HKS Affiliated Authors
Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government
Charles W. Eliot University Professor
Excerpt
Excerpt
Parting Words: Lawrence Summers points to the most important issue of our time: China. Lawrence Summers, November 21, 2010, Opinion. "A key architect of the administration's efforts to dig itself out of the economic and financial crisis two years ago, Mr. Summers is also one of its most fervent defenders. The major judgments--substantial fiscal stimulus; substantial transparency with respect to the financial system and substantial private-sector capital raising, but no wholesale lurch to nationalization; automobile companies through bankruptcy, but with government as a large-scale DIP financier as rapidly as possible; major actions..." Link