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