"We have to begin rethinking the Institutions" (Nobel Laureate Joseph E. Stiglitz)

United Nations, 24 February 2009 - The United Nations University Office in New York (UNU-ONY) lecture series "Emerging Thinking on Global Issues" aims to promote thinking on global issues through lectures given by world class experts and scholars who have been working with UNU. As part of the Series, Joseph E. Stiglitz, Professor at Columbia University and Nobel Laureate in Economics in 2001 examines the current financial crisis and analyzes its impact on the future of global development.

View the entire lecture (Real Media, 1 hour and 29 minutes):
http://webcast.un.org/ramgen/ondemand/specialevents/2009/se090224pm.rm

UNU website:
http://www.ony.unu.edu/events-forums/events/2009/emerging-thinking-series-exp...

Category:

News & Politics

Tags:

• United Nations
• UN
• Joseph E. Stiglitz
• Nobel Laureate
• Economics
• Financial crisis
• Global development
• Columbia University
• UN University
• UNU

[DinaStrange]

Genius.

[redgenkosi]

Any assistance by the BRICS to the EU should very conditional: total removal of agricultural subsidies and dismantling of industrial tariffs. Subsidies have helped collapse EU and protecting grandfather industries will further limit growth. Abolish them and then BRICS can assist.

[chatswoodgal]

Subsidies in developed countries helped give more bonuses to the crooks instead of helped their economy. In overall, these were not terrible discrimination toward developing countries in terms of fair trade. If only those funds had been directed toward a new global reserve fund as suggested by Prof. Stiglitz, at least we would know if the proposed fund worked.