Joseph Stiglitz:
Indonesia Needs A New Agenda

August 21, 2007

THE voice of Joseph Stiglitz sounds sonorous, and quite different from those in the West. While the Washington 10 Consensus formula conceived by John Williamson in 1987-88 has been adopted by financial institutions like the International Monetary Fund, the World Bank and the US Treasury as a recipe to rehabilitate a country’s economic paralysis, Stiglitz stands on the side of neo-Keynesian economists, who say that countries that follow that rec

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