After many decades of hopelessness, there are finally grounds for believing that sub-Saharan Africa may be close to taking off toward sustained economic growth. Africa has rebounded from the worldwide recession faster than many other nations.
Watching anti-terrorist personnel from several city, state and federal agencies swing into action against the would-be Times Square Bomber one is tempted to conclude that the nation is finally coming together on issues of national security and that the notion that politics sto
RFE/RL: Your warnings about future problems for the euro currency -- which you wrote about in the 1990s when the single European currency was still in the planning stages -- went largely unheeded by European policymakers.
Michael Spence, co-winner of the Nobel Prize in economics in 2001 and a partner at Oak Hill Venture Partners, talks with Bloomberg's Andrea Catherwood about lessons to be learnt from the Greek debt crisis.