Sunday, October 26, 2014
Roubini in MONTEGO BAY, Jamaica
There are plenty of challenges in this part of the world and a lot needs to be done. A lot of the work will require co-ordination and co-operation [among] the countries in the region. At the end of the day, greater trade and economic integration have to be part of the solution,” said Professor Nouriel Roubini of the New York University (NYU).
Roubini was addressing the International Monetary Fund’s (IMF) High-Level Caribbean Forum at the Montego Bay Convention Centre, in Rose Hall on Friday. “Policies are not just [to be] national policies, but regional policies, with the support, of course, of the international community. That might be one way of dealing with the fundamental problems [such as] vulnerabilities to natural disasters… of being a small country and being subject to economic shocks of one sort or another,” he pointed out.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics