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The key. Today on Uncommon Knowledge, Michael Spence probes the difference in economic growth in the developing world.

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Uncommon Knowledge Interview with Michael Spence (Part Two)

The key. Today on Uncommon Knowledge, Michael Spence probes the difference in economic growth in the developing world.

What I thought was sort of complicated high-speed dynamics in the economics sphere turns out to only be a piece of the puzzle and what I really believe now is that the critical things are the governance…When I go across the developing countries and ask myself,  ‘What’s the largest single explanation for the huge diversity of economic performance?’ it falls in this territory.

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