# In an op-ed, Professor Michael Spence urges policymakers to address global economic stagnation

1 Faculty News November 23, 2015 ![Project Syndicate logo](/sites/default/files/styles/246w/public/assets/images/con_030500.jpg?itok=ONV7lJ6H)>

Excerpt from [Project Syndicate](https://www.project-syndicate.org/commentary/examine-reasons-for-slow-global-growth-by-michael-spence-2015-11) -- "If the global economy remains on its current trajectory, a period of intense volatility could destabilize a number of emerging economies, while undermining development efforts worldwide. That’s why policymakers must act now."

[Read more](https://www.project-syndicate.org/commentary/examine-reasons-for-slow-global-growth-by-michael-spence-2015-11)