Globalization and its Discontents | Study Guide

Joseph Stiglitz

Download a PDF to print or study offline.

Study Guide
Cite This Study Guide

How to Cite This Study Guide

quotation mark graphic
MLA

Bibliography

Course Hero. "Globalization and its Discontents Study Guide." Course Hero. 26 Apr. 2019. Web. 26 June 2019. <https://www.coursehero.com/lit/Globalization-and-its-Discontents/>.

In text

(Course Hero)

APA

Bibliography

Course Hero. (2019, April 26). Globalization and its Discontents Study Guide. In Course Hero. Retrieved June 26, 2019, from https://www.coursehero.com/lit/Globalization-and-its-Discontents/

In text

(Course Hero, 2019)

Chicago

Bibliography

Course Hero. "Globalization and its Discontents Study Guide." April 26, 2019. Accessed June 26, 2019. https://www.coursehero.com/lit/Globalization-and-its-Discontents/.

Footnote

Course Hero, "Globalization and its Discontents Study Guide," April 26, 2019, accessed June 26, 2019, https://www.coursehero.com/lit/Globalization-and-its-Discontents/.

Globalization and its Discontents | Key Figures

Share
Share
Key Figure Description
Michel Camdessus Michel Camdessus (b. 1933) is a French economist who served as managing director of the IMF from 1987 to 2001. He was a strong advocate for liberalization, which he imposed on East Asian nations during the East Asian crisis of 1997–98. Read More
Anatoly Chubais Anatoly Chubais (b. 1955) is a Russian market reformer who served as First Deputy Prime Minister during the Russian transition. He was in charge of privatization and promoted the ill-conceived "loans-for-share" program.
Bill Clinton Bill Clinton (b. 1946) is an American politician who served as governor of Arkansas (1979–81; 1983–92) and president of the United States (1993–2001). He was generally a supporter of the free market and liberalization policies.
John Maynard Keynes John Maynard Keynes (1883–1946) was an English economist and leading light at the Bretton Woods conference. Keynes believed that government stimulus to generate full employment was the right approach to revive economic growth during a recession.
Ann Krueger Ann Krueger (b. 1934) is an American economist who served as First Deputy Managing Director of the IMF from 2001–06.
Mahathir bin Mohamad Mahathir bin Mohamad (b. 1925) is a Malaysian politician who served as president of Malaysia from 1981–2003 and since 2018. His "New Economic Policy" set Malaysia on a course of economic growth not dictated by the IMF.
Robert McNamara Robert McNamara (1916–2009) was an American businessman who served as U.S. secretary of defense under Presidents John F. Kennedy and Lyndon B. Johnson from 1961 to 1968. McNamara left the Pentagon in 1968 to lead the World Bank, where he became a leader in efforts to relieve poverty in developing countries.
Paul O'Neill Paul O'Neill (b. 1935) is an American economist who served as U.S. secretary of the treasury from 2001–02 under the administration of President George W. Bush. He headed Alcoa Aluminum from 1987 to 2000 and lobbied for the aluminum cartel to limit aluminum imports from Russia.
Ronald Reagan Ronald Reagan (1911–2004) was an American politician who served as governor of California (1967–75) and as president of the United States (1981–89). Along with British Prime Minister Margaret Thatcher, Reagan believed in "trickle-down" economics and unfettered free markets.
Robert Rubin Robert Rubin (b. 1938) is an American lawyer who served as U.S. secretary of the treasury under President Bill Clinton from 1995–99. Rubin was a strong advocate for liberalization and the Washington Consensus.
Suharto Suharto (1921–2008) was an Indonesian politician who served as president of Indonesia from 1967 to 1998. During the East Asia economic crisis, he succumbed to pressure from the IMF to implement harsh liberalization policies.
Lawrence Summers Lawrence Summers (b. 1954) is an American economist who served as chief economist of the World Bank (1991–93), U.S. secretary of the treasury under President Bill Clinton (1999–2001), and director of the National Economic Council under President Barack Obama (2009–10). During Russia's transition, Summers supported privatization, including the notorious "loans-for-share" program.
Margaret Thatcher Margaret Thatcher (1925–2013) was a British politician who served as Prime Minister of the United Kingdom (1979–90). Like U.S. President Ronald Reagan, Thatcher was a supporter of supply-side economics and drastic cutbacks in government spending on social programs.
James D. Wolfensohn James D. Wolfensohn (b. 1933) is an American banker who led the World Bank from 1995 to 2005. During his tenure Wolfensohn tried to shift the World Bank's focus toward humanitarian concerns, such as poverty reduction.
Boris Yeltsin Boris Yeltsin (1931–2007) was a Russian politician who served as president of Russia from 1990 to 1999, during the harshest periods of economic transition. He strongly supported free-market reforms and liberalization, especially privatization, from which he benefited through kickbacks from Kremlin cronies who were given control of state-owned enterprises.
Cite This Study Guide

information icon Have study documents to share about Globalization and its Discontents? Upload them to earn free Course Hero access!