Argentina: Joseph Stiglitz’s conflict of interest
Columbia University economics professor Joseph Stiglitz’s Curious ‘Outside Activities’
The self-styled champion of the poor is not eager to disclose his ties with foreign leaders.
Something similar is happening now with respect to Stiglitz’s involvement with the Kirchner government in Argentina. Stiglitz filed a friend of the court brief on behalf of Argentina’s bid to appeal an American lower court’s ruling that would force it to honor $1.3 billion in bonds on which it defaulted in 2001. Stiglitz did not disclose — nor has he disclosed in his public statements or writings about Argentina, where he has argued that the country had no choice but to default on his debt — that he served as a paid expert for Argentina in a 2012 case before the World Bank’s International Centre for Settlement of Investment Disputes. Over the years, he has also traveled regularly to Argentina to advise the now-deceased Argentinian president Nestor Kirchner as well as his wife, the country’s current president, Cristina Fernandez de Kirchner and delivered several paid lectures there.
That’s not all he’s not disclosing. Read the full article.