Global Crisis—The Way Forward: The Stiglitz Commission Report
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Following the world financial and economic crisis in 2008, the president of the United Nations General Assembly convened an illustrious international committee, chaired by Nobel Prize-winning economist Joseph E. Stiglitz and including twenty leading experts on the international monetary system, to address the crisis and its impact on development.
The Stiglitz Commission Report, released by the committee in late 2009, sees the recent financial crisis as the latest and damaging of several concurrent crises—of food, water, energy, and sustainability—that are tightly interrelated. From short-term mitigations to deep structural changes, from crisis response to lasting reform of the global economic and financial architecture, the analysis and recommendations recorded here establish a bold agenda for policy change, both broad in scope and profound in its ambitions. Sure to be the gold standard for understanding and contending with international economy for many years to come, The Stiglitz Commission Report is essential reading for anyone concerned about a secure and prosperous world.
Joseph Stiglitz is a professor of economics at Columbia University and the recipient of a John Bates Clark Medal and a Nobel Prize. He is also the former senior vice president and chief economist of the World Bank. His books include Globalization and Its Discontents, The Three Trillion Dollar War, Making Globalization Work, and, most recently, Freefall.
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