[PEN-L:1000] Stiglitz at SEA

[Rosser Jr, John Barkley]

     One further point in the Stiglitz lecture at the SEA 
was that efforts to attract financial capital by raising 
internal interest rates can fail because they can actually 
increase the risk of nonpayment due the their damage on the 
internal economy, the "beggar thyself" policy.
Barkley Rosser

-- 
Rosser Jr, John Barkley
[EMAIL PROTECTED]