And as chief economist he[Joe Stiglitz] asked that some studies be conducted so that the neo-liberals, the privatizers, the proponents of the new global order could prove that their theories actually are producing economic miracles as they claim. They refused to do the studies because their own information was painting a clear picture. The only economies that seemed to be doing well were China, Vietnam, Botswana, Venezuela and the United States. What did all five of those economies have in common? All five told the IMF to go to hell and that includes the United States who does not listen to the IMF dictates at all. So Stiglitz said maybe we ought to change our methodology in dealing with the third world, in dealing with developing nations or even dealing with nations like Brazil.
Greg Palast interview
