What is market fundamentalism, and how does it affect the IMF’s decision-making? In your view, what are the strengths and weaknesses of market fundamentalism?

Why does globalization so often fail to improve living standards in developing countries? How could globalization be reformed to address these failures?

Stiglitz implies that many of the IMF’s mistakes in managing the Asian financial crisis in 1997 stemmed from shortsightedness. Do you agree with his assessment? Why or why not?