> On 11 Dec 96 at 6:57, Doug Henwood wrote: > > > I was fascinated by the news that Joseph Stiglitz will become chief > > economist of the World Bank. Can someone tell me what Stiglitz' > > qualifications for this job are? What does he know about, and what has his > > work contributed to, economic development and poverty reduction? Are the > > problems of the Third World the result of information asymmetry? > A late 70s early 80s paper he did on asymmetrical information in credit markets was pretty influential on the whole rural credit movement. Sorry I can't give refs right now, but if you want I'll look it up in the JEL. Gina Neff [EMAIL PROTECTED]
