Joseph Stiglitz's, Globalization and its Discontents

Jonathan Perraton

Journal of International Development, 2004, vol. 16, issue 6, 897-905

Abstract: Joseph Stiglitz's Globalization and its Discontents has sparked a major critical response since its publication in that it appears to encapsulate widespread doubts about globalization processes and their governance. This review aims to probe further Stiglitz's general analysis and policy prescriptions. It is argued that Stiglitz's central concern is how globalization as currently practised acts to exacerbate existing market failures and produce new ones, and the appropriate response of international economic institutions to address the resulting global collective action problems and ensure that the potential gains from globalization are realized. Whilst many of his proposals remain vague, they can be seen as part of an emerging global social democratic agenda. Copyright © 2004 John Wiley & Sons, Ltd.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1002/jid.1134 Link to full text; subscription required (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:16:y:2004:i:6:p:897-905

DOI: 10.1002/jid.1134

Access Statistics for this article

Journal of International Development is currently edited by Paul Mosley and Hazel Johnson

More articles in Journal of International Development from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().