Receive these posts via Email

Friday, February 12, 2016

Nouriel Roubini and Eric Schmidt of Google

Professor Nouriel Roubini talked with Eric Schmidt, executive chairman of Google, and Jared Cohen, director of Google Ideas about their new book, "The New Digital Age: Reshaping the Future of People, Nations and Business."









Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Thursday, February 11, 2016

Roubini: The New Abnormal for a Troubled Global Economy




The world economy has had a rough start in 2016, and it will continue to be characterized by a new abnormal: in the behavior of growth, of economic policies, of inflation and of key asset prices and financial markets. First, potential growth in … Read more on TIME











Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Saturday, February 6, 2016

The Global Economy’s New Abnormal by Nouriel Roubini


NEW YORK Since the beginning of the year, the world economy has faced a new bout of severe financial market volatility, marked by sharply falling prices for equities and other risky assets. A variety of factors are at work: concerns about a hard landing for the Chinese economy; worries that growth in the United States is faltering at a time when the Fed has begun raising interest rates; fears of escalating Saudi-Iranian conflict; and signs – most notably plummeting oil and commodity prices – of severe weakness in global demand.
And there’s more. The fall in oil prices – together with market illiquidity, the rise in the leverage of US energy firms and that of energy firms and fragile sovereigns in oil-exporting economies – is stoking fears of serious credit events (defaults) and systemic crisis in credit markets. And then there are the seemingly never-ending worries about Europe, with a British exit (Brexit) from the European Union becoming more likely, while populist parties of the right and the left gain ground across the continent.

These risks are being magnified by some grim medium-term trends implying pervasive mediocre growth. Indeed, the world economy in 2016 will continue to be characterized by a New Abnormal in terms of output, economic policies, inflation, and the behavior of key asset prices and financial markets.
So what, exactly, is it that makes today’s global economy abnormal?
First, potential growth in developed and emerging countries has fallen because of the burden of high private and public debts, rapid aging (which implies higher savings and lower investment), and a variety of uncertainties holding back capital spending. Moreover, many technological innovations have not translated into higher productivity growth, the pace of structural reforms remains slow, and protracted cyclical stagnation has eroded the skills base and that of physical capital.

Read more at https://www.project-syndicate.org/commentary/market-volatility-in-global-economy-by-nouriel-roubini-2016-02#pKOi8VfzeJkrXs83.99












 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Thursday, February 4, 2016

Roubini Travelling to Asia

 Nouriel Roubini—the economist who predicted the global recession of 2008—will be travelling to Hong Kong this March. His rates and travel fees will be reduced.

Nouriel formerly worked for the White House Council of Economic Advisors as a senior economist for international affairs. He is now chairman of Roubini Global Economics. Consistently making Foreign Policy’s “Top 100 Global Thinkers” list, Nouriel is available to speak on the global economic outlook.

 http://www.leadingauthorities.com/asia/asia-blog/famed-economist-nouriel-roubini-travelling-to-asia.html








 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Wednesday, February 3, 2016

Where is The Global Economy headed




Roubini : Advanced and emerging economies are slowing because of macro imbalances, financial excesses, debt and leverage, lack of structural reform and aging populations. Emerging economies are going to grow at 4-5% compared with 5-6% earlier. This is a new `abnormal' for the global economy .This will continue for a few years with maybe bright spots here and there but they would be exceptions as there are more downside risks than upside risks i ..

Read more at:http://economictimes.indiatimes.com/articleshow/50769126.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst







 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics