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Michael Spence: The Next Convergence (1/5)
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Michael Spence discusses his book 'The Next Convergence', focusing on the economic growth of developing countries post-WWII. He highlights the role of technology, the fall of colonial empires, and the importance of government in supporting growth. Spence also shares insights from the World Bank's Growth Commission, emphasizing the experimental nature of policymaking in developing economies.
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