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