Keyword: credit crunch

Who Pays for the Global Credit Crunch?

Picture: www.bmivault.org Andrew Rens - Time to Take Another Look at Jospeh Stiglitz’s ‘Globalisation and its Discontents’ How does the International Monetary Fund (IMF) respond to liquidity crises? How does this affect people in developing countries? Joseph Stiglitz wrote Globalisation and its Discontents in 2002 to address these questions, questions that are more urgent than ever today, in the current global liquidity crises. Appropriate responses to these crises is a central theme of the book, which makes it...