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ADVISORY/World Bank Admits Some Failure.


ADVISORY...

--(BUSINESS WIRE)--Oct. 27, 1998--

TOPIC: World Bank Chief Economist The position of World Bank Chief Economist is one of the most influential in economics. The full title is Senior Vice President, Development Economics, and Chief Economist.  Joseph Stiglitz admitted at the United Nations Conference on Trade and Development United Nations Conference on Trade and Development (UNCTAD)

Organ of the United Nations General Assembly, created in 1964 to promote international trade. Its highest policy-making body, the Conference, meets every four years; when the Conference is not in session, the
 in Geneva Geneva, canton and city, Switzerland
Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva.
 that many of the IMF IMF

See: International Monetary Fund


IMF

See International Monetary Fund (IMF).
 and World Bank's economic policies have done little to relieve the economic turmoil of countries like South Korea and Russia. Stiglitz remarked that the IMF and World Bank's requirement that countries open up their economies to be eligible for loans is too specific and not always the right advice.

EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story:

Professor Isaac Ehrlich is a professor of Developmental Economics at the State University of New York (body) State University of New York - (SUNY) The public university system of New York State, USA, with campuses throughout the state.  at Buffalo and has researched in various parts of the world, including China, on economic and financial development.

Professor Ira Gang is a professor of Developmental Economics at Rutgers University Rutgers University, main campus at New Brunswick, N.J.; land-grant and state supported; coeducational except for Douglass College; chartered 1766 as Queen's College, opened 1771. Campuses and Facilities


Rutgers maintains three campuses.
 with a specialization in International Economics.

Professor Larry Jones is a professor of Managerial Economics at the Kellogg School of Business at Northwestern University. He specializes in Growth and Development Economics and Monetary Economics.

Mr. Luis Albert Fierro is a Ph.D. student of Economics with a specialization in International Trade and Finance at the University of Texas at Austin “University of Texas” redirects here. For other system schools, see University of Texas System.
The University of Texas at Austin (often referred to as The University of Texas, UT Austin, UT, or Texas
.

-0-

ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue.

Journalists seeking to interview any of these experts can obtain contact information by visiting the ExpertSource website: http://www.businesswire.com/expertsource. ExpertSource, a collaboration of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at the above web address.

Business Wire's Virtual Press Club provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com) for more information.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 27, 1998
Words:310
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