Stiglitz states that countries who seek financial assistance have in the past been asked to meet an outrageous number of conditions, in exchange for the aid.

The G8 group met for their annual meeting in 2005 and had agreed to write off debt owed by the 18 poorest countries in the world as an attempt to help with the global poverty issue.

Finally, Stiglitz also argues that protecting the environment is one of the most important issues and countries must work together to lessen the effects of global warming.

Stiglitz highlights the flaws of markets, but he is not equally tough on the deficiencies of government economic policies or the failures of foreign aid.

Dr. Stiglitz's open, honest style of writing and appeal to experts and non-experts alike – coupled with the ever-heightened debate over globalization – will guarantee this book's enduring success.Attacking the idea of free-for-all markets in a superfluous debate with conservative purists only overshadows Dr. Stiglitz’s practical suggestions, like adding labour and environmental ministers to trade negotiations.

Joseph Stiglitz’s new book, Making Globalization Work, is an imaginative and, above all, practical vision for a successful and equitable world.