Best quotes by Michael Spence on Will

Checkout quotes by Michael Spence on Will

• ‟ On their own, tariff and trade barriers, if viewed as transitory negotiating tactics, will not significantly change global investment patterns or the structure of global supply chains and employment.

  - Michael Spence
  

• ‟ All countries will eventually need to rebuild their growth models around digital technologies and the human capital that supports their deployment and expansion.

  - Michael Spence
  

• ‟ Globalization has redefined the competition for employment and incomes in the United States. Tradeoffs will have to be made between the two.

  - Michael Spence
  

• ‟ Whatever advantage Trump thinks he will gain by positioning the U.S. in opposition to its natural allies will be dwarfed by the losses.

  - Michael Spence
  

• ‟ For physical goods, there are costs associated with logistics and lead times, owing to inventories and poor forecasts of the market. With digital capital-intensive technology, however, production will inevitably move toward the final market, wherever it is. This re-localization constitutes a major shift in the structure of global supply networks.

  - Michael Spence