Michael Spence

For Michael Spence's latest contributions to The Japan Times, see below:

How great powers should compete

Commentary / World Jun 30, 2021

How great powers should compete

Many in the West disapprove of China’s single-party governance structure, just as vocal elements in China disparage Western liberal democracy, which they argue is in terminal decline.

Biden’s vaccine challenge

Commentary / World Jan 31, 2021

Biden’s vaccine challenge

In many ways, the United States is at war against COVID-19. But the existing systems for delivering what is needed to win are weak, fragmented and, especially, uncoordinated.

The pandemic public-debt dilemma

Commentary / World Dec 9, 2020

The pandemic public-debt dilemma

Extraordinary times call for extraordinary measures. Failing bold action, developing countries could be on track to lose years or even decades of progress in the post-pandemic world.