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==Papers and conferences== Stiglitz wrote a series of papers and held a series of conferences explaining how such information uncertainties may have influence on everything from unemployment to lending shortages. As the chairman of the Council of Economic Advisers during the first term of the Clinton Administration and former chief economist at the [[World Bank]], Stiglitz was able to put some of his views into action. For example, he was an outspoken critic of quickly opening up financial markets in developing countries. These markets rely on access to good financial data and sound bankruptcy laws, but he argued that many of these countries did not have the regulatory institutions needed to ensure that the markets would operate soundly. In July 2020, Stiglitz alongside Hamid Rashid, the chief of Global Economic Monitoring at the UN Department of Economic and Social Affairs, published a report, pointing out that the [[quantitative easing]] policy implemented by the US after the [[2008 financial crisis]], had "basically exported a debt bubble to developing countries".<ref>{{Cite web |title=New CEPR Policy Insight - Averting Catastrophic Debt Crises in Developing Countries {{!}} Centre for Economic Policy Research |url=https://cepr.org/content/new-cepr-policy-insight-averting-catastrophic-debt-crises-developing-countries |access-date=2022-08-01 |website=cepr.org |archive-date=2022-05-27 |archive-url=https://web.archive.org/web/20220527044516/https://cepr.org/content/new-cepr-policy-insight-averting-catastrophic-debt-crises-developing-countries |url-status=dead }}</ref><ref>{{Cite web |title=Hamid Rashid {{!}} VOX, CEPR Policy Portal |url=https://voxeu.org/users/hamidrashid |access-date=2022-08-01 |website=voxeu.org}}</ref> The economic analysis of Stiglitz and Ira Regmi on the pandemic-induced inflation of 2021-2023 concluded the causes were sector supply-side disruptions and the Ukraine war effects in food and energy sectors and not from the excessive pandemic spending in the United States.<ref>Joseph E. Stiglitz and Ira Regmi. (6 December 2022). "The Causes of and Responses to Todayโs Inflation". [https://rooseveltinstitute.org/publications/the-causes-of-and-responses-to-todays-inflation/ Roosevelt Institute website] Retrieved 2 February 2025.</ref>
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