What Is Stiglitz's Arguments Of Globalization?

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In this article, Stiglitz’s argues that development is not simply attained by focusing on one thing but instead a course of actions that involves multiple aspects of society. Stiglitz states that the arguments with economic globalization are pushing the free market and pushing the important roles of government and private sectors. Additionally, Stiglitz discusses how many countries that are in different situations used different strategies such as the market, government, and the Washington Consensus. On the other hand, Stiglitz points out that the Washington Consensus isn’t the best way to help increase development but for some countries it did but didn’t sustain it for long. Stiglitz believes that, to progress the government should play a

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