Joseph Stiglitz quoted in KY3
Professor Joseph Stiglitz was quoted in KY3
IMF fees on war-torn countries closer to elimination
Economists Joseph Stiglitz at Columbia University and Kevin P. Gallagher at Boston University wrote earlier this year that “forcing excessive repayments lowers the productive potential of the borrowing country, but also harms creditors” and requires borrowers “to pay more at exactly the moment when they are most squeezed from market access in any other form.”