Capitalism, market economy, non market economy and welfare state

Don't forget :

In your presentation

You must build a complete ARGUMENT in order to answer the question :


What is the main characteristic of the economic system in the country you study ?


  • Affirm / give the main idea
  • Explain
  • Illustrate

Joseph E. Stiglitz
Joseph E. Stiglitz

You can read all or only part of the academic article below, which is written by a famous economist in june 2017. Joseph Stiglitz is Senior Fellow and Chief Economist at the Roosevelt Institute and a professor at Columbia University. A recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979), he is a former senior vice president and chief economist of the World Bank and a former member and chairman of the (US president’s) Council of Economic Advisers.

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