in a strange way, i think the answer is yes. third world countries do not understand that dealing with the wb and imf means: 1. stripping their lands of natural resources 2. creating a burgeoning debt without requisite industrialization to pay it off. [am typing single handed, hence no caps -- crushed my elbow, ouch] maggie coleman [EMAIL PROTECTED] In a message dated 96-12-11 10:03:47 EST, [EMAIL PROTECTED] (Doug Henwood) writes: >Are the >problems of the Third World the result of information asymmetry? > > --------------------- Forwarded message: From: [EMAIL PROTECTED] (Doug Henwood) Sender: [EMAIL PROTECTED] Reply-to: [EMAIL PROTECTED] To: [EMAIL PROTECTED] (Multiple recipients of list) Date: 96-12-11 10:03:47 EST I was fascinated by the news that Joseph Stiglitz will become chief economist of the World Bank. Can someone tell me what Stiglitz' qualifications for this job are? What does he know about, and what has his work contributed to, economic development and poverty reduction? Are the problems of the Third World the result of information asymmetry? Doug -- Doug Henwood Left Business Observer 250 W 85 St New York NY 10024-3217 USA +1-212-874-4020 voice +1-212-874-3137 fax email: <[EMAIL PROTECTED]> web: <http://www.panix.com/~dhenwood/LBO_home.html>
