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

1 Faculty News May 20, 2015 ![Project Syndicate logo](/sites/default/files/styles/246w/public/assets/images/con_030500.jpg?itok=ONV7lJ6H)>

Excerpt from [Project Syndicate](http://www.project-syndicate.org/commentary/economic-recovery-international-investment-by-michael-spence-2015-05) -- "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."

[Read more](http://www.project-syndicate.org/commentary/economic-recovery-international-investment-by-michael-spence-2015-05)