Michel Camdessus responds to Joseph Stiglitz

COMMENTARY - A Commentary by Michel Camdessus, Honorary Governor of the Bank of France, 24 October.

In our July 18 issue, the author of Globalization and Its Discontents, a former World Bank Chief Economist, had personally criticized Michel Camdessus, former Managing Director of the International Monetary Fund, in these terms: "In December 1997 in Kuala Lumpur, during a meeting of Ministers of Finance of the G-7 and leading Asian countries, I told Michel Camdessus, then the head (French) of

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