Joseph Stiglitz
Stiglitz warns on World Bank violence
Joseph Stiglitz, the former chief economist of the World Bank, has launched an attack on US plans to appoint Paul Wolfowitz as the World Bank's new president. He suggested the appointment could lead to violent protests.
Democracy in inaction at the World Bank
This article by Joseph Stiglitz asks why the search for James Wolfensohn's successor at the World Bank should be limited to an American loyal to a particular political party? According to the Nobel laureate, the entire process of choosing its leaders is…
Central bank technocrats rule democratic roost
Joseph Stiglitz said in an article in Business Day, Johannesburg, that research shows that if central banks focus on inflation, they do a better job at controlling inflation. However, controlling inflation is not an end in itself: it is merely a means of…
The Fund and Bank: learning the right lessons?
Recent vitriolic attacks on the Bretton Woods twins go too far. But some changes are urgently needed. Frank Cassell calls for less G7 dominance and more executive board independence.
Has Russia Been on the Right Path?
RESEARCH - A Commentary by Kenneth Rogoff, Economic Counsellor and Director, Research Department, IMF, Vedomosti, 26 August. Rogoff compares the progress to market reform of Russia against that of China and quotes Joseph Stiglitz on the "enormous success…
IMF and World Bank collaborate closely
LETTER - Letter published in the Financial Times on Wednesday from a former Deputy Managing Director of the IMF. P.R. Narvekar describes Joseph Stiglitz criticism of the IMF as "baseless and vicious".
Open letter by Kenneth Rogoff to Joseph Stiglitz
LETTER - An open letter by Kenneth Rogoff, Economic Counsellor and Director of Research, International Monetary Fund, to Joseph Stiglitz, author of Globalization and Its Discontents (New York: W.W. Norton & Company, June 2002), Washington D.C., 2 July.
Study of asymmetric markets wins economics award
NOBEL PRIZE - Three American economists have been awarded this year's Nobel prize for their work on the advantages enjoyed by sellers over buyers in markets ranging from jobs to crops to second-hand cars.