Bad Economics, Bad Politics
Tempo
December 10, 2002
Globalization has different meanings to the country adopting it, says Joseph Stiglitz, winner of the 2001 Nobel Prize for economics, in his analysis. In some countries, such as Japan, the benefits of globalization are shared widely and evenly. Another large-scale economyChinais currently sharing that feeling.
Didik J. Rachbini*
*Economist with the Institute for the Development of Economics & Finance (Indef), Jakarta.