Open AccessTen years of transition Stiglitz's criticism and counterarguments
Author(s) -
Ljiljana Djurdjevic
Publication year - 2004
Publication title -
economic annals/ekonomski anali
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.148
H-Index - 12
eISSN - 1820-7375
pISSN - 0013-3264
DOI - 10.2298/eka0462225d
Subject(s) - criticism , context (archaeology) , transition (genetics) , economics , chord (peer to peer) , political science , development economics , law , geography , biology , distributed computing , biochemistry , archaeology , computer science , gene
IMF supports the transition process in most ex-socialist countries through concessionary financing, recommendations for economic policy and technical assistance. Results vary across countries and have been analyzed by a number of authors. In this context, some authors have dealt with the IMF's "guilt" Stiglitz's criticism having struck the most responsive chord in public triggering violent reactions. The paper deals with the key hypotheses of this criticism as well as the main counter arguments