Wednesday, January 29, 2014

BRICS: Absence of demographic divided

The fifth reason, which ails the BRICS economies (specifically China and Russia), according to Roubini, is the absence of demographic dividend as the population is ageing for a number of reasons. Lower population growth is associated with lower potential growth, he observed. - in

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

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