Columbia News Video Forum

Iraqi Unemployment Rate Is High, But There Is No Shortage of Human Resources, Says Joseph Stiglitz

Trade liberalization in Iraq will lead to a loss of jobs in the import competing sectors, says Joseph Stiglitz, Nobel laureate and University Professor. He, Anders Stephanson and Gayatri Chakravorty Spivak participate in a discussion entitled "Iraq War and Globalization." The event was part of a three-forum series presented by The Columbia Faculty Peace Committee.

Joseph Stiglitz
Joseph Stiglitz

Trade Liberalization in Iraq Will Lead to Loss of Jobs, Says Joseph Stiglitz
Joseph Stiglitz, 2001 Nobel Prize winner in Economics and University Professor, discusses the problems in the economic reconstruction of Iraq and broader issues in globalization. Already the unemployment rate is very high but there is not a shortage of resources, of the human kind, says Stiglitz. Trade liberalization will lead to a loss of jobs in the import competing sectors, leading to more massive problems for the economy, he says.

Real (27:22)Video
Anders Stephanson
Anders Stephanson

US' Action in Iraq Initiated Process of Regime Change that Will Effect Other World Powers, Says Anders Stephanson
Anders Stephanson, James P. Shenton Professor of History, discusses the Bush administration's policies on globalization and market liberalization, as well as the influence of the Clinton administration. He highlights the reconstruction of Iraq in terms of debt, debt forgiveness, and regime change, asserting that the United States' action initiated a process of regime change, not only in Iraq, but one that will change the structure of world powers.

Real (10:13)Video
Gayatri Chakravorty Spivak
Gayatri Chakravorty Spivak

Gayatri Chakravorty Spivak Poses Humanities Perspective on Globalization
Gayatri Chakravorty Spivak, Avalon Foundation Professor in Humanities, responds to Joseph Stiglitz' commentary on the reconstruction of Iraq. She poses a humanities perspective on the economic theories of globalization, offering an interpretation of good and bad imperialism, and its consequences.

Real (12:04)Video

Production Number: 243
Shot: Sep 23, 2003
Published: Oct 21, 2003
Last modified:Oct 20, 2003