Puerto Rico’s deep and prolonged recession has led to a severe debt crisis. And the combination of economic contraction and massive liabilities is having dire consequences for the island
Joseph Stiglitz
To say that the eurozone has not been performing well since the 2008 crisis is an understatement
Some of the worst provisions in there were not because our partners demanded it, it was because we demanded it
Neither alternative – approval or rejection of the troika’s terms – will be easy, and both carry huge risks
Seldom do democratic elections give as clear a message as that in Greece
Regardless of how fast GDP grows, an economic system that fails to deliver gains for most of its citizens, and in which a rising share of the population faces increasing insecurity, is, in a fundamental sense, a failed economic system
Part 2 of a discussion with Nobel Prize-winning economist Joseph Stiglitz, a professor at Columbia University and the World Bank’s former chief economist.
It is a great pleasure for me to discuss with you one of the critical issues facing our country, its growing inequality