Spence: Emerging Market Investment Boom Ahead
By experts and staff
- Published
Robert E. RubinCFR ExpertChairman Emeritus; Former Secretary of the U.S. Treasury
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.
