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Helping Infant Economies Grow: Foundations Of Trade Policies For Developing Countries, Joseph Stiglitz, Bruce Greenwald May 2006

Helping Infant Economies Grow: Foundations Of Trade Policies For Developing Countries, Joseph Stiglitz, Bruce Greenwald

Joseph Stiglitz

No abstract provided.


Aid For Trade, Joseph Stiglitz, Andrew Charlton Mar 2006

Aid For Trade, Joseph Stiglitz, Andrew Charlton

Joseph Stiglitz

No abstract provided.


The Economic Costs Of The Iraq War, Joseph Stiglitz, Linda Bilmes Feb 2006

The Economic Costs Of The Iraq War, Joseph Stiglitz, Linda Bilmes

Joseph Stiglitz

This paper attempts to provide a more complete reckoning of the costs of the Iraq War, using standard economic and accounting/ budgetary frameworks. As of December 30, 2005, total spending for combat and support operations in Iraq is $251bn, and the CBO's estimates put the projected total direct costs at around $500bn. These figures, however, greatly underestimate the War's true costs. We estimate a range of present and future costs, by including expenditures not in the $500bn CBO projection, such as lifetime healthcare and disability payments to returning veterans, replenishment of military hardware, and increased recruitment costs. We then make …


Growth, Initial Conditions, Law Andspeed Of Privatization In Transition Countries: 11 Years Later, Joseph Stiglitz, Sergio Godoy Jan 2006

Growth, Initial Conditions, Law Andspeed Of Privatization In Transition Countries: 11 Years Later, Joseph Stiglitz, Sergio Godoy

Joseph Stiglitz

This paper examines alternative hypotheses concerning the determinants of success in the transition from Communism to the market. In particular, we look at whether speed of privatization, legal institutions or initial conditions are more important in explaining the growth of the transition countries in the years since the end of the Cold War. In the mid 90s a large empirical literature attempted to relate growth to policy measures. A standard conclusion of this literature was the faster countries privatized and liberalized, the better. We now have more data, so we can check whether these conclusions are still valid six years …