Host Harry Kreisler welcomes Nobel Laureate Michael Spence for a discussion of his new book, "The Next Convergence." Spence discusses his intellectual odyssey focusing on his Nobel Prize research on information and market structure then explains how his work as Chairman of the Commission on Growth and Development led him to write his new book. Tracing the impact of the internet, globalization, and domestic and international policy on the trajectory of economic growth in the emerging economies, he highlights the implications of the resulting high speed economic growth for the global economy and global governance.
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