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Joseph Stiglitz is an American economist born on February 9, 1943. He is known for his work on information asymmetry and its effects on markets. Stiglitz was awarded the Nobel Prize in Economic Sciences in 2001 for his contributions to economic theory. He has served as a professor at various prestigious universities and has been involved in public policy discussions, advocating for economic reforms that address inequality and promote social welfare. His insights into economics have made him a respected figure in the field.
"International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief."
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