Experience Stern | News & Events

Excerpt from Financial Times -- "Michael Spence, economics professor at the Stern School of Business, New York University, agreed there were problems in parts of the global economy, but said cheaper energy would boost economies that have experienced demand problems. 'With China still growing and the US improving . . . I doubt the [oil] price decline could be attributed to a sharply negative view of the global economy,' the 2001 Nobel laureate said."

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