Ideas for family vacations for In those cases, the local governments were involved and had a more coherent and gradual approach. Stiglitz argues in favor of a broader approach and longer-term perspective in macro- and microeconomic crisis-management: Social and political costs, safety nets, the dangers of liberalization of capital markets, the value of education, macroeconomic stability, sustainable development are important aspects which have to be taken into account rather than concentrating only on budgetary or monetary parameters. Stiglitz has also taken positions on two controversial questions, world trade liberalization and globalization. In his view, trade liberalization has been at the detriment of developing countries (developed countries obliging developing countries to open their markets for industrialized goods while continuing to protect their markets for their own sensible goods such as textiles or agricultural products) and globalization may have had positive effects, but to a major part of the developing world, it did not bring the promised benefits but a destroyed environment, increased corruption, and social dissolution instead. Today, globalization does not work for the poor, for the environment, for the stability of the world economy, Stiglitz says. The way GLOBALIZATION is handled by world economic institutions is the problem, rather than globalization by itself. As for solutions, he advocates in favor of democratic (egalitarian voting rights) and transparent international institutions, development as a democratic social learning on the basis of durable, equitable, and democratic policies and a more positive view of government action. Ideas for family vacations 2016.