Faculty News

In an op-ed, Prof. Michael Spence calls for greater economic cooperation among countries

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Excerpt from Project Syndicate -- "There is plenty of incentive for countries to collaborate, rather than using trade, finance, monetary policy, public-sector purchasing, tax policy, or other levers to undermine one another. After all, given the connectedness that characterizes today’s globalized financial and economic systems, a full recovery anywhere is virtually impossible without a broad-based recovery nearly everywhere."

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