Michael Spence Quotes


A split between the U.S. and its traditional allies, if it becomes a permanent feature of the new global order, would lead to deeper fragmentation among the world's market-oriented democracies. That will surely shift the long-term balance of power in China's favor, as it moves steadily toward becoming the world's largest economy.


Citations

Spence, Michael. "Trump's Global Reordering." Project Syndicate, 2018.

Related Quotes

Michael Spence
Michael Spence
  • Born: November 7, 1943
  • Nationality: American
  • Profession: Economist

Andrew Michael Spence is a Canadian-American economist and Nobel laureate.