Blended Learning Exercise

Transnational Management BUS 3454

April 21 25
Oerie!
Joseph Stiglitz is one of the worlds best-known economists. He was Chief
Economist at the World Bank ntil Janar! "###. Before that he was Chairman of
$resident Clintons Concil of Economic %d&isors. He is crrentl! $rofessor of
'inance and Economics at Colmbia (ni&ersit! )*ew +ork,. He won the *obel
$rize for Economics in "##- and is the athor of se&eral bestselling books. inclding
/lobalization and 0ts 1iscontents. 2he 3oaring *ineties. and 4aking /lobalization
Work 5 2he *e6t Steps to /lobal Jstice.
Joseph Stiglitz has been &er! acti&e in the globalization debate the past -7 !ears. 0n a
recent inter&iew. he points ot that there was tremendos spport for globalization
throghot the -88#s. $eople belie&ed that e&er!one wold benefit. inclding the
poor and rich alike. He correctl! points ot that in recent !ears there has been a
strong mo&ement against globalization. Stiglitz arges that man! of the poorest
contries of the world ha&e become worse off as a reslt of globalization.
T"torial Blended Learning Assignment
+o are asked to carefll! re&iew the inter&iew with Joseph Stiglitz )9: mintes in
length, regarding the pros and cons of globalization
#$ttp%&&!!!'(o"t")e'com&!atc$*+s,-).Lt/r3E0' 2hereafter. please write a two
page smmar! which addresses the following for ;estions<
-. What were the e6pected benefits of globalization dring the -88#s =
". 0n what specific wa!s ha&e we failed in obtaining these stated benefits= 0n
other words. what went wrong=
>. ?ooking ahead. in what wa!s can transnational companies pla! a more
positi&e role in the globalization process=
1ndiid"al st"dent !ritings s$o"ld )e s")mitted ia email #2/3 3ormat0 to t$eir
respectie t"tor 4or BUS 3454 no later t$an Monda(5 April 26
t$
#3 p'm'0' 7e
!ill )rie4l( reie! (o"r ans!ers to t$ese 8"estions d"ring t"torial sessions t$e
!ee9 o4 Ma( 5
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