๐Ÿ“œintro to political science review

Stiglitz

Written by the Fiveable Content Team โ€ข Last updated September 2025
Written by the Fiveable Content Team โ€ข Last updated September 2025

Definition

Joseph Stiglitz is a renowned American economist and a recipient of the Nobel Memorial Prize in Economic Sciences (2001), known for his critical analysis of the Bretton Woods Institutions, such as the International Monetary Fund (IMF) and the World Bank, and their approach to globalization and economic policy. His work emphasizes the importance of addressing information asymmetries and promoting equitable growth strategies within the global economic framework.