"The Industrial Underpinnings of Catchup Growth""The Industrial Underpinnings of Catchup Growth"http://www.haverford.edu/calendar/details/127222KINSC Sharpless Auditorium2010-04-06T17:30:002010-04-06T19:00:00
April 6, 5:30PM–7:00PM
KINSC Sharpless Auditorium
Talk by A. Michael Spence, 2001 Nobel Prize Winner in Economic Sciences, Tuesday April 6, 5:30pm
Dr. Spence's talk, "The Industrial Underpinnings of Catchup Growth" will address the microeconomics and industrial organization of high speed growth in developing countries with the goal of giving the audience a sense of what is going on in an economy that is growing at 7-10% a year for a quarter of a century or more.
A. Michael Spence is the Chairman of an Independent Commission on Growth in Developing Countries, Professor Emeritus of Management in the Graduate School of Business at Stanford University and a Senior Fellow of the Hoover Institution at Stanford. In 2001, Spence and two colleagues - George A. Akerlof and Joseph E. Stiglitz - received the Nobel Prize in Economic Sciences for their analyses of markets with asymmetric information.
Spence earned his undergraduate degree in philosophy at Princeton summa cum laude and was selected for a Rhodes Scholarship. He was awarded a B.S.-M.A. from Oxford in mathematics and earned his Ph.D. in economics at Harvard. He has taught at Stanford and Harvard. Spence was awarded the John Kenneth Galbraith Prize for excellence in teaching and the John Bates Clark medal for a "significant contribution to economic thought and knowledge." The Clark Medal used to be awarded every two years to an economist under the age of 40.
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