The instability of globalization: applying evolutionary game theory to global trade cooperation," Public Choice, Springer, vol. 188(1), pages 31-51, July.
    18. Lorenza JACHIA & Ethél TELJEUR, 1999. "Free Trade Between South Africa And The European Union," UNCTAD Discussion Papers 141, United Nations Conference on Trade and Development.
    19. D. Nayyar, 1996. "Free trade: why, when and for whom?," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 49(198), pages 333-350.
    20. Howard J. Shatz & David G. Tarr, 2017. "Exchange Rate Overvaluation and Trade Protection: Lessons from Experience," World Scientific Book Chapters, in: Trade Policies for Development and Transition, chapter 5, pages 115-127, World Scientific Publishing Co. Pte. Ltd..
    21. Kresimir Zigic, 2001. "Strategic Trade Policy, the "Committed" versus "Non-Committed" Government, and R&D Spillovers," CERGE-EI Working Papers wp177, The Center for Economic Research and Graduate Education - Economics Institute, Prague.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:revpoe:v:18:y:2006:i:2:p:253-264. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CRPE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.