Hypocrisy is too kind a word: if globalisation is such a great thing, why do so many people in developing countries not realise that they are happy and benefiting from it?

New AfricanNbr. 2002, July 2002

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Not in Black or White - International Monetary Fund

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Hypocrisy is too kind a word: if globalisation is such a great thing, why do so many people in developing countries not realise that they are happy and benefiting from it?

How to make enemies and alienate important people? Write a book tearing globalisation apart when you, yes you, used to be the chief economist of the World Bank. And, before that, you were the chairman of President Clinton's Council of Economic Advisors.

With his Nobel Prize for Economics (yep, he's been there and done that: 2001) tucked safely under his arm, Professor Joseph Stiglitz (see p50) has decided to boldly go where no former senior employee of a Bretton Woods institution has gone: i...

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