The 2009 conference was organized by the Columbia Business School's South Asian Business Association.
Noting that although developing countries, especially India and China, are doing much better than the rest of the world, including the US, Stiglitz said one should not believe the effect of the US economic downturn would not affect emerging economies worldwide.
Image: Ambassador Frank Wisner, former US Ambassador to India delivering the keynote address at the India Business Conference organized by Columbia Business School, April 10.
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