Sunday, February 9, 2014

Roubini : Many Emerging Markets are in real trouble

"Many emerging markets are in real trouble" Roubini wrote early this month in an article for Project Syndicate. "The list includes India, Indonesia, Brazil, Turkey and South Africa (the 'Fragile Five'), because all have twin fiscal and current-account deficits, falling growth rates, above-target inflation and political uncertainty from upcoming legislative and/or presidential elections this year."

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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