Faculty News

Prof. Paul Romer discusses urbanization and investment opportunities

Excerpt from Charlie Rose -- "...the big issues that excite me are the massive wave of urbanization we're going to see in the developing world...The rich countries face this problem of insufficient investment demand. This is our big challenge macroeconomically. But the developing world has this enormous investment demand for urban infrastructure so there's a deal that can be done here between the places that have a lot of investment capacity and financing capacity and parts of the world that really could use that productively."

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Additional coverage appeared on Bloomberg.