I became convinced that the advanced industrial countries, through international organizations like the International Monetary Fund (IMF), the World Trade Organization (WTO), and the World Bank, were not only not doing all that they could to help these [developing] countries but were sometimes making their life more difficult. IMF programs had clearly worsened the East Asian crisis, and the "shock therapy" they had pushed in the former Soviet Union and its satellites played an important role in the failure of the transition.
Joseph StiglitzAbout author
- Author's profession: Economist
- Nationality: american
- Born: February 9, 1943
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A guy out there was meant to be the love of your life, your best friend, your soul mate, the one you can tell your dreams to. He'll brush the hair out of your eyes. Send you flowers when you least expect it. He'll stare at you during the movies, even though he paid $8 to see it. He'll call to say goodnight or just cause he's missing you. He'll look in your eyes and tell you, you're the most beautiful girl in the world, and for the first times in your life, you'll believe it.
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