Straight from Harvard Medical School, their recent publication in September 2010, says it all. The evidence shows that psychodynamic therapy is as effective as CBT, but also its benefits may increase over time.
http://www.health.harvard.edu/newsletter_article/merits-of-psychodynamic-therapy
Suggested reads:
- The effectiveness of psychodynamic psychotherapies: An update. Peter Fonagy World Psychiatry. 2015 Jun; 14(2): 137–150. Published online 2015 Jun 4. doi: 10.1002/wps.20235 https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4471961/
The efficacy of psychodynamic psychotherapy. Shedler J Am Psychol. 2010 Feb-Mar;65(2):98-109. doi: 10.1037/a0018378. https://www.ncbi.nlm.nih.gov/pubmed/20141265
I highly recommend this text on Psychodynamic Therapy (2009) by Summers and Barber on a Guide to Evidence-Based Practice. It is easy to read and accessible.
What is the psychological mechanism of Projection? How can we understand and manage it?