Mundialisation and its Discontents

Joseph Stiglitz argues that World Trade Organization; International Monetary Fund (IMF) and World Bank (WB) are the major force, which is driving globalization process. In many cases IMF and WB failed to prevent global economic crises and in many cases are filed to provide sustainable development of many countries, mostly in Africa. For example, shortly before Asia crises experts of these organizations pointed that Asia is the most successful illustration of efficiency of liberal economic policies. …