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.
米兰——
金融/经济危机最糟糕的时候似乎已经过去了。2010年资产市场的表现不错。美国和部分欧洲国家恢复了增长。私营部门去杠杆化仍在继续，但被公共部门不断增加的赤字和债务抵消。在旨在“隔离”大规模资本流入的另类政策帮助下，新兴市场增幅回到危机前水平，并且看起来会持续下去。
但新兴市场的持续高增长，有赖于一直吸纳其大部分（虽然在减少）出口的发达经济体不再低迷。缓慢增长可以控制。负增长则不能。
To continue reading, please log in or enter your email address.
To access our archive, please log in or register now and read two articles from our archive every month for free. For unlimited access to our archive, as well as to the unrivaled analysis of PS On Point, subscribe now.