# Prof. Michael Spence's op-ed on emerging markets is highlighted

1 Faculty News February 21, 2014 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2014-02-21/pesek-on-asia-facebook-s-china-problem.html) -- "'The most likely scenario,' he writes, 'is that most major emerging markets, including China, will experience a transitional growth slowdown but will not be derailed by shifts in monetary policy in the West, with high growth rates returning in the course of the coming year.'"

[Read more](http://www.bloomberg.com/news/2014-02-21/pesek-on-asia-facebook-s-china-problem.html)