Faculty News
In an op-ed, Prof. Michael Spence discusses economic reform in China
—
Excerpt from Project Syndicate -- "Despite China’s widely discussed economic slowdown, annual GDP growth remains above 7%, implying little cause for alarm – at least for now. The question is whether the government’s efforts to implement structural reforms and transform the economy’s growth model are working – that is, whether internal imbalances continue to threaten long-term economic performance. Given that China remains the global economy’s most important growth engine, the answer matters to everyone."
Read more
Read more