Description: A Nobel Prize-winning economist tackles the profound challenges to sustainingeconomic growth in advanced and developing countries.
Brief description: Michael Spence is a Professor of Economics at the Stern School of Business at New York University, a senior fellow at the Hoover Institution, and was the chairman of the independent Commission on Growth and Development. He is the author of The Next Convergence. Winner of the Nobel 2001 Prize in Economic Sciences, he lives in California and Italy.
Review Quotes:
"Impressive...Spence offers deep insights with a winning, refreshing humility rarely seen in Nobel Prize-winning economists." --The Washington Post
"An intelligent, rational, an dhumane book about the great economic event of our era...Anyone seeking a commonsense guide to the transformation underway need look no further." --Financial Times (London) "Cogent, comprehensive, and compelling...Especially trenchant and timely." --The Huffington Post "Rarely does one find a book that is so powerful in its analysis, timely in its topic, relevant in its thinking, and clear in its exposition.... This is by far the best book I have seen on today's historical growth transformation." --Mohamed A. El-Erian, author of When Markets Collide "Fascinating...Having Spence as a brilliant guide, intimate with both the research and policy frontiers, is a perfect way to get up to speed.... Engaging, intellectual treatments like this one will surely make progress easier." --Science