The Future of Economic Growth in a Multispeed World
Thursday, June 23, 2011, 8:30am - 9:30am
Michael Spence, winner of the Nobel Prize in Economic Sciences, is a Professor of Economics at the Stern School of Business at New York University, a senior fellow at the Hoover Institution, and was the chairman of the independent Commission on Growth and Development focused on growth in emerging economies April 2006 to June 2010 – the life of the Commission. He is Professor Emeritus of Management in the Graduate School of Business at Stanford, where he also served as dean from 1990-1999. In 2001, he received the Nobel Prize in Economic Sciences for work on markets with incomplete and asymmetric information. Spence described what’s at stake for all of us as he looks ahead to how the global economy will develop over the next fifty years. The Next Convergence is certain to spark a heated debate over how best to move forward in the post-crisis period and reset the balance between national and international economic interests, and short-term fixes and long-term sustainability.