In addition to making numerous influential contributions to microeconomics, Stiglitz has played a number of policy roles. He served in the Clinton administration as the chair of the President's Council of Economic Advisors (1995 -- 1997). At the World Bank, he served as senior vice-president and chief economist (1997 -- 2000), in the time when unprecedented protest against international economic organizations started, most prominently with the Seattle WTO meeting of 1999. He was fired by the World Bank for expressing dissent with its policies.[20] He was a lead author for the Intergovernmental Panel on Climate Change, which received the Nobel Peace Prize in 2007.
He is a member of Collegium International, an organization of leaders with political, scientific, and ethical expertise whose goal is to provide new approaches in overcoming the obstacles in the way of a peaceful, socially just and an economically sustainable world. He is also a member of the scientific committee of the Fundacion IDEAS, a Spanish think tank.[21]
Stiglitz has advised American president Barack Obama, but has also been sharply critical of the Obama Administration's financial-industry rescue plan.[22] Stiglitz said that whoever designed the Obama administration's bank rescue plan is "either in the pocket of the banks or they're incompetent."[23]
In October 2008 he was asked by the President of the United Nations General Assembly to chair a commission drafting a report on the reasons for and solutions to the financial crisis.[24] In response, the commission produced the Stiglitz Report.
On July 25, 2011, Stiglitz participated in the "I Foro Social del 15M" organized in Madrid (Spain) expressing his support to the 2011 Spanish protests.[25]
In 2011, he was named by Foreign Policy magazine on its list of top global thinkers.[26]
Stiglitz is the president of the International Economic Association from 2011--2014.[27]
In February 2012 he was awarded the Legion of Honor, in the rank of Officer, by the French ambassador in the United States François Delattre.
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