Stock Buybacks Are the Wrong Target
argues that limiting companies' purchases of their own shares will not address economic inequality.
Michael Spence
Michael Spence, a Nobel laureate in economics, is Professor of Economics at NYU’s Stern School of Business, Distinguished Visiting Fellow at the Council on Foreign Relations, Senior Fellow at the Hoover Institution at Stanford University, Advisory Board Co-Chair of the Asia Global Institute in Hong Kong, and Chair of the World Economic Forum Global Agenda Council on New Growth Models. He was the chairman of the independent Commission on Growth and Development, an international body that from 2006-2010 analyzed opportunities for global economic growth, and is the author of The Next Convergence – The Future of Economic Growth in a Multispeed World.
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What Next for China’s Development Model?
argues that tensions with the West will be a major factor shaping further economic reform.
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How Inequality Undermines Economic Performance
explains why non-inclusive growth patterns are inherently unsustainable.
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The Digital Key to Inclusive Growth
highlight the potential of technologies like mobile payment platforms to boost poor economies and regions.
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The Long Sino-American Trade War
foresees significant long-term consequences, affecting the very structure of the global economy.
