Faculty News
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In an op-ed, Prof. Michael Spence explains investors' recent interest in Spain
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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 -- "Indeed, though domestic investment is constrained by credit availability, major European and Latin American multinationals have begun investing in the Spanish economy, attracted partly by its enhanced competitive posture and structural flexibility, and, on a slightly longer time horizon, by a recovery in domestic demand. Private equity is flowing in as well, not only because the valuations are attractive, but also because potential growth in Spain now seems within reach."
Faculty News
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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 -- "Indeed, though domestic investment is constrained by credit availability, major European and Latin American multinationals have begun investing in the Spanish economy, attracted partly by its enhanced competitive posture and structural flexibility, and, on a slightly longer time horizon, by a recovery in domestic demand. Private equity is flowing in as well, not only because the valuations are attractive, but also because potential growth in Spain now seems within reach."