1. Globalization Benefits And Threats
... capital genie back into the bottle, at least for a while. This intellectual change of heart can also be seen in parts of the international policy community. Respected economists such as Joseph Stiglitz23 (another former chairman of the Council of Economic Advisors) have argued that capital account liberalisation needs to be moved back on the policy agenda of emerging market economies. At ... changing in some quarters. The focus of the multilateral development banks is moving in the direction of recognising the legitimating role of civil society' and the importance of social capital'. Jo...
- Word Count: 9082
- Approx Pages: 36
- Grade Level: Undergraduate