GLOBALIZATION AND ITS DISCONTENTS

Our world is changing. Globalisation is not working. It is hurting those it was meant to help. And now, the tide is turning . . . Explosive and shocking, Globalization and Its Discontents is the bestselling expose of the all-powerful organisations that control our lives – from the man who has seen them at work first hand. As chief economist at the World Bank, Nobel Prize-winner Joseph Stiglitz had a unique insider''s view into the management of globalisation. Now he speaks out against it: how the IMF and WTO preach fair trade yet impose crippling economic policies on developing nations; how free market ''shock therapy'' made millions in East Asia and Russia worse off than they were before; and how the West has driven the global agenda to further its own financial interests. Globalisation can still be a force for good, Stiglitz argues. But the balance of power has to change. Here he offers real, tough solutions for the future.