A. Michael Spence is the Chairman of an Independent Commission on Growth in Developing Countries, Professor Emeritus of Management in the Graduate School of Business at Stanford University, a partner at Oak Hill Capital Partners and a Senior Fellow of the Hoover Institution at Stanford. Spence received the Nobel Prize in Economics in 2001, and the John Bates Clark Medal in 1982. He served as dean of the Stanford Business School from 1990 to 1999. From 1984 to 1990, Spence served as the Dean of the Faculty of Arts and Sciences at Harvard, overseeing Harvard College, the Graduate School of Arts and Sciences, and the Division of Continuing Education. He is a fellow of the Econometric Society and the American Academy of Arts and Sciences.