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Stagflation Cometh

Tuesday, January 29, 2008

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Joseph Stiglitz
  • Joseph Stiglitz is a Nobel laureate in economics. His latest book is Making Globalization Work.

    NEW York—The world economy has had several good years. Global growth been strong, and the divide between the developing and developed world has narrowed, with India and China leading the way, experiencing GDP growth of 11.1 percent and 9.7 percent in 2006 and 11.5 percent and 8.9 percent in 2007, respectively. Even Africa has been d

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