Nobel laureate Joseph Stiglitz to highlight CNI International Conference

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“Economic Growth, Employability and Sustainability” is the theme of the international conference organized by the National Chamber of Industries (CNI) and which will have as a special guest Ph.D Joseph Stiglitz, Nobel Prize in Economics and professor at Columbia University in New York.

The event that is organized on the 90th anniversary of the CNI and that has the objective of promoting the competitiveness of the industry, has the support of the REDempleo project financed by the European Union in Bolivia.

The Conference organized by the CNI will take place on October 22 in the Auditorium of the Hotel Casa Grande and the exhibition of the Nobel Prize in Economics will be virtual.

Stiglitz is a renowned economist, winner of the Nobel Prize in Economics (2001). Graduated from the Massachusetts Institute of Technology (MIT) in 1967. He obtained his professorship at Yale in 1970, taught at Princeton, Stanford, MIT, and was a fellow at the Oxford Business School. Currently, he is Professor of Economics and Finance at Columbia University in New York.

He was a member of President Clinton’s Council of Economic Advisers and Chairman of the CEA from 1993 to 1995 and Vice President of the World Bank from 1997 to 2000.

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He is a forerunner of the Information Economy and has produced important studies on market failures caused by information asymmetries. His book, The Discomfort in Globalization (Ed. Taurus) was translated into more than 20 languages ​​and became a bestseller.

In 2000, he founded the Initiative for Political Dialogue, an international development think tank based at Columbia University (United States), and since 2005 has directed the Brooks Institute for Global Poverty, of the University of Manchester. Generally considered a New Keynesian economist, he was the most cited economist in the world in 2008.

In 2012, he joined the Royal Academy of Economic and Financial Sciences of Spain as a corresponding academic.

On September 23 of this year, President Luis Arce met with Stiglitz, in New York, United States. Both were speakers at the forum called “Conversation on economic policy in times of pandemic.”

On the occasion, the President told the prestigious economist that Bolivia will grow 6% this year.

According to BBC Mundo, he is one of the main economists critical of the management of globalization and the free market. “Progressive capitalism: the answer to the era of malaise”, is the title of a book of his published in 2019 and that was translated into Spanish.

Stiglitz is a special economist who defends the idea of ​​downplaying the star index of his profession: the Gross Domestic Product (GDP).
In his opinion, there are other data that can help to understand in a more complete way how well or badly a country is doing.
In an interview with BBC Mundo in 2020, Stiglitz took naturally the social protest that erupted in several Latin American countries, such as Ecuador, Colombia and especially Chile, the latter country that many saw as a regional economic model.
“The surprise was that the malaise took so long to manifest itself,” said the 2001 Nobel Prize winner in economics during an interview in his office at Columbia University, New York.

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Nobel laureate Joseph Stiglitz to highlight CNI International Conference

Hank Gilbert