Essay
"Globalism's Discontents" by Joseph E. Stiglitz
Stiglitz sorts out the different meanings of globalization. He maintains that globalization has brought large benefits to a few with few benefits to the many. The author further argues that issues of control/management and globalization ideology play crucial roles in determining whether globalization is beneficial or detrimental.
-Discuss the ways, according to Stiglitz, that "liberalization of capital markets" has hurt developing countries during the process of globalization.
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