Showing 1 - 6 of 6
The pitfalls of Russia's post-communist transition
News, Joseph Stiglitz, Published on 04/04/2017
» Today, a quarter-century after the Cold War's end, the West and Russia are again at odds. This time, though, at least on one side, the dispute is more transparently about geopolitical power, not ideology. The West has supported in a variety of ways democratic movements in the post-Soviet region, hardly hiding its enthusiasm for the various "colour" revolutions that have replaced long-standing dictators with more responsive leaders -- though not all have turned out to be the committed democrats they pretended to be.
Trumpian uncertainty clouds crystal ball
Business, Joseph Stiglitz, Published on 17/01/2017
» Every January, I try to craft a forecast for the coming year. Economic forecasting is notoriously difficult; but, notwithstanding the truth expressed in former US president Harry Truman's request for a one-armed economist (who wouldn't be able to say "on the other hand"), my record has been credible.
A better economic plan for Japan
Business, Joseph Stiglitz, Published on 26/09/2016
» It's been a quarter-century since Japan's asset bubble burst -- and a quarter-century of malaise as one "lost decade" has followed another. Some of the criticism of its economic policies is unwarranted. Growth is not an objective in itself; we should be concerned with standards of living.
Reform or divorce to cure euro zone malaise
Business, Joseph Stiglitz, Published on 29/08/2016
» To say that the euro zone has not been performing well since the 2008 crisis is an understatement. Its member countries have done more poorly than the European Union countries outside the euro zone, and much more poorly than the United States, which was the epicentre of the crisis.
In the new geo-economy, TPP fails
News, Joseph Stiglitz, Published on 11/01/2016
» Last year was a memorable one for the global economy. Not only was overall performance disappointing, but profound changes -- both for better and for worse -- occurred in the global economic system.
Solidarity key to Europe's future
News, Joseph Stiglitz, Published on 09/06/2015
» European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has met its creditors' demands far more than halfway. Yet Germany and Greece's other creditors continue to demand that the country sign on to a programme that has proven to be a failure, and that few economists ever thought could, would, or should be implemented.