Joseph Stiglitz

Not Poles Apart: 'Whither Reform?' and 'Whence Reform?'

Coauthor(s): David Ellerman.

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Abstract:
The paper "Whence Reform?" by the Polish economists Marek Dabrowski, Stanislaw Gomulka, and Jacek Rostowski (DGR) is a welcome and revealing commentary on what is called the "Stiglitz Perspective." Our main response is gratitude at DGR's agreement with the main theses of "Whither Reform?" such as the critiques of voucher privatization and of the attempts to quickly install institutional reforms involving long agency chains. Our positions are not poles apart. We say: "With 'critics' like these, who need supporters?" It is nevertheless clear that DGR have worked hard to either discover or imagine disagreements and "mistakes" in the "Stiglitz perspective" that will help preserve their good standing in the fraternity of neoliberal reformers. We appreciate the exigencies of maintaining reputational capital so we will cross swords in some of the side scrimmages even though the main battle seems to be over. While we will not contest every real or imagined disagreement, we do think that identifying some of the major areas of agreement and disagreement may be useful in helping shape appropriate policies for the countries in transition going forward.

Source: Journal of Policy Reform
Exact Citation:
Stiglitz, Joseph, and David Ellerman. "Not Poles Apart: 'Whither Reform?' and 'Whence Reform?'" Journal of Policy Reform 4, no. 4 (2001): 325-38.
Volume: 4
Number: 4
Pages: 325-38
Date: 2001