Economist and Nobel laureate Joseph Stiglitz cites major changes in fiscal policy as the way forward
“We are half a decade on from the collapse of Lehman Brothers and there are still persistent weaknesses in the developed countries of the world. The global economy needs to recover, but I am rather pessimistic that what needs to be done, will not be done,” says Joseph Stiglitz, renowned economist and Nobel Prize laureate, speaking at the 2014 Discovery Leadership Summit in Sandton.