Tuesday, October 21, 2014

The Next Convergence

The Next Convergence  by Michael Spence    2011
The Future of Economic Growth in a Multispeed World

Completed reading on 11-9-2014
Spence considers this convergence of economic growth will take 100 years and we are half way though it. His last 2 sentences:  "Past experience and conceptual tools will be useful but not sufficient.  We, and future generations, will have to invent our way through and around potential roadblocks along the way." 

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