The Stiglitz Contribution

Ha-Joon Chang

Challenge, 2002, vol. 45, issue 2, 77-96

Abstract: When in 2001 Joseph Stiglitz won the Nobel Memorial Prize in economic sciences, along with two other economists, many rejoiced that market imperfections were at last getting some recognition. But Stiglitz's recent reputation has most to do with his rebellious attitudes at the World Bank. The author of our piece analyzes Stiglitz's major theoretical thinking about economic development in poor countries.

Date: 2002
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DOI: 10.1080/05775132.2002.11034142

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