Sustainable Patterns of Growth

by Jörgen Eriksson on March 7, 2014

michael_spenceMichael Spence is a Canadian / American economist and recipient of the 2001 Nobel Memorial Prize in Economic Sciences, along with George A. Akerlof and Joseph E. Stiglitz. He is most known for his research on how the job market works. Last year we wrote about his latest book The Next Convergence – The Future of Growth in a Multi-Speed World.

This week the World Economic Forum published an interesting interview with Professor Spence, where he talks about economic growth and why growth in the future will not be correlated with new jobs. The economic growth model will have to change if we are going to keep high employment levels. He also talks about Chinas successful transition and the BRICs at a crossroad.

Sustainable patterns of growth

About Jörgen Eriksson :

Jörgen Eriksson is the founder of Bearing and is the Chairman of the firm since it was created. He has successfully expanded Bearing into covering projects on four continents. He is also Adjunct Professor of Innovation Management at the International University of Monaco and at Universitat Politècnica de Catalunya in Barcelona and he is an active member of the Founders Alliance organisation.

Working with consulting engagements across Bearings practices, he has over the past fifteen years participated in and supervised a large number of client projects, from innovation system development and place development and branding, to merger and acquisition assignments and leading edge research and business development activities for key clients.

His new book, Branding for Hooligans, will be published in 2015. It is about how innovation and branding are key survival factors in our modern times of hyper competitive markets.

Prior to Bearing, he was Director of Europe, Middle East, and Africa for Trema Treasury Management, a technology and consulting services provider, supplying financial software solutions for the global financial industry, Clients included The European Central Bank, Citibank, SEB, South African reserve Bank, Deutsche Bank, Abu Dhabi Investment Authority (ADIA), as well as many other large financial institutions and Fortune 500 companies.

Early in his career Eriksson was educated at the Stockholm School of Economics, where he studied economics, financial economics and philosophy. He then worked in Scandinavian investment banks and also for the Swedish Institute of National Defense Research.

You can contact Jörgen on e-mail, connect on LinkedIn onörgen-eriksson/0/38/8a0/ and follow him on twitter on joreri508.

{ 3 comments… read them below or add one }

michael haywood March 30, 2014 at 21:40

As a Canadian it rankles when a prominent Canadian economist working in the U.S.A. is classified as an American. Michael Spence is Canadian! Sorry, but it’s time we make the world realize that Canadians have made many intellectual contributions to the world economic order

Jörgen Eriksson Jörgen Eriksson March 30, 2014 at 22:18

Michael Spence biography at the Nobel Foundations website says “I was born during the second World War in Montclair New Jersey. This was more or less an accident (the location that is). My father was based in Ottawa as a member of the War Time Prices and Trades Board, the Canadian version of wartime price controls. That work entailed frequent trips to Washington to coordinate with their American counterparts. New Jersey is more or less half way between the two capitals and my mother was visiting friends. So although I grew up in Canada during and after the war until leaving for college in the United States, I managed to also be an American by birth.

I have changed the article to say “Canadian / American”.

michael haywood March 31, 2014 at 14:13

Jorgen, thanks for the clarification. Canadians rarely get credit or are noted for their contributions, so I was trying to be a bit patriotic. To some extent we are all global citizens and perhaps attribution to and significance of birthplace should be moot. But………..!!!

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