ANDREW MICHAEL SPENCE is an American economist and recipient of the 2001 Nobel Memorial Prize in Economic Sciences, along with George Akerlof and Joseph E. Stiglitz, for their work on the dynamics of information flows and market development.
A. Michael Spence joined New York University Leonard N. Stern School of Business as a professor of economics in September 2010. He is a senior fellow at the Hoover Institution and the Philip H. Knight Professor Emeritus of Management in the Graduate School of Business at Stanford University.
Professor Spence, whose scholarship focuses on economic policy in emerging markets, the economics of information, and the impact of leadership on economic growth, was chairman of the independent Commission on Growth and Development (2006 – 2010), a global policy group focused on strategies for producing rapid and sustainable economic growth, and reducing poverty. He also serves as a consultant to PIMCO, a senior adviser at Oak Hill Investment Management, and as a member of the board of the Stanford Management Company as well as a number of public and private companies.
A Rhodes Scholar and the recipient of many honors and awards, Professor Spence was awarded the Nobel Memorial Prize in Economic Sciences in 2001 and the John Bates Clark Medal from the American Economics Association in 1981. He is the author of three books and 50 articles, and is a member of the American Economic Association and a fellow of the American Academy of Arts and Sciences and the Econometric Society.
DOMINICK SALVATORE is Distinguished Professor of Economics and Director of the Global Economic Policy Center at Fordham University, New York.
He is also Honorary Professor at Shanghai Finance University, Nanjing University, Hunan University, University of Pretoria, and LUM (Free University of the Mediterranean). He was past President of Megatrend University in Belgrade.
Consultant to the Economic Policy Institute (EPI), World Bank, International Monetary Fund, United Nations, various central banks, and global banks and corporations. Salvatore is the author, co-author or editor of 58 volumes, among which: Why Is World Growth Slowing Down? (Elsevier, 2016); When Will the Crisis End in the Eurozone? (Elsevier, 2015); From G7 to G20 (Elsevier, 2013); Productivity, Growth and Wages in the United States (Elsevier, 2008); Income Distribution (Oxford University Press, 2006); The Dollarization Debate (Oxford University Press, 2003); Protectionism and World Welfare (Cambridge University Press, 1993); and The Japanese Competitive Challenge and U.S. Response (EPI,1990).
Among the leading text he authored are: International Economics, Managerial Economics in the Global Economy, and Microeconomics Theory and Applications. These were translated in over 18 languages. He is the co-editor of the Journal of Policy Modeling and past Co-editor of Open Economies Review and The American Economist. His research has been published in more than 100 journal articles in leading economics and business journals and presented at numerous national and international conferences. In 2010, he was nominated for the National Medal of Science conferred by the President of the United States.
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