might be a little out of date now ( )

This book is necessary and important for its critical insight of powerful institutions, governments and players. Having lived in Latin America for many years, I've experienced first hand the consequences of disastrous policies. ( )

Maldita globalização que é resultado de um processo de enxugamento do território e das comunidades, logo do trabalho e das pessoas.

O resultado? um nevoeiro de capital que circula pelo mundo, corroendo valor e saltando para o próximo local, sempre deixando menos do que o que ofereceu.

Em particular, a sustentabilidade nas suas três dimensões, sai afetada e torna mais desigual os processos económico, ambiental e social - criando muitas vezes desiquilíbrios que resultam do enfraquecimento dos Estados.

Um dos primeiros grandes críticos da globalização e da inevitabilidade.
Uma leitura obrigatória para todos os que atacam ou defendem este fenómeno dos nossos dias que arrisca ser o disparo para grande parte das transformações que vivemos (digitais ou não) ( )

I have long wanted to understand how the World Bank and the IMF work. This book gives an excellent description from an ex-Chief Economist at the World Bank. Joseph Stiglitz cannot be dismissed as some wild left-wing trouble maker and, although he has been accused of using the book as a settling scores, there is not to be found in the text. The book gives an over-view of the system and is written in a style that is readily comprehensible by someone with little or no understanding of fiscal matters (ME!)

After a potted history of these entities, the book concentrates upon interventions which were made during the period that the author was involved. It clearly shows that the financial assistance given to the smaller countries by the IMF came with strings which hampered, rather than assisted their path to Capitalist heaven. Mr Stiglitz still believes in Globalisation and, when the evidence against the banking system becomes incontrovertible, he suggests methods to correct these structures. This, to me, is the weakest part of the book: he seems to believe that, at government level, there is a real desire to bring countries into the bosom of healthy capitalism and he appears unwilling to consider that, whilst throwing crumbs to struggling economies, a pool of desperate labour, willing to work for a pittance, and often in unsafe conditions, is pure gold to today's TNC's, who have government in a strangle hold. ( )

Is an excellent book. It shows you under a clear perspective the impact of Globalization in the countries that are not prepare to be globalize. It shows how the regulations that may work for some countries do not apply to the others,these regulations are not based in the real situation of the country, in their market conditions, they suffer, their people suffer and in order to have the money they need they need to adapt and accept conditions that in the long term instead of improving their quality of life it decreases it. I highly recommend this book to all the people that will like to know about the real impact of the Transnational organizations such as the Monetary Found in the world. ( )