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Spence: Emerging Market Investment Boom Ahead

Interviewer: Robert E. Rubin, Co-Chairman, Council on Foreign Relations
Interviewee: A. Michael Spence, Distinguished Visiting Fellow, Council on Foreign Relations
April 18, 2011

Economist A. Michael Spence says emerging market growth is going to produce a boom in investment, which in turn may lead to higher interest rates globally, and a tendency to intervene in international capital flows. Spence spoke to Robert Rubin, Former Treasury Secretary and Co-Chairman of the Council on Foreign Relations, at CFR's 2011 Corporate Conference.

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