Spence: Emerging Market Investment Boom Ahead

April 18, 2011

Spence: Emerging Market Investment Boom Ahead
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from Video, Entrepreneurship and Economic Development and Markets and Democracy in the 21st Century

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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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