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Spence: Emerging Market Investment Boom Ahead
April 18, 2011 1:19 pm (EST)
- Explainer Video
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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