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Accelerating growth in the developing world and a new ‘convergence’ with the advanced countries have created a trend that is set to reshape the world, says Nobel Prize-winning economist Michael Spence. The author of The Next Convergence explains what caused this dramatic shift; the unprecedented challenges it creates in governance, international coordination, and ecological sustainability; and the implications for ‘first world’ countries as the global economy develops over the next 50 years. Presented by The Town Hall Center for Civic Life, with Elliott Bay Book Company. Series media sponsorship provided by PubliCola. Series supported by The Boeing Company Charitable Trust and the RealNetworks Foundation.