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Saturday, June 23, 2012

Roubini: Two Futures for Europe

There are two futures for Europe says NYU Stern Professor of Economics Nouriel Roubini ,either you move forward or you move backward either disintegration or integration says Roubini , Europe either will implement policies that are going to restore growth , competitiveness , external balance and restore debt sustainability and gradually bring greater integration in union in the Eurozone , either this or Europoe will face disintegration Roubini says , monetary unions without fiscal and political union do not work and are doomed to fail explains Nouriel Roubini

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Nouriel Roubini nicknamed Dr. Doom and lately Dr. Realist by CNBC , is a professor of economics at the Stern School of Business, New York University and chairman of RGE Roubini Global Economics, an economic consultancy firm . Prof. Nouriel Roubini A world-class economist who offers an unflinching look at the global meltdown and distinctive insights into its course going forward. His research on financial crisis in emerging economics has yielded a unique and now vindicated approach to future collapses. Roubini speaks on the global economic outlook and its implications for the financial markets. From his analysis of past collapses of emerging economies, he has identified common factors that support his predictions of crisis in the US and world markets. He has held several high-level advisory positions in the US government and international finance organisations, published numerous policy papers and books on key international macro-economic issues and is regularly cited as an authority in