Faculty News
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In a co-authored op-ed, Professor Michael Spence illustrates the connection between political and economic instability
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![Project Syndicate logo Project Syndicate logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_030500.jpg?h=cd55d432&itok=GSeYxZwf)
Excerpt from Project Syndicate -- "Over the last 35 years, Western democracies have seen a rapid rise in political instability, characterized by frequent shifts in governing parties and their programs and philosophies, driven at least partly by economic transformation and hardship. The question now is how to improve economic performance at a time when political instability is impeding effective policymaking."
Faculty News
—
![Project Syndicate logo Project Syndicate logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_030500.jpg?h=cd55d432&itok=GSeYxZwf)
Excerpt from Project Syndicate -- "Over the last 35 years, Western democracies have seen a rapid rise in political instability, characterized by frequent shifts in governing parties and their programs and philosophies, driven at least partly by economic transformation and hardship. The question now is how to improve economic performance at a time when political instability is impeding effective policymaking."