Stiglitz, Joseph E.

How can the poorer countries of the world be helped to help themselves through freer, fairer trade? This book suggests a radical and realistic new model for managing trading relationships between the richest and the poorest countries. The approach is designed to open up markets in the interests of all and not just the most powerful economies, to ensure that trade promotes development, and to minimise the costs of adjustments.

When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank.