So which is the most relevant theory of development?

All these theories have something to offer and each has a component that is relevant to the problems of development.

Joseph Stiglitz

Stiglitz is a recipient of the Nobel prize in economic sciences in 2001 and he is also the former Senior Vice President and chief economist of the World bank.

Stiglitz is known for his critical view of the management of globalization, free-market economists (whom he calls ”free market fundamentalists”) and some international institutions like IMF and WB.

If you dont have tome to read Stiglitz book ”Globalization and Its Discontents” you can listen to as audio when Stiglitz discusses the book with Kenneth Rogoff. The discussen briefly shows why some countries have been able to use the Globalization process for their benefit and why.

Go to and click on B-span podcast ”Stiglitz and Rogoff on Globalization and its discontents”

http://info.worldbank.org/etools/bspan/index.asp

 

 

 

 

 

2 svar to “So which is the most relevant theory of development?”

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